Barry Stuppler
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What Do Americans Think About Gold?
(Read More)Precious metals have been relatively quiet this week. After posting its best weekly gain in two months, gold is trading slightly lower at about $1,650 per ounce. Meanwhile, silver is trading near $30.50 per ounce. Gold and silver are currently taking a pause, but have been in a bull market for more than a decade and apparently Americans are taking notice.
According to a recent Gallup poll . . . .
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Daily Market Report 05/02/12
GOLDGold has been weaker today based on a stronger U.S. Dollar. Gold traded between $1,645 and $1,661 per ounce for most of the day. At 11am PDT, Gold is down $9.10 per ounce holding at $1,653.60 per ounce. The Commerce Department reported today that orders for goods produced in U.S. factories dropped 1.5% in March, the biggest decline in three...(Read More) -
Daily Market Report 05/01/12
GOLDGold was range-bound from $1,656 to $1,672 today as commodity trading in a number of Asian precious metal markets, including China, Hong Kong, India, Malaysia, Philippines, Singapore, South Korea, Thailand, Taiwan and Vietnam, are closed for the May Day holiday. At 11am PDT, Gold was trading at $1,662.50, down $2.90 on light volume. Can 2 ½ Million Chinese be...(Read More) -
Weekly Market Report 04/30/12
This week’s Market Report provides you with an update on the precious metal markets and I discuss “Why I am confident that the price of gold is going to set new all-time highs this year.” GOLD Gold ended last week up $22 per ounce, closing Friday afternoon at $1,664.80 on heavy volume. I believe that last week the price of...(Read More) -
Daily Market Report 04/27/12
GOLDGold has rallied today based on a slower U.S. GDP growth for the first quarter and another sovereign government increasing its monetary stimulus. The Bank of Japan announced it will expand stimulus and will purchase 10 trillion yen ($125 billion U.S. Dollars) of government bonds. This means the total Japanese stimulus package is now 40 trillion yen ($500 billion U.S...(Read More) -
Daily Market Report 04/26/12
GOLDYesterday, after the FOMC policy statement and Federal Reserve Chairman Ben Bernanke’s economic forecast speech, the behavior of gold market trading was very impressive. The gold price is showing sizeable support in the $1,620’s and should resist any attempt of a $1,600 per ounce selloff. On Wednesday, the bears aggressively sold off gold after no mention of any future quantitative...(Read More) -
Countries prefer gold to paper
(Read More)Argentina added to its gold reserves for the first time in nearly six years in September last year as the price hit record highs, mirroring the trend among emerging-country central banks to diversify further from paper currencies such as the dollar.
Data from the International Monetary Fund (IMF) yesterday showed . . . .
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Daily Market Report 04/25/12
GOLDAll energy and precious metal markets initially declined on today’s FOMC announcement. Gold broke down below $1,625 per ounce before seeing heavy demand. At 11am PDT, Gold is trading at $1,634.60 per ounce, down $7.80 per ounce.Over the past several years, Fed monetary policy has been a major stimulus for gold prices. Given the mixed macroeconomic signals over the past...(Read More) -
Twelve countries increase their gold reserves in March - some significantly
(Read More)Latest IMF statistics released overnight show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years ....
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Daily Market Report 04/24/12
GOLDGold’s rally today was a result of positive news from the IMF and continues to trade in the $1,622 to $1,670 per range. $1,670 has shown to be a strong resistance level because it’s the 100 day moving average. At 11am PDT, Gold is up $10.20 per ounce, trading at $1,642.40 per ounce on normal volume. The two-day Federal Open...(Read More)
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Gold & Silver Testing Key Support Levels Again ByJune 1 2026
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Gold & Silver testing Key Support Levels Again ByJune 1 2026
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China’s Record Silver Stockpiling Triggers Supply Squeeze ByMay 29 2026
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Gold Moving Higher on Positive Iran News ByMay 29 2026