Barry Stuppler
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Weekly Market Report 4/18/16
(Read More)Gold continues bullish rally and is moving higher . . . .
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Daily Market Report 4/19/16
GOLD Gold moved back above the key $1,250 per ounce support/resistance level this morning reaching a high of $1,257 before seeing some light profit taking. China launched Yuan-denominated Gold bullion trading today in a move that will further boost its power in the global Gold and foreign exchange markets. Critics of the existing pricing mechanisms hope that it will lead...(Read More) -
Daily Market Report 4/18/16
GOLD Gold and Silver held well in the face of a sizeable drop in the Oil market today. Gold has traded in a narrow trading range between $1,230 and $1,240 per ounce. Tomorrow, China will launch a Yuan-denominated Gold fix on the Shanghai Gold Exchange, just one more step in China’s move to replace the U.S. Dollar as the world’s...(Read More) -
Daily Market Report 4/15/16
GOLD It appeared that the recent round of short term selling, which took the Gold price down to $1,225, has ended. That price correction was due to a stronger U.S. Dollar and a drop in the Gold ETF Fund’s holdings. The price of Gold has moved higher since the Asian markets opened this morning. At 11am PDT today, Gold is...(Read More) -
Silver overtakes gold as best precious metal on China confidence
(Read More)Metal’s weekly jump extends gain this year to 17% ... Silver has leapfrogged gold as this year’s best-performing precious metal on signs of a stabilizing economy in China, one of the biggest users . . . .
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Daily Market Report 4/14/16
GOLD Gold wasn’t able to hold over $1,250 and was sold down to $1,224 today. A stronger U.S. Dollar and lack of fresh Gold demand caused some short term profit taking. Gold is now in a short term trading range from $1,210 to $1,260 per ounce. At 11am PDT today, Gold is trading at $1,225 per ounce, down $22 on...(Read More) -
Gold Demand Jumps in Japan as Sub-Zero Rates Spur Call for Haven
(Read More)Sales increase 35% in first quarter after Bank of Japan move ... Negative rates seen boosting central bank, investor demand . . . .
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Daily Market Report 4/13/16
GOLD A short term rally in the U.S. Dollar, and some light profit taking after the recent Gold rally, moved the Gold price down to $1,240 before finding bargain buyers. Gold needs to move back above $1,250 this week to stay short term bullish. The U.S. budget deficit is moving higher. The deficit increased $461 billion in the last six...(Read More) -
Deutsche Bank Says World “Past the Point Of No Return” In The Default Cycle
(Read More)Over the past year, the credit cycle finally turned, and has unleashed the latest default cycle. In fact, as BofA’s Michael Contopoulos warned last week...
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Russia continues to add tons of gold to nations bullion reserves
(Read More)Russia continues to add to its gold bullion reserves, according to Russian President Vladimir Putin...





