Barry Stuppler

Yesterday, after Elon Musk of Tesla Inc. bought $1.5 billion of Bitcoin, he clearly stated that Tesla’s revised policies also permit it to invest in Gold

Gold took its first run at $1,850 in early morning Asian trading, reaching a high of $1,848 before seeing some light selling. . . .Barry Stuppler

Democrats in the house are quickly moving on President Biden’s $1.9 trillion COVID-19 stimulus legislation, with the hope of a floor vote. . . .Barry Stuppler

Last week was exciting in the world of precious metal trading. After seeing a weekly high of $1,875 on Monday. . . .Barry Stuppler

Today, it was reported that the U.S. unemployment rate dropped to 6.3% which caused the U.S. Dollar Index to fall. . . . .Barry Stuppler

A combination of a higher U.S. Dollar Index (over 91.50) and a spike up in the 10-Year Treasury rate has caused Gold. . . .Barry Stuppler

Gold has spent most of the day in a tight range between $1,830 and $1,840 per ounce. After yesterday, this would. . . .Barry Stuppler

Gold is definitely not the lead precious metal, as Silver sold off today, the Gold price reached a low of $1,829. . . .Barry Stuppler

Last Thursday, Federal Reserve Chairman Powell said that he welcomes any signs of increased inflation and that we are a long way. . . .Barry Stuppler

Gold rallied this morning, as Silver led the way. Gold reached a high of $1,871 before seeing selling. The frenzy in the Silver. . . .Barry Stuppler