Barry Stuppler
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Daily Market Report 2/5/15
GOLD Gold continues to build a base in the $1,250 to $1,280 per ounce area. Considering January’s $100 Gold rally from the 2014 lows, this is very healthy for the market. Many of the professional commodity traders I have spoken to this week are aggressively buying Gold on dips. At 11am PST today, Gold is up $1 per ounce, trading...(Read More) -
Swiss Exported 1,746 Tons of Gold, Russian Deliveries Raise Questions
(Read More)Last year Switzerland has globally exported gold worth 65 billion Swiss Francs. India was the biggest buyer, Germany was ranked 5th. Russia delivered 55 tons more than it withdrew . . . .
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Daily Market Report 2/4/15
GOLD Gold traded in a narrow range today, consolidating for its next attempt at the important $1,300 per ounce resistance level. For most of the day Gold trading stayed in the $1,260 to $1,265 per ounce range, reaching an inter-day high of $1,272.60. At 11am PST today, Gold is trading at $1,264 per ounce, up $1 on average trading volume...(Read More) -
Silver Eagles vs Gold Eagles: Two Charts You Have to See
(Read More)There are two charts every precious metals investor needs to see. The U.S. Mint is celebrating its 30 year anniversary producing Gold and Silver Eagles and if we look at the sales data of these two Official precious metal legal tender coins going back to 1986, there are some interesting trends worth looking at . . . .
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Daily Market Report 2/3/15
GOLD Gold tested the $1,250 per ounce support level this morning, reaching a low of $1,255 at one point. Major buying appeared at that price and Gold rallied into the mid $1,260 level. Gold continues to consolidate its January rally while trading in the $1,250 to $1,290 area. At 11am PST today, Gold is trading at $1,263 per ounce, down...(Read More) -
Weekly Market Report 2/2/15
Links to recent informative articles on precious metals and rare coins: Why gold outperformed other assets recently This Week’s Headlines: Gold Silver Rare Coin Market Update Recommended Investment Commitment and Diversification GOLD During the month of January 2015, Gold moved from a low of $1,183 per ounce to a high of $1,307 while maintaining a very bullish trading...(Read More) -
Daily Market Report 2/2/15
GOLD Gold has traded between $1,266 and $1,283 per ounce today. The Gold price is establishing an excellent base above the key $1,250 per ounce support level. After speaking with many professional traders and looking at the extraordinary demand, I feel Gold will break back above the $1,300 per ounce resistance level very soon. After a short period of consolidation...(Read More) -
India overtakes China as world’s top gold consumer
(Read More)Chinese gold demand slid by more than a third last year to a four-year low of 866 tonnes. India overtook China as the world’s biggest gold consumer in 2014 as global physical demand fell . . . .
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Daily Market Report 1/30/15
GOLD The U.S. GDP numbers were released today and showed that the U.S. economy only grew 2.6% in the final three months of 2014. This growth rate was slower than had been forecast. The preliminary U.S. GDP was expected to show the growth rate only slowing to 3% in Q4, compared to the 5% GDP recorded in Q3 2014. Gold...(Read More) -
Daily Market Report 1/29/15
GOLD Gold was hit with heavy short term selling this morning. The heavy selling resulted from news of Germany falling into a deflationary cycle, Denmark cutting its interest rates for the third time in 10 days, and the U.S. labor department reporting that jobless claims fell to the lowest level since 2000. At 11am PST today, Gold is trading at...(Read More)





