Barry Stuppler
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Daily Market Report 10/12/12
GOLD The base building continues for the Gold price, as it trades in a narrow range with sizeable demand in the sub $1,760 per ounce area. At 11am PDT today, Gold is trading at $1,760.60 per ounce, down $8.40 per ounce today on light volume. GOLD DEMAND IS STRONG Gold holdings in exchange-traded funds rose for the eleventh straight day...(Read More) -
U.S. mined silver output down 12% in July 2012
(Read More)The U.S. Geological Survey reported nearly 4.31 million ounces of gold production from U.S. mines during the first seven months of this year . . . .
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Daily Market Report 10/11/12
GOLD Gold has been trading in a very narrow $12 trading range all day, with a low of $1,764 and a high of $1,776. This is normal during a consolidation phase as the base of the Gold price continues to rise. Demand continues to be strong as Hong Kong reported today that China imported 53 tons of Gold during August...(Read More) -
Daily Market Report 10/10/12
GOLD Gold is trading at the bottom end of recent trading at the $1,760 to $1,795 per ounce range today. I believe this is an excellent price for adding Gold to your investment holdings. Not a lot of precious metal news to report today, while the Gold price trades in a very narrow range. At 11am PDT today, Gold is...(Read More) -
Silver was Confiscated by Franklin D Roosevelt, too!
(Read More)The best Financial Markets Analysis, Articles and anyone who follows the gold market knows that President Franklin D Roosevelt confiscated gold in 1933 with Executive order 6102. What seems to have been forgotten is that silver was effectively confiscated as well. I have been involved with silver for over 25 years and this fact was unknown to me until recently, in fact many silver bugs don’t know that this happened . . . .
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Daily Market Report 10/9/12
GOLD Late yesterday the International Monetary Fund (IMF) cut its global economic growth forecast and warned things could get much worse if the eurozone crisis continues. This morning Gold tested the $1,760 support level and held. At 11am PDT today, Gold is trading at $1,766 per ounce, down $8.40 per ounce on average volume. SILVER Silver has been weak...(Read More) -
Weekly Market Report 10/8/12
This week, as Gold consolidates in the $1765 to $1795 area and starts its run to all-time highs, learn what’s next. I also discuss what should happen with Silver, which has stabilized above $34 an ounce and has become very bullish on its way to $38 per ounce. Also, the October 2012 CoinStats update is now available. GOLD Gold continues...(Read More) -
Daily Market Report 10/8/12
GOLD The Gold market opened lower in Asia, reaching $1,765 at one point, on last week’s US non-farm payrolls report. That report showed an increase of 114,000 jobs for September, dropping the unemployment rate to a 44-month low of 7.8 percent from 8.1 percent previously. This was significant because the US Federal Reserve has linked its open-ended monthly purchases of...(Read More) -
Daily Market Report 10/5/12
GOLD This morning, Asian Gold traded at a yearly high of $1,796 per ounce on active volume. When the U.S. unemployment number showing a decline to 7.8%, for the month of September was released, Gold quickly sold off to $1,772 per ounce. Then the bulls came back, and Gold rallied back. At 11am PDT today, is trading at $1,778 per...(Read More) -
Daily Market Report 10/4/12
GOLD Gold moved up to its highest price since last November this morning, starting to test the key psychological level of $1,800 per ounce, as the European Central Bank elected to keep interest rates at ultra-low levels. Gold and Silver also rallied after data showed that applications for jobless benefits increased 4,000 to 367,000 in the week ending September 29...(Read More)





