Barry Stuppler
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Daily Market Report 12/1/15
GOLD Gold moved higher this morning, reaching a high of $1,075 per ounce in Asian and European trading. There was selling at this morning’s high and the price quickly moved lower. The U.S. Dollar rally, a bearish factor for Gold, has slowed down, which could add some support for the price. I think Gold still needs to have a final...(Read More) -
Weekly Market Report 11/30/15
Links to recent informative articles on precious metals and rare coins: You can’t eat Gold or a debt sandwich Russian Gold reserves grow by 600,000 ounces in October Chinese savers turn to Gold as rest of the world exits holdings This Week’s Headlines: Gold The classic Intra-Day reversal in the Gold price is coming soon How do I feel...(Read More) -
Daily Market Report 11/30/15
GOLD This morning the U.S. Dollar approaches a new 10-year high versus the Euro. This, combined with the current bear trend has caused the Gold price to hit $1,053 per ounce this morning. At 11am PDT today, Gold is trading at $1,165 per ounce, down $6 from last Wednesday, but up $9 from European/Asian trading over the holiday. SILVER...(Read More) -
Daily Market Report 11/25/15
GOLD Gold trading was very light today, staying in the $1,070 to $1,080 price range. The Gold market will be closed tomorrow (Thanksgiving Day) and it will be open ½ day on Friday. At 11am PDT today, Gold is trading at $1,071, down $4 on light trading. SILVER Silver reached a low of $14.03 in early morning trading before...(Read More) -
You Can’t Eat Gold or a Debt Sandwich
(Read More)In one hand we hold gold, which is eternal, beautiful, and valuable everywhere. In the other hand we are stuck with a debt sandwich. That sandwich is a massive slab of debt wedged between an impressive military war machine...and a huge welfare system that spends money even more rapidly . . . .
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Daily Market Report 11/24/15
GOLD Gold rallied this morning based on the weakness of the U.S. Dollar versus the Euro. Trader’s felt that the reason for the sell off in the U.S. Dollar was a result of the Russian jet being shot down by Turkey. At 11am PDT today Gold is up $7 per ounce, trading at $1,075 per ounce on average volume. ...(Read More) -
Russian Gold reserves grow by 600,000 ounces in October
(Read More)The value of Russian gold reserves rose by 3.45% to $50.58 Billion in October as compared to $48.89 Billion recorded in September . . . .
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Weekly Market Report 11/23/15
Links to recent informative articles on precious metals and rare coins: China’s yuan takes another step towards SDR basket inclusion Gold remains the best insurance for a crisis Chinese savers turn to Gold as rest of the world exits holdings This Week’s Headlines: Gold How do I feel about the Gold price? What do I expect to see for...(Read More) -
Daily Market Report 11/23/15
GOLD This morning the U.S. Dollar approached a new 10-year high versus the Euro. This, combined with the current trend, has caused the Gold price to reach a low of $1,066.80 per ounce. At 11am PDT today, Gold is down $9.00, trading at $1,068 per ounce on normal volume. SILVER Silver sold off with Gold this morning, reaching a...(Read More) -
Daily Market Report 11/20/15
GOLD Asian short covering of Gold contracts took the price up to $1,088 per ounce this morning. Many professional traders try to be flat (not long or short) on Fridays, eliminating any market risk over the weekend. After reaching $1,088 this morning sellers appeared, taking the price down $10 per ounce. At 11am PDT today, Gold is down $1, trading...(Read More)
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