Barry Stuppler
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WGC 2nd Qtr 2013 Gold Report
(Read More)The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have generated significant increases in demand, most notably from consumers in China and India - by far the biggest markets for gold - compared with the same time last year . . . .
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Daily Market Report 8/14/13
GOLD Gold rallied back above the $1,330 per ounce level in the face of the U.S. Dollar hitting a one-week high against the Euro and the Yen, as well as a 3rd increase this year in India’s Gold import duties. My good friend and past U.S. Mint Director, Phillip Diehl, wrote an article in today’s Wall Street Journal called “China...(Read More) -
Indias gold guzzling spurs neighbors to act
(Read More)Indians bought more gold in July than June despite a series of moves by the central bank to strangle supplies, and their insatiable appetite has forced neighbouring countries to take steps to curb their own imports . . . .
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Daily Market Report 8/13/13
GOLD After a $24 increase yesterday on heavy volume, we saw some short term profit taking this afternoon. Gold did reach $1,340 per ounce this morning before selling off to $1,318 where it found support. At 11am PDT today, Gold is trading at $1,322 per ounce, down $14 on excellent volume. India purchases record amount of Gold despite increased duties...(Read More) -
Daily Market Report 8/12/13
GOLD The bulls are back and the shorts are running for cover this morning in the Gold pits. Gold opened in Asia this morning up $1,325 and kept on moving higher. Considering this is the normally weak summer months, Gold demand has been exceptionally strong. At 11am PDT, Gold is up $20.40 per ounce, trading at $1,336 per ounce on...(Read More) -
Silver Short Squeeze
(Read More)Silver has suffered a miserable year so far, bludgeoned by gold’s unprecedented selling anomaly. The exceptional weakness in both metals was greatly exacerbated by futures speculators piling on short-side bets. But with silver shorts hitting record extremes, a super-bullish short squeeze now looms. Any rapid silver rally is likely to spook the highly-leveraged futures traders, sparking a massive stampede to cover . . . .
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Weekly Market Report 8/12/13
This Week’s Headlines: Gold Is the drop in GLD’s Gold holdings Bullish or Bearish? Rare Coin Update Silver Recommended Investment Commitment and Diversification GOLD Last week Gold tested its support, breaking below the key $1,300 resistance level twice and reaching a low of $1,271 per ounce before finding support. Last Thursday the bullish Chinese import/export numbers were released and Gold...(Read More) -
Daily Market Report 8/9/13
GOLD Yesterday was the most positive day I have seen for Gold in the past two weeks. Not only was it up $24 per ounce, but it successfully moved above the key $1,300 per ounce resistance level on the highest volume of the week. Today, Gold is holding in a tight price range above $1,300 per ounce. At 11am PDT...(Read More) -
Daily Market Report 8/8/13
GOLD Gold rallied $23 today on better-than-expected growth in both Chinese exports and imports data which was released this morning. This news eased concerns about the outlook of China’s economy, and raised hope that stabilization there could propel faster growth worldwide. Chinese exports in July rose 5.1% from a year ago, better than the 3% analysts had expected. And imports...(Read More) -
Daily Market Report 8/7/13
GOLD After six days of declines Gold finally turned higher this morning on light volume. Gold traded in a narrow $16 per ounce range, $1,273 on the low and $1,289 for the high. Physical demand for Gold investment products continues to grow at a record pace globally. At 11am PDT today, Gold is trading at $1,286 per ounce, up $3...(Read More)
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Both Gold & Silver break below key support levels ByJune 24 2026
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Gold & Silver testing key support levels ByJune 23 2026
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China’s gold imports surge to most in more than two years ByJune 23 2026
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