Barry Stuppler

GOLD Gold moved higher this morning on concerns of Eurozone economic problems.  European central bank leadership will have a meeting later this week to discuss the best way to speed up the recovery. At 11am PDT today, Gold is trading at $1,676 per ounce, up $3.50 on light volume. Federal Budget Deficit is Projected to Improve in 2013 The Congressional...

GOLD Gold rallied yesterday and the world’s equity markets declined as European political risk heats up again. As Spain’s Prime Minister Mariano Rajoy was accused of accepting and distributing illegal payments to party members. Rajoy is considered to be a front-runner in the upcoming elections, but now there is an increased amount of uncertainty. Meanwhile, former Italian Prime Minister Silvio...

This week we are offering 1st Strike 2013 Gold and Silver Eagles encapsulated by PCGS and graded a perfect MS70. We also have a limited supply of the 2013 1oz Gold Buffalo in 1st Strike graded a perfect MS70 by PCGS.   GOLD Gold’s recent decline bottomed out last Monday on heavy volume, then it turned up, closing up $13...

GOLD Gold opened higher in Asia this morning as the price traded in a tight high/low range of only $14 per ounce. Trading volume should drop later this week as China approaches a week-long Lunar New Year holiday starting this Saturday. Gold has short term resistances at $1,680, and long term resistances at $1,700 per ounce, I believe both of...

GOLD U.S. Department of Labor reported today that in January the labor force increased by 157,000 workers, weaker than in December, when 196,000 jobs were added. The unemployment rate stayed at 7.9% in January. A disappointing jobs report helped drive Gold higher in early trading, reaching $1,680 per ounce. At 11am PDT Today, Gold is up $9.00 per ounce, trading...

The U.S. Mint resumed sales after a week of suspension as silver coins sales for January almost doubled compared with the month before. An all-time high of over 7.4 million Silver Eagle coins were bought in January from the U.S. Mint, which substantially exceeded the former record set in early 2011. Gold coin sales were also the highest seen in almost three years.

All of this excitement in the coin market is happening against the backdrop of . . . .

GOLD A stronger-than-expected reading coming from the Chicago Purchasing Managers Index in January (55.6 versus 50.0 in December) helped to push Gold prices lower. This price decline was very disappointing after the positive reaction to yesterday’s Federal Reserve statement.At 11am PDT Today, Gold is trading at $1,662 per ounce, down $17 per ounce on average volume. SILVER Silver followed Gold’s...

GOLD The US Commerce Department reported today that the US economy (GDP) unexpectedly reversed course in the final quarter of 2012, dropping 0.1 % in the fourth quarter of 2012, its worst performance since the financial crisis in 2009. Today’s GDP data assures that the Federal Reserve will continue its current economic stimulus programs and Gold rallied. At 11am PDT...

GOLD Substantial physical Gold demand from bargain buyers in Asia rallied the market early this morning. As we approach the Chinese New Year we should see increasing physical demand in Asia. An additional bullish factor for Gold is that the China Securities Regulatory Commission (CSRC) issued a provisional proposal for Gold ETFs on January 25th.  Gold investors are waiting to...

The January 2013 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold Liberties, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollar series. This week we are accepting orders for the 2013 1oz Gold & Silver Eagles for immediate delivery at today’s low prices. These are the First Strike 2013 Gold and Silver Eagles in...