Barry Stuppler
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Daily Market Report 2/25/15
GOLD After hitting a monthly low of $1,190 per ounce yesterday, Gold found a few sellers which caused the price to rally to today’s high of $1,212.30. The light volume is an excellent indicator of a lack of fresh selling and possibly short sellers taking profits. Chinese buyers returning from a week-long Lunar New Year holiday were active bargain buyers...(Read More) -
Have the big banks been manipulating gold and silver prices?
(Read More)For many years most of the perennially bullish precious metals commentators ... have been claiming that precious metals prices are being heavily manipulated by the big commercial banks in collusion with the U.S. Fed and other central banks ... citing as evidence various documentation ... obtained under freedom of information requests. It has always been the gold bulls’ gripe that the evidence they have come up with has been totally ignored by the mainstream media, but is this all changing . . . .
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Daily Market Report 2/24/15
GOLD As Federal Reserve Chairman Janet Yellen speaks to the Senate Finance committee about interest rates staying unchanged for the next 3-4 months, Gold continues to move above and below the important $1,200 per ounce support level. At 11am PST today, Gold is trading at $1,198 per ounce, down $4 per ounce on average trading volume. SILVER Silver has been...(Read More) -
Weekly Market Report 2/23/15
Links to recent informative articles on precious metals and rare coins: Greeks are Running Towards Gold as Retail Demand Increases 123% This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Last week there were only four trading days due to the President’s Day holiday. Gold closed between $1,200.20 and $1,208.60 per ounce all those four days...(Read More) -
Daily Market Report 2/23/15
GOLD This morning Gold tested the $1,200 per ounce support level again, dropping to $1,191 per ounce before sizeable buying appeared driving the price back up to $1,210. At 11am PST today, Gold is trading at $1,202 per ounce, down $2 on excellent volume. SILVER Silver reached a low of $16.08 per ounce earlier this morning before rallying back. At...(Read More) -
China gold demand up 17% YTD
(Read More)SGE gold withdrawals have hit 374 tonnes in the first six weeks of the year – a record level in the run up to the Chinese New Year holiday . . . .
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Daily Market Report 2/20/15
GOLD Gold is testing the $1,200 per ounce support level again, reaching a low of $1,199.80 in early trading. The U.S. Dollar’s strength combined with weekend selling has put pressure on the price today. Many traders are waiting for some fresh news from the European Central Bank meeting. At 11am PST today, Gold is trading at $1,205 per ounce, down...(Read More) -
Daily Market Report 2/19/15
GOLD According to a record of the Jan. 27-28 Federal Open Market Committee meeting released yesterday at 2pm EST, many Fed Officials were inclined to keep zero rates longer. After that news, Gold quickly rallied $7 off the $1,200 lows and this morning’s Asian trading reached a high of $1,223 per ounce. Yesterday the U.S. producer prices index was released...(Read More) -
Daily Market Report 2/18/15
GOLD The moment of truth has hit the world’s Gold trading markets. This morning Gold has traded above and below the key long term $1,200 per ounce support level. Gold needs to hold above that very important support level to stay bullish. At 11am PST today, Gold is trading at $1,201, down $7 per ounce in active trading. SILVER In...(Read More) -
Weekly Market Report 2/17/15
Links to recent informative articles on precious metals and rare coins: World Gold Councils 2014 Gold Demand Annual Report 25% of physical Gold buyers are crazy, metals executive says This Week’s Headlines: Gold Why did 166 metric tons of Gold leave NY Fed Reserve Bank in 2014? Silver Recommended Investment Commitment and Diversification GOLD Last week Gold hit...(Read More)





