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Barry Stuppler

  1. Daily Market Report 10/3/13

    GOLD Gold is trading today between $1,305 and $1,325 per ounce on light volume, waiting for some direction out of Washington or Asia. The Chinese markets open up on Monday and volume and demand should be strong. At 11am PDT today, gold is trading at $1,309 per ounce, down $8 per ounce on average volume. IMF managing director Christine Lagarde...
    (Read More)
    By Barry Stuppler
    | October 4 2013
    Posted in Daily Market Report

  2. Daily Market Report 10/3/13

    GOLD Gold tested the $1,300 support level early this morning and held. Gold then quickly rallied back up to $1,320 per ounce on excellent volume. The current government shutdown and congressional problems continues to confirm the basic fundamental reasons for Gold ownership, and should the U.S. default on its debts in two weeks, we should see a sharp rally. At...
    (Read More)
    By Barry Stuppler
    | October 3 2013
    Posted in Daily Market Report

  3. Daily Market Report 10/2/13

    GOLD After yesterday’s $40 decline in the Gold price, the market bounced back this morning, reaching $1,323 per ounce. There was no significant news that caused this rally except that yesterday’s decline was not logical. At 11am PDT today, Gold is trading at $1,318 per ounce, up $31 per ounce on excellent volume. SILVER Silver rallied with Gold this morning...
    (Read More)
    By Barry Stuppler
    | October 2 2013
    Posted in Daily Market Report

  4. How China is taking over the world, one gold bar at a time

    The year 2013 in the gold investment market will be remembered as the year of China, so we’ve produced a stunning infographic detailing China’s great golden rise to power.

    In just a few months the world’s largest country will overtake India as the biggest consumer of gold and its gold market continues to break records . . . .

    (Read More)
    October 2 2013
    Posted in News Articles

  5. Daily Market Report 10/1/13

    GOLD Technical stops were triggered this morning on the U.S. Gold exchange and Gold broke down dramatically. At 8:00 AM EST, 4,543 lots (454,300 ounces) traded in the active December Gold contract and Gold dropped $9. Then, at exactly 8:30 AM EST, 8,174 (817,400 ounces) lots of Gold hit the exchange as stops went off. Gold fell from $1,310 all...
    (Read More)
    By Barry Stuppler
    | October 1 2013
    Posted in Daily Market Report

  6. Daily Market Report 9/30/13

    GOLD Today the Gold price has been as high as $1,344 and as low as $1,323 based on the news coming out of Washington about the possibility of a U.S. government shutdown tomorrow after the Republican-controlled House of Representatives, early on Sunday, passed a measure that ties government funding to a one-year delay of Obama’s landmark healthcare restructuring law. The...
    (Read More)
    By Barry Stuppler
    | September 30 2013
    Posted in Daily Market Report

  7. Weekly Market Report 9/30/13

    This Week’s Headlines: Gold Central Banks keep buying Gold in August Silver Rare Coin Market Update Recommended Investment Commitment and Diversification GOLD Last week the Gold market traded in a very tight price range. Gold traded from $1,305 on the low to $1,345 on the high, closing last Friday at $1,339 per ounce, up $6.70 for the week. September has...
    (Read More)
    By Barry Stuppler
    | September 30 2013
    Posted in Weekly Market Report

  8. Washington Fiscal Crisis Could Unleash Dollar Selling, Gold Buying

    The U.S. dollar is under pressure, but the current bout of minor weakness could be just the "calm before the storm." With political squabbling in Washington D.C. stealing headlines, the greenback is slumping as the nation hurtles toward a potential government shutdown on Oct. 1 . . . .

    (Read More)
    September 30 2013
    Posted in News Articles

  9. Daily Market Report 9/27/13

    GOLD Today, comments from a Federal Reserve official suggested an $85 billion bond-buying taper could be pushed out to next year causing Gold to rally $12 per ounce. Gold did reach $1,344 per ounce before seeing professional taking profits before the weekend. At 11am PDT today, Gold is trading at $1,337 per ounce up $12 per ounce on average volume...
    (Read More)
    By Barry Stuppler
    | September 27 2013
    Posted in Daily Market Report

  10. Daily Market Report 9/26/13

    GOLD Gold opened lower today based on a strengthening of the U.S. Dollar which is due to a better than expected weekly jobless claim report. The Congressional Budget debate and upcoming concerns over raising the debt ceiling is giving support to the Gold price, but the market is range bound. Gold is showing firm support at $1,315 per ounce, with...
    (Read More)
    By Barry Stuppler
    | September 26 2013
    Posted in Daily Market Report

Items 4441 to 4450 of 5451 total

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