Barry Stuppler
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Weekly Market Report 2/29/16
(Read More)Professional commodity traders are becoming Gold believers . . . .
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Daily Market Report 2/29/16
GOLD This morning the bargain Gold buyers and professional traders came back. The Gold price started moving higher in Asia and continued through Europe and the U.S., reaching a high of $1,236 per ounce. Worldwide physical demand for Gold remains strong from central banks to private investors aggressively buying. At 11am PST today, Gold is trading at $1,232, up $10...(Read More) -
Deutsche Bank: It’s time to buy gold
(Read More)Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday . . . .
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Daily Market Report 2/26/16
GOLD Today, the Gold market traded between $1,211 and $1,240 per ounce. This is a healthy consolidation of this year’s gains. Physical and paper Gold demand continues to grow, as the price stabilizes above the important $1,200 per ounce level. At 11am PDT today, Gold is trading at $1,222 per ounce, down $12 on average volume. SILVER Silver broke...(Read More) -
Daily Market Report 2/25/16
GOLD The Gold price appears to be firming up in in a $1,210 to $1,250 per ounce trading range. After this year’s substantial increase in the Gold price, a short consolidation phase is very healthy. At 11am PST today, Gold is trading at $1,234 per ounce, down $6 on active volume. SILVER Silver tested its $15 per ounce support...(Read More) -
Enormous Purchases into US Gold ETFs Go Virtually Unnoticed
(Read More)Strange things are happening in the gold market. We have seen some huge gold price gains over the first seven weeks of the year, while over the past weekend we saw a very strong reversal when the Western markets were closed. Perhaps even stranger...
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Daily Market Report 2/24/16
GOLD Gold resumed its rally today, moving above the $1,250 resistance level before seeing sellers. Demand continues to be strong and the long term direction is definitely bullish. At 11am PST today, Gold is trading at $1,240 per ounce, up $19 on good volume. I’m beginning to see a good amount of professional commodity traders changing their Gold/Silver trading strategy...(Read More) -
Daily Market Report 2/23/16
GOLD After the Gold price showed excellent strength and demand yesterday, holding above the $1,200 per ounce support level, the buyers came back today. Today we are seeing major Gold demand from bullion funds and ETF’s. The very popular SPDR Gold Shares, a physical ETF with a trading symbol of GLD, has added over 110 tonnes of Gold (3 ½...(Read More) -
Weekly Market Report 2/22/16
(Read More)Gold and Silver price continue to be very bullish . . . .
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Daily Market Report 2/22/16
GOLD This morning Gold again tested the very important $1,200 per ounce support level. Gold reached a low today of $1,202 before sizeable buying appeared and took the price back above $1,210 very quickly. At 11am PST today, Gold is trading at $1,210 per ounce, down $22 on heavy volume. SILVER When the bears were able to take the...(Read More)
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