Barry Stuppler

The lower Dollar and interest rates caused a buying surge in the precious metal European and U.S. markets . . . . Barry Stuppler

The U.S. Dollar Index and 10-Year U.S. Treasury bills continue to increase, which puts pressure on precious metals . . . . Barry Stuppler

Last week was ugly for Gold investors, with the price dropping to a 2-year low of $1,660.40 per ounce on Thursday . . . . Barry Stuppler

As European markets were closing today and U.S. Markets were opening the British currencies. . . . Barry Stuppler

The U.S. Dollar Index continues to rise (112.84) and central banks around the globe are raising interest rates . . . . Barry Stuppler

After yesterday’s Fed announcement of a ¾% increase in the Fed Funds rate, Gold rallied to a high of . . . . Barry Stuppler

The Federal Reserve increased the Fed Funds rate by ¾% today, which was expected. . . . Barry Stuppler

Even with the recent weakness in the Gold and other financial markets, Silver continues to hold above $19 per ounce . . . . Barry Stuppler

Last Tuesday, the August Consumer Price Index (CPI) came in at an annual increase of 8.3%. This was higher than had been expected and many financial markets sold-off immediately . . . . Barry Stuppler

The Gold price sold-off during Asian trading again, dropping $14 to a low of $1,659 per ounce. . . . Barry Stuppler