Barry Stuppler

I think last Friday was a turning point in the downward trend that we have seen in the Gold and Silver price. Our President raised aluminum/steel tariffs on Turkey, which caused a Turkish currency crisis . . . .

Exciting day… Our President raised aluminum/steel tariffs on Turkey, which caused a Turkish currency crisis. The U.S. Dollar index soared above 96 this morning (14-month high) then Gold, currency, and equity markets sold off . . . .

Twice in the past the price of silver has risen in a short period to $50. It happened in 1980 during the Hunt brother’s manipulation and again three decades later in April 2011, when the price rose to nearly $50 . . . .

As the Trade War continues to dominate the news, the U.S. Dollar continues to make new highs, with the Index at a new 2 year high of 95.50 . . . .

While increasing trade war tariffs and the strength of the U.S. Dollar dominate the news, Gold continues to stay at a ridiculously low price . . . .

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 . . . .