Barry Stuppler
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Republicans eye return to gold standard
(Read More)The gold standard has returned to mainstream US politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy . . . .
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Daily Market Report 8/23/12
GOLD Gold rose for a seventh day in a row on Thursday just minutes after the U.S. Federal Reserve’s most recent policy meeting gave an unexpectedly clear signal that our central bank may launch a new round of fiscal easing measures to boost the economy. Gold and Platinum prices continued to soar as investors were concerned with supply disruptions. The killing of...(Read More) -
Daily Market Report 8/22/12
GOLD Yesterday, Gold broke out of its five month trading range. Today, trading has confirmed the break out as it continues to increase. We could easily see Gold reach $1,700 per ounce by month end. At 11am PDT, Gold is up $7.00 per ounce, trading at $1,645 per ounce on heavy volume. SILVER Silver is continuing it move higher, hopefully...(Read More) -
Daily Market Report 8/21/12
GOLD There was some important overnight news that affected the Gold price today. First, China indicated that fresh economic stimulus could be on the way by the second half of the year. Second, the US Dollar sold off versus Euro on rumors that the European Central Bank would step up efforts to aid peripheral euro-zone economies. Gold has attempted to...(Read More) -
Daily Market Report 8/20/12
GOLD The support price level for Gold is rising above $1,600. Last night Gold traded as low as $1,609 when we saw excellent demand enter the market. The Gold price quickly rallied to over $1,620 per ounce and has stayed in that price area. At 11am PDT, Gold is trading at $1,621 per ounce, up $4.80 on good volume. ...(Read More) -
Weekly Market Report 08/20/12
This week’s Market Report provides you with an update on the precious metal market activities, as Gold remains above $1,600 per ounce. Also included in this week’s report is an invitation to attend an evening cocktail reception for Congressman Howard Berman on Wednesday, August 22, 2012. I am also asking my clients and friends to contact their Congressman and ask...(Read More) -
Daily Market Report 8/17/12
GOLD Gold has been range bound today in light weekend type trading. The low/high price range for Gold today has only been $11 per ounce for $1,610 to $1,621. At 11am PDT, Gold is trading virtually unchanged at $1,616.20 per ounce, down $0.60 from the same time on Thursday, on very light weekend type volume. Central Bank Gold Buying on...(Read More) -
Daily Market Report 8/16/12
GOLD Chinese Premier Wen Jiabao was quoted as saying that there is more room to adjust monetary policy and thereby improve the economic outlook in the region. After the Chinese Premier’s statement was released Gold jumped $10 per ounce to $1,612 per ounce. At 11am PDT, Gold is up $14.20, trading at $1,616.80 on excellent volume. The World Gold Council...(Read More) -
World Gold Council 2nd Qtr Report
(Read More)World Gold Council released its 2nd quarter Gold Demand Trend report showing gold demand of 990 tonnes worth $51.2 Billion.
The report shows demand for gold jewelry has weakened from last year, but central bank buying as . . . .
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Daily Market Report 8/15/12
GOLD Yesterday for the 15th time in the past couple months, Gold tested the $1,600 per ounce support level. After reaching $1,590 per ounce we saw heavy demand come into the Gold market and the price quickly rallied back above $1,600 per ounce, closing at $1,601.40. Today, the price of Gold reached $1,607 in the U.S. market, before seeing some...(Read More)
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