Barry Stuppler
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Daily Market Report 3/26/15
GOLD When Gold broke though the $1,200 per ounce resistance level this morning, it quickly rallied $20 per ounce. Gold reached the high of the day, $1,220, before seeing short term profit taking. For most of today’s trading session Gold has stayed between $1,200 and $1,210 per ounce. I would like to see Gold consolidate recent gains and trade in...(Read More) -
Daily Market Report 3/25/15
GOLD For most of today’s trading Gold has traded in a very narrow $3 high/low price range, from $1,196 to $1,199. Trading volume has been surprisingly above average, considering the narrow range. This consolidation is healthy, and when Gold breaks above the key $1,200 per ounce resistance level it should quickly move up $20 per ounce. Physical Gold demand has...(Read More) -
Daily Market Report 3/24/15
GOLD Gold tested a recent high of $1,196 per ounce during London trading today as it continues to close in on the important $1,200 level. Gold is holding in a very narrow $1,185 - $1,196 range today and looks good as it consolidates for its next run. At 11am PST today, Gold is trading at $1,194 per ounce, up $4...(Read More) -
It looks like Gold has bottomed
(Read More)Three things support this conclusion: hedge funds, gold stocks, and the macro environment. How strongly will gold bounce? That depends on other asset markets and the US dollar. If the US stock market corrects along with the dollar, the recovery in gold and gold stocks should be fierce, fueled initially by short covering . . . .
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Weekly Market Report 3/23/15
Links to recent informative articles on precious metals and rare coins: Gold: The Good News This Week’s Headlines: Gold Silver Traveling to Baltimore for the Whitman Rare Coin Convention Recommended Investment Commitment and Diversification GOLD Last Wednesday afternoon, the Federal Reserve and its Chairman Janet Yellen updated the nation with their economic outlook. The Federal Reserve felt that it...(Read More) -
Daily Market Report 3/23/15
GOLD This morning the U.S. Dollar is weaker versus the Euro ($1.07), and Gold continues its bullish more higher with Gold reaching a high of $1,189.60 per ounce. Physical and exchange demand for Gold at the current price level is excellent. At 11am PDT today, Gold is trading at $1,188 per ounce, up $6 per ounce on excellent volume. SILVER...(Read More) -
Daily Market Report 3/20/15
GOLD For the past three trading sessions Gold has shown excellent consolidation above $1,170 per ounce. This morning Gold is showing excellent demand and has rallied $13 per ounce. At 11am PDT today, Gold is trading at $1182, up $13 per ounce on excellent volume. SILVER Silver reached a high of $16.93 per ounce earlier this morning. At 11am PDT...(Read More) -
Daily Market Report 3/19/15
GOLD Yesterday, the Federal Reserve and its Chairman Janet Yellen updated the nation with their economic outlook. The Federal Reserve felt that it wasn’t the right time to raise interest rates and decided to make the future direction more dependent on economic indicators. They revised targets on unemployment, GDP, and inflation rates to be more conservative. These changes caused many...(Read More) -
Daily Market Report 3/18/15
GOLD The Gold, Silver, U.S. Dollar, Equity, and Bond markets are all waiting for Chairman Janet Yellen’s press conference today. Within 30 minutes the Fed will report on the state of the economy, followed by a press conference with Chairman Yellen. Gold has been trading in a very narrow $10 high/low range of $1,155 to $1,145 per ounce, awaiting direction...(Read More) -
Daily Market Report 3/17/15
GOLD The bull/bear war in the trenches of the world’s commodity trading pits continues. Yesterday, the bulls were able to move the Gold price up to $1,163, before selling came in. This morning the bears were able to knock down the price to $1,143, before serious buying appeared. At 11am PDT today, Gold is trading at $1,149 per ounce, down...(Read More)





