Barry Stuppler
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The Word of the Week: Inflation
(Read More)Stocks have erupted higher in the last month based on the belief that the economy is roaring once again. However, this is all about sentiment, not reality . . . .
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Daily Market Report 3/7/17
GOLD This morning it was announced that the January 2017 U.S. trade deficit jumped to a five-year high on imports. This announcement is long term bullish for precious metals, as it weakens the value of the U.S. Dollar. Right now, however, we are ending a short-term correction. At 11am PST today, Gold is trading at $1,218 per ounce, down $10...(Read More) -
China’s Pain Could Be Gold Investors’ Gain
(Read More)In 1978, one year after taking control of impoverished China, Deng Xiaoping declared “to get rich is glorious.” Since Deng’s declaration, China’s per-capita GDP has grown by over 5,000% . . . .
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Global debt is spiraling out of control
(Read More)Reducing debt through debt forgiveness, defaults or inflation is not without consequences. Savings designed to finance future needs, such as retirement, are lost. This in turn results in additional claims on the state to cover the shortfall or reduce future expenditure, which crimps economic activity . . . .
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Daily Market Report 3/6/17
GOLD This morning Gold has traded between $1,225 and $1,237 per ounce, showing excellent support while building a base above Friday’s close. At 11am PST today, Gold is trading at $1,228 per ounce, up $2 on heavy volume. SILVER Today we saw Silver try to move above the $18 per ounce resistance level, reaching a high of $17.97 in early...(Read More) -
Is the Euro Going to Send Gold to the Moon?
(Read More)The biggest trade in the world is staring everyone in the face . . . .
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Rate Hikes ‘Meaningless;’ Gold Has Already Bottomed - Lassonde
(Read More)Mining magnate and chairman of Franco-Nevada Pierre Lassonde is confident in the mining sector for 2017, noting that gold prices bottomed over a year ago and should only move higher . . . .
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Daily Market Report 3/3/17
GOLD Fed Chairwoman Janet Yellen gave a clear indication that interest rates would likely increase this month. This, and equity markets around the world increasing, caused Gold to hit $1,223 per ounce. The price of Gold is trading above the key 100-day moving average of $1,218 per ounce, and above the $1,220 area, where Wall Street traders last purchased a...(Read More) -
Trumps Bullying Style Will Be Good for Gold - Murenbeeld
(Read More)Ahead of President Donald Trump’s major address before the joint sessions of Congress, one gold analyst said that Trump bullying and threatening style of government will be good for gold in the long run . . . .
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Daily Market Report 3/2/17
GOLD Gold broke below the $1,250 per ounce support level this morning based on three contributing factors: The U.S. Dollar strengthened to a 2017 high versus the Euro and other currency It’s highly likely that the Federal Reserve will raise interest rates this month A major seller in the Silver market, causing it to break $18, helped Gold’s decline At...(Read More)





