Barry Stuppler
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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 . . . .
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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 . . . .
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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) -
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)





