Barry Stuppler
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A New Bull Market in Silver?
(Read More)Probably a lot of people look at the longer-term chart of silver and the first thing they see is the massive bull market that peaked in 2011, rising over 400% off the 2008 bottom and almost 10x off the early 2000’s bottom. It’s tempting when you see something like that to dream… “what if?” . . . .
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Daily Market Report 4/6/17
GOLD Gold has traded in a narrow $10 high/low range today, mostly above the key $1,250 per ounce support level. Gold is in a consolidation mode, firmly establishing the $1,250 per ounce level as a base. This is very good for the next leg higher, which I believe will test the $1,300 level by month’s end. At 11am PDT today...(Read More) -
Daily Market Report 4/5/17
GOLD A strong U.S. Dollar and an increase in the 10-year Bond price put Gold on the defensive from market’s open. Gold reached a low of $1,244 before bargain buyers appeared. It’s important that Gold close above $1,250 by Friday. At 11am PDT today, Gold is trading at $1,248 per ounce, down $9 on good volume. SILVER Today marks the...(Read More) -
Why Islamic Finance Is Set to Transform the International Gold Market
(Read More)After several years of rather unspectacular market activity, gold came roaring back in 2016. The year saw investment demand for the precious metal rise by 70 percent . . . .
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Daily Market Report 4/4/17
GOLD The Gold rally continues with Gold hitting a high of $1,261 before seeing some light profit taking. Demand remains strong on physical, futures, options and equities markets. Look for a move to the $1,265 level soon, on the way to the $1,300 area by the month’s end. At 11am PDT today, Gold is trading at $1,257 per ounce, up...(Read More) -
Gold & Silver Continue to Move Higher<br />Weekly Market Report 4/3/17
(Read More)Last week was a consolidation week for the Gold price and Gold closed between $1,248 to $1,255 per ounce on all . . . .
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Daily Market Report 4/3/17
GOLD This morning Gold is trading in a narrow range between $1,244 and $1,250 per ounce in Asian and European markets. I believe Gold will move back above the key $1,250 level during this week. At 11am PDT today, Gold is up $4, trading at $1,253 per ounce. SILVER Silver sold off this morning in Asian and European markets, reaching...(Read More) -
Daily Market Report 3/31/17
GOLD There was Asian selling in the Gold market overnight, driving the price down to $1,239 per ounce. When European and U.S. Gold markets opened, the Gold price started moving higher on good demand. At 11am PDT today, Gold is trading at $1,249 per ounce, up $3 on good volume. SILVER The Silver price continues to show excellent support over...(Read More) -
Daily Market Report 3/30/17
GOLD Gold has traded today above and below the $1,250 per ounce level, hitting a low of $1,244 and a high of $1,254. On a short-term basis, it’s important that Gold stay above $1,250 for four or five trading days to continue the bullish direction. At 11am PDT today, Gold is trading at $1,246 per ounce, down $7.50 on good...(Read More) -
Daily Market Report 3/29/17
GOLD Gold tested its important $1,250 per ounce support level, reaching a low of $1,247 this morning. Gold continues to consolidate in a narrow $7 trading range. At 11am PDT today, Gold is trading at $1,254 per ounce, down $1 on normal volume. SILVER Like Gold, Silver tested its support level of $18 per ounce this morning, hitting a low...(Read More)
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