Barry Stuppler
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Daily Market Report 01/04/12
GOLD Gold rose by nearly 2 percent on Tuesday, fueled by a recovery in the euro against the dollar. Adding to the demand for gold are mounting tensions between Iran and the United States over a possible disruption to oil supply, which boosted crude oil futures, and reports that Iran produced its first nuclear fuel rod. European and U.S. precious...(Read More) -
Foolish To Give Up On Gold Now
(Read More)From our point of view, there was nothing wrong with 2011. It did pretty much what it was supposed to do. We are in a Great Correction. The year just ended felt like a Great Correction is supposed to feel. High unemployment. Falling high prices. Financial crises. Stock prices losing ground. What more do you want?
On that last item, The Financial Times adds ....
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Daily Market Report 01/03/12
GOLD It’s 2012, and the precious metal professionals, commission houses and floor traders are back and they know a bargain when they see it. Gold, Silver, Platinum and Palladium are all higher on excellent volume. Gold is up $35.84 per ounce from last Friday, and at 11am PDT, trading at $1,602.34 on heavy volume. Gold imports to India, the world’s...(Read More) -
Weekly Market Report 01/03/12
GOLD It’s 2012, and the precious metal professionals, commission houses, and floor traders are back, and they know a bargain when they see it. Gold, Silver, Platinum and Palladium are all higher on excellent volume. The week between Christmas and New Years is traditionally a light volume week for commodities, equities, energy, and foreign exchange trading. Many of the floor...(Read More)
Weekly Market Report 12/27/11
GOLD After trading as low as $1562 per ounce the week ending Dec. 16th, gold rallied last week, staying above the $1,600 psychological support level most of the week. Gold closed at $1,606.50 per ounce on Friday, Dec. 23rd, up $8.60 for the week. Last week, Gold traded in a very narrow range while the following positive U.S. economic news...
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