Barry Stuppler
-
Daily Market Report 3/16/17
GOLD Yesterday, during Chairman Yellen’s press conference, it was made clear that the four rate hikes the market was concerned about weren’t for sure. After this news the U.S. Dollar weakened, treasury bonds dropped, and Gold & Silver rallied. Gold quickly moved over $1,215 per ounce and kept going in after-market trading and Asian markets. At 11am PST today, Gold...(Read More) -
Chinese Gold Holdings Estimated at a Whopping 19,500 metric tons
(Read More)The world is full of golden rules. There is one for every field: ethics, communication, fashion. But there is only one that counts, the golden rule of money: “Who has the gold makes the rules" . . . .
-
Gold price holds above $1,200 as political risks ramp up
(Read More)Brexit could be triggered as soon as tomorrow, while the Dutch go to the polls on Wednesday . . . .
-
Daily Market Report 3/15/17
GOLD In over-night trading Gold was treading water, awaiting today’s announcement from the Federal Reserve on interest rates. It’s 11am and the Federal Reserve just confirmed it was raising interesting rates by ¼%, to between ¾% to 1%. Initially, Gold rallied $10 and is now awaiting the Yellen press conference. At 11am PST today, Gold is trading at $1,210 per...(Read More) -
Daily Market Report 3/14/17
GOLD Gold is trading in a tight $7 high/low range, awaiting the official announcement from the Federal Reserve regarding higher interest rates. Thus far, today’s high has been $1,207 and the low $1,200 per ounce, continuing to be above the key $1,200 support level. At 11am PST today, Gold is down $1, trading at $1,203 per ounce. SILVER This morning...(Read More) -
Daily Market Report 3/13/17
GOLD This morning Gold reached a high of $1,211 in Asian trading. Gold has stayed above the key $1,200 support level today, which is a good indicator that the recent bear trend is over. At 11am PST today, Gold is trading at $1,204 per ounce, up $1 on excellent volume. SILVER This morning, Silver has trade between $16.93 and $17.17...(Read More) -
Daily Market Report 3/10/17
GOLD During the past 24 hours, Gold has traded above and below the key $1,200 per ounce level. There was active Gold trading in Asian, Middle Eastern, and European markets as bargain buyers appeared. At 11am PST today, Gold is trading at $1,203 per ounce, down $2 on excellent volume for a Friday. SILVER Silver hit a low of $16.83...(Read More) -
Daily Market Report 3/9/17
GOLD This morning Gold hit a low of $1,201.40 and quickly bounced back $5 on heavy buying. Gold has now declined for eight straight days from $1,253 level. Gold is now showing increasing physical, futures and equity demand at the key $1,200 per ounce support level. If Gold can hold this level for the next couple of trading days, I...(Read More) -
The Path to $10,000 Gold
(Read More)I’m very impressed with the recent gold action because it’s holding its own in the face of an impending rate hike. It’s fallen off a bit, but not dramatically. It tells you there are good fundamentals behind it, independent of the threat of a stronger dollar . . . .
-
Daily Market Report 3/8/17
GOLD Gold breaking below the 100-day moving average of $1,218 per ounce this morning causes me to think the price could test the $1,200 support level. I believe $1,200 level will hold, and any test of that level will be very brief and probably happen in Asian or European markets. With all of Gold’s bullish long-term fundamentals looking better and...(Read More)





