Barry Stuppler
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Gold Is Good Money
(Read More)Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But lately there have been some high-profile defections from that consensus . . . .
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Weekly Market Report 10/1/12
This week, as Gold stabilizes and starts its run to all-time highs, learn what’s next. I also discuss what should happen with Silver, which broke out above the $34 an ounce level and has become very bullish on its way to $35 per ounce. The October 2012 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold...(Read More) -
Daily Market Report 10/1/12
GOLD Gold opened lower this morning due to a stronger U.S. Dollar versus the Euro on reports of Spain struggling to reach a solution to its debt problem. Then Charles Evans, the president of the Chicago Federal Reserve Bank, spoke on CNBC. He said, “The Federal Reserve’s third round of bond purchases will likely have to last through 2013 until...(Read More) -
Daily Market Report 9/28/12
GOLD As today is the end of Gold trading for the third quarter, let’s look at the performance of Gold during this period. For the 3third quarter of 2012, Gold has increased $168 per ounce (10.4%). With Gold trading at $1,772 per ounce at 11am PDT today, that means for the month of September, Gold has increased $85 per ounce...(Read More) -
Daily Market Report 9/27/12
GOLD Weaker U.S. economic data (see below) has led to a weaker U.S. Dollar, and stronger energy and precious metal prices. Today’s Gold rally makes it seven weeks in a row that the largest weekly increase in price has come on a Thursday or Friday. At 11am PDT Today, Gold is up $25.70 per ounce, trading at $1,777.90 per ounce...(Read More) -
Daily Market Report 9/26/12
GOLD Weakness in the Euro today has driven up the value of the U.S. Dollar and a stronger Dollar is negative for Gold. Therefore, today we finally saw a short term correction in the price of Gold. Gold briefly broke down below the key $1,750 support level, reaching $1,735 per ounce at one point this morning before major professional buying...(Read More) -
Gold Nearly Flat; Central Banks Add to Holdings
(Read More)Gold prices pared gains to trade around $1,760 on Tuesday as the euro hit session highs versus the dollar, and following data that showed central banks added to their bullion holdings in July and August, led by South Korea and Paraguay.
The metal has risen nearly 5 percent so far in September and is set for a fourth straight monthly gain on expectations the Federal Reserve will . . . .
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Daily Market Report 9/25/12
GOLD Gold rallied this morning based on reports of increasing physical demand for Gold and a press release from the IMF reporting new central bank buying of Gold in July and August. In India we are looking for strong Gold demand as the festival of Diwali approaches on November 13th. At 11am PDT Today, Gold is up $2.30, trading at...(Read More) -
QE to insanity and beyond - best for gold lies ahead
(Read More)The upwards path of the gold price looks to be an almost certainty, inasmuch as anything is certain in this world, driven by open ended QE commitments around the world . . . .
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Weekly Market Report 9/24/12
This week, as Gold stabilizes and starts its run to all-time highs, learn what’s next. I also discuss what should happen with Silver, which broke out above the $34 an ounce level and has become very bullish on its way to $35 per ounce. I am continuing to ask clients and friends to contact their Congressman and ask him/her to...(Read More)





