Barry Stuppler

GOLD Friday’s Gold sell off drove the price down to as low as $1,206 due to the better-than-expected increase of 195,000 jobs in the June report. This beat consensus expectations of 165,000. This morning Gold opened higher in Asia and kept on rallying, reaching a high of $1,238 per ounce. At 11am PDT today Gold is trading at $1,237 per...

GOLD The Gold price has traded between $1,246 and $1,261 per ounce today on average volume. At 11am PDT today, Gold is trading at $1,253.70 per ounce, up $10.30 per ounce. Investors swapping paper Gold for physical Gold is increasing As of June 28, 2013 investors have sold 586 metric tons of paper Gold from their exchange-traded Gold funds since...

GOLD Gold looks to be consolidating its recent gains in the $1,244 to $1,267 per ounce price range. A combination of a strong U.S. Dollar and continued short covering has provided a mixed message for the direction of the market. Trading volume, starting tomorrow, should lighten up as we approach the Independence Day holiday. At 11am PDT today, Gold is...

GOLD Today, Gold moved higher from the opening gun in Asia. Demand is strong and the price reached a high of $1,262 per ounce before seeing any serious selling. There has been a nice increase in open interest in the CME’s Gold contracts today, an excellent sign of new buying. At 11am PDT today, we have Gold up $31 per...

This Week’s Headlines: Gold Window Dressing might have been the real problem Looking at the Big Gold Picture Central Banks keep buying Gold Silver Collectible Coin Protection Act Recommended Investment Commitment and Diversification   GOLD During last Friday’s Gold trading I saw an excellent example of what technical analysts call “an inter-day reversal” with Gold, while making new lows ($1,180...

GOLD Yesterday, right after Gold briefly traded below $1,200 per ounce on the New Year CME Market, over 30,000 CME August 100 ounce Gold contracts quickly traded above $1,200 (A combination of professional short covering and new long buyers). In Asia this morning, Gold traded actively under and over $1,200 per ounce, reaching $1,180 per ounce at one point. Clearly...

GOLD Overnight in Asian markets Gold rallied up to $1,245 per ounce before selling hit the market. The normal demand from Chinese and Indian buyers did not appear and the Gold quickly sold off, reaching a low of $1,208. Because of the weakness in the Asian and European economies the U.S. Dollar has been the strongest currency trading, which is...

GOLD Gold prices were sold down to a low of $1,224 per ounce in Asia this morning on fears about the impact of a cash crunch in China. This, along with the projected low Indian Gold demand, has the government restricting banks to make Gold-backed loans in order to curb imports in addition to increasing import duties. The end of...

GOLD Today I saw a lot of major international banking institutions (HSBC, Deutsche Bank, Morgan Stanley, Goldman Sachs and BNP Paribas) lower their Gold and Silver price forecasts. These statements negatively affected the price of Gold and Silver this morning. At 11am PDT today, Gold is trading at $1,278, down $2 per ounce on excellent volume. Central Banks keep buying...

This Week’s Headlines: Gold What has caused this dramatic drop in Gold? What is the outlook for Gold now? Ron Paul feels that the Gold Price is going much higher Silver Collectible Coin Protection Act Recommended Investment Commitment and Diversification   GOLD Last week was truly ugly for Gold and Silver investors. Gold fell sharply below the short term support...