Barry Stuppler

Gold broke down below the $1,320 level in early Asian trading, reaching a low of $1,313 before seeing strong buying . . . .

Gold remains on the defensive as the U.S. Dollar index hit a 3 1/2 month high today, and the 10-year U.S. Treasury rate moved above 3%, the highest rate in 4 years . . . .

Led by China, the global gold market has moved from the West to the East, the CEO of the World Gold Council, Aram Shishmanian, told an industry forum on April 19 . . . .

Even with Wednesday’s silver rally, the precious metal is still significantly undervalued, said Goldmoney. But, all of that is about to change, with a more than 30% jump in prices coming our way . . . .

A few massive Gold orders (maybe a central bank) hit the Asian markets this morning, causing Gold to rally $7 per ounce . . . .

After hitting a high of $1,358 per ounce last Wednesday, Gold closed the week at $1,337 per ounce. Gold was down $10.60 for the week, but still up $32 for the year . . . .

It’s been tough going for many silver bullion investors who look back fondly on silver’s surge to nearly $50/oz in 2011 . . . .

Gold opened lower, reaching an early morning low of $1,322 per ounce based on raising interest rates . . . .

Yesterday’s surge in silver prices finally sprung the shiny white metal free from the congestion it was caught in for the past couple of months and suddenly brings to light the prospects of an important long-term breakout . . . .

Gold couldn’t move back above the key $1,350 level this morning and sellers jumped in, taking the price down to the low of the day . . . .