Barry Stuppler

Gold dropped $50 on reports that the International Energy Agency was coordinating a global release of oil reserves to temper the supply shock from the Iran war’s closure of the Strait of Hormuz, which has spurred energy prices this week and roiled markets worldwide... Barry Stuppler

Gold got back on the bullish track this morning, reaching a high of $5,239 before seeing some light selling during U.S. trading... Barry Stuppler

Gold rallied on Friday to the high of the week because of a weak U.S. jobs report. . . . Barry Stuppler

Oil prices climbed by around 30% this morning, fears of worsening inflation, which may necessitate keeping interest rates elevated... Barry Stuppler

In overnight trading, both in China and India, the Gold price moved over $5,100 on solid buying... Barry Stuppler

Today and last night, Gold traded between $5,053 and $5,195 as our Middle East war reports came in... Barry Stuppler

Today, a short-term strength in the U.S. Dollar has taken some of the luster from the recent Gold rally... Barry Stuppler

Over the weekend, the U.S. and Israel attacked Iran and we started a middle-eastern war... Barry Stuppler

This middle-east war will have a dramatic affect on all financial markets, plus precious metals and oil in the coming month. . . . Barry Stuppler

Gold moved over the key $5,200 resistance level this morning on a surprise jump in inflation... Barry Stuppler