Barry Stuppler

The long term solution lies in increasing the economic growth so that the Current Account Deficit changes to Current Account Surplus. This is a tough call, under prevailing environment . . . .

While the international gold market is facing a slowdown, with the global demand for the precious metal waning, gold is becoming remarkably popular in Germany . . . .

The past 6 years haven’t exactly been the easiest of times for silver investors. For those who were astute enough to notice the explosion in the the money supply following the housing crisis, buying precious metals seemed like a great investment. Yet prices have declined from a peak of $49 in 2011 to as low as $15 . . . .

There are hopes that platinum could once again be used to make autocatalytic converters for petrol-powered engines, creating fresh demand for the metal amid a deepening supply deficit . . . .

For most of today’s Asian trading, Gold stayed above the key $1,280 per ounce level . . . .

After reaching a low of $1,276 per ounce, Gold has rallied back above the key $1,280 level . . . .

Gold suffered from short-term profit taking after last week’s $22 rally . . . .

Finally, my year-end precious metal rally started last Friday. After over a month of the Gold price consolidating, with very low volatility while trading between $1,260 to $1,300 per ounce, I believe Gold is ready to move higher . . . .

Russia’s Far East Development Fund and China’s state-owned gold mining company, China National Gold Group, are to sign an accord by the end of this year on setting up a joint US$1 billion investment fund targeting new projects in the metals and mining sector . . . .

A slightly weaker U.S. Dollar based on reports of a stronger equity market in Europe and Gold is finally on the move . . . .