Barry Stuppler

A lot of people dismiss gold and precious metals as irrelevant to the world monetary system. But how can money be irrelevant? . . . .

The U.S. Dollar is staying strong and the Gold price is staying weak . . . .

Chinese gold jewelry demand extended its recent recovery, gaining 5% to 144.9 tons during the second quarter of this year and Year to date gold jewelry demand reached a three-year high of 332.9 tons, according to the World Gold Council . . . .

On Tuesday just after midnight U.S. Eastern time, the Trump administration is set to bring back a first wave of restrictions that had been waived under the Iran nuclear deal, an Obama-era agreement that gave Iran sanctions relief in exchange for curbs on its nuclear program . . . .

Gold closed at $1,214 last Friday, down $9 per ounce for the week . . . .

Gold opened higher in Asian markets, reaching a high of $1,218, then sellers came in, driving down the price . . . .

This morning there was sizeable bargain buying in the Asian markets, with Gold rallying to a high of $1,220 per ounce . . . .

Continued concerns over a trade war with China are driving the value of the U.S. Dollar higher . . . .

The Ponderosa Collection, the PCGS Set Registry® number one finest-of-all-time set of circulation strike Carson City Morgan dollars, 1878-1893, has been acquired intact by Woodland Hills, California dealer Barry Stuppler . . . .

Gold opened near the highs of the day at $1,225 and sold off, reaching a low of $1,216 before finding bargain buyers . . . .