Barry Stuppler

This morning President Trump backtracked on the missile attack on Syria and Russia, and the U.S. Dollar rallied and precious metals declined . . . .

President Trump’s tweet warning Syria/Russia that missiles are on the way this morning caused Gold, Silver and oil to spike . . . .

Donald Trump’s trade policies are breathing new life into precious metals. Measures of 60-day historical volatility for gold and palladium futures climbed to the highest in about a year. Volatility in silver also increased . . . .

Physical gold demand in most Asian hubs was muted this week, weighed down by stronger prices, despite a slight pick-up in buying in India ahead of the wedding season and a key festival . . . .

Gold is trading today in a very narrow $10 high/low trading range, between $1,337 and $1,327 per ounce . . . .

Republican Congressman from West Virginia Alex Mooney has proposed a bill “to define the dollar as a fixed weight of gold.” The problem is that the US may not have enough physical gold to back the greenback, an expert tells RT . . . .

Last week, all global financial markets were influenced by announcements coming from the White House and China regarding upcoming trade tariffs . . . .

The U.S. trade deficit increased to a near 9-1/2-year high in February as both exports and imports rose to record highs, but the shortfall with China narrowed sharply . . . .

With the U.S. Dollar index moving back over 90 and the equity markets strong, Gold has been on the defensive since the opening of the commodities markets . . . .

During Asian trading this morning, the Chinese government announced they were imposing 106 new U.S. product tariffs . . . .