Barry Stuppler

This Week’s Headlines: Gold China Opens its Gold Market to Foreign Banks Rare Coin Report 2014 CoinStats Now Available Silver Recommended Investment Commitment and Diversification GOLD Last week was the only week in 2014 where the price of Gold declined. Gold was however up $37.90 (3.15%) for the month of January. Gold ended the week and the month at $1,239.80...

GOLD Today, the Institute for Supply Management (ISM) said its index of national factory activity fell from a recently revised 56.5 in December, to 51.3 last month, its lowest level since May 2013. This news, combined with disappointing January retail sales, has caused the U.S. stock market (DJIA) to immediately fall over 200 points, and Gold to rally $15 per...

GOLD Gold is trading in a narrow price range today from $1,238 to $1,255 on light volume. The month of January ended today with Gold showing over a 3% increase. Comparing Gold’s January performance to the world’s equity markets shows that investors are running from stocks and bonds, as they see Gold representing an excellent investment alternative. At 11am PDT...

GOLD Gold dropped $25 per ounce at the open of today’s trading after data showed robust household spending and rising exports helped the U.S. economy to grow 3.2 percent in the fourth quarter of 2013. The thinking is that a strong economy will result in the Federal Reserve continuing to cut its current $65 billion monthly bond buying program. At...

GOLD As we wait for today’s announcement from the Federal Reserve on their $75 billion monthly bond buying program, Gold rallied. There is sizeable support for Gold around the $1,250 per ounce level and this morning in Asia there was renewed interest which drove Gold up to test the $1,270 resistance level. At 11am PDT today, Gold is trading at...

GOLD Gold opened lower over concerns that the Federal Reserve may cut another $10 billion from its monthly bond-buying program, ahead of the start of the Fed’s two-day meeting. At 11am PDT today Gold is trading at $1,250.20 per ounce, down $11.30 per ounce on average volume. SILVER Silver continues to show price weakness, as it traded below $20 per...

This Week’s Headlines: Gold Gold Surges on Speculation India May Ease Import Restrictions Soaring Demand for Popular Gold Bullion Coins Physical Gold is Still Moving from West to East Silver 2014 U.S. Silver Eagles Have Arrived January 2014 CoinStats Now Available 2014 First Strike Silver Eagles Boxes are Now Available Recommended Investment Commitment and Diversification GOLD The 2014 gold rally...

GOLD Gold opened higher in Asia this morning, breaking above the $1,270 per ounce resistance level, based on news that the largest one-day withdrawal of physical COMEX Gold in over a year happened last week. The JPMorgan (JPM) warehouse withdrew a stunning 321,500 ounces of gold (10 tonnes). Additionally, we also saw a large withdrawal from the Scotia Mocatta warehouse...

GOLD Today, the U.S. stock markets continue to decline and Gold continues its move higher. Earlier this morning Gold was able to move above its $1,270 per ounce resistance level, reaching $1,272.80 per ounce. At that point we saw some light short term profit selling causing the price to drop back to $1,260 per ounce. At 11am PDT today, Gold...

GOLD Gold Surges on Speculation India May Ease Import Restrictions Over the past year India’s attempt to impose price controls on Gold imports has only achieved one thing: citizens have been forced to find ever newer and more creative means of smuggling Gold. It has gotten so bad Indians are now smuggling the yellow metal through Pakistan, on airplanes, and...