Barry Stuppler
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Daily Market Report 5/17/16
GOLD George Soros, who once called Gold “the ultimate bubble,” has resumed buying the precious metal after a three-year hiatus. On Monday, the billionaire investor disclosed that in the first quarter of 2016 he made a $123.5 million investment in Gold. At 11am PDT today, Gold is trading at $1,275, up $2 per ounce on normal volume. SILVER Silver continues...(Read More) -
Hedge funds keep betting on silver even as rally starts to fade
(Read More)Hedge funds expanded their bullish bets on silver to an all-time high even as this year’s hottest metals rally began to fade . . . .
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Weekly Market Report 5/16/16
(Read More)Gold consolidating getting ready for a move above $1,300 . . . .
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Daily Market Report 5/16/16
GOLD Gold opened $5 higher this morning in Asian trading upon news of slowing Chinese economic growth and a small selloff in Asian stock markets. At 11am PDT, Gold is down $1 per ounce, trading at $1,273 on average volume. SILVER Silver reached a low of $17.04 (above the key $17 per ounce support level). At that point, bargain buying...(Read More) -
Daily Market Report 5/13/16
GOLD After testing support by reaching a low of $1,265 per ounce, bargain buying appeared. I would like to see Gold end the week above the $1,260 per ounce level, staying in its recent trading range. At 11am PDT today, Gold is up $2 per ounce, trading at $1,273 on weekend type volume. SILVER Silver is trading above and below...(Read More) -
Daily Market Report 5/12/16
GOLD For most of today’s trading session, Gold was in the $1,268 to $1,275 range. The consolidating continues as Gold builds a base for the next leg higher (above $1,300) within the next couple weeks. At 11am PDT today, Gold is trading at $1,270 per ounce, down $5 on average volume. SILVER This morning Silver tested and held above the...(Read More) -
Alice in Wonderland Economics Leads Us towards Gold
(Read More)As I have been telling anyone that I can buttonhole at drinks parties for some time, we are living in the age of Alice in Wonderland Economics . . . .
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Daily Market Report 5/11/16
GOLD Gold found some fresh buying this morning in the Middle East and Europe, and rolled into the U.S. commodity markets with a $6 increase in price. Buying continued above $1,270 and reached $1,279 before some light profit taking was seen. At 11am PDT today, Gold is trading at $1,275, up $10 on good volume. SILVER It appears that the...(Read More) -
Daily Market Report 5/10/16
GOLD We are now in the second week of Gold price consolidation, as it trades between $1,250 and $1,300 per ounce. I believe we will see Gold move up gradually the remainder of this week, with one more possible test of the $1,250 support level. Then, next week, with India’s wedding festival season starting, both the Gold demand and price...(Read More) -
I’m with Stan Druckenmiller, Gold has every reason to rise
(Read More)Negative interest rates, the Fed’s quantitative easing and a race to devalue global currencies are bullish for Gold . . . .





