Barry Stuppler
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Daily Market Report 2/10/17
GOLD In early morning Asian trading, the U.S. Dollar rallied and Gold/Silver sold off. Gold reached a low of $1,221 per ounce, at which point it quickly rallied $10 in the face of a strong U.S. Dollar. At 11am PST today, Gold is trading at $1,233 per ounce, down $2 on average volume. SILVER Silver was briefly brought above the...(Read More) -
Daily Market Report 2/9/17
GOLD Today Gold has been trading between $1,230 and $1,244 per ounce, showing excellent support. Gold is also showing good consolidation today, as it builds a higher base for a move to $1,250 this month. At 11am PST today, Gold is trading at $1,235 per ounce, down $4 on good volume. SILVER Silver hit support this morning at $17.60 per...(Read More) -
Daily Market Report 2/8/17
GOLD The Gold rally continues, moving to $1,244 per ounce this morning and heading to the next resistance level of $1,250 very soon. What is interesting about the current rally is that it it happening in the face of a strong U.S. Dollar, which is normally a negative factor. At 11am PST today, Gold is trading at $1,239 per ounce...(Read More) -
Druckenmiller Bought Gold After Reversing November Stance
(Read More)Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, said he bought gold in late December and January, reversing the sale he made after the U.S. presidential election . . . .
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Daily Market Report 2/7/17
GOLD After yesterday’s $11 rally, Gold is consolidating this morning in a narrow $8 high/low range. It’s very healthy for Gold to trade in the current range while it builds a base for the first attempt at the $1,250 per ounce resistance level. At 11am PST today, Gold is trading at $1,234 per ounce, up $3 on excellent volume. SILVER...(Read More) -
Gold/Silver 2017 Rally back on track – 15 Bullish Gold Fundamentals<br />Weekly Market Report 2/6/17
(Read More)Gold got back on track last week,reaching a new 2017 high of $1,227 last Thursday, and continues to show excellent price support on high CME trading volume . . . .
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Daily Market Report 2/6/17
GOLD Gold opened higher this morning, reaching a new 2017 high of $1,232.40 per ounce, with active trading. Today, we saw this year’s first test of the $1,230 resistance level, and I believe we will see $1,250 before the end of the month. At 11am PST today, Gold is up $13 per ounce, trading at $1,231 on excellent volume. SILVER...(Read More) -
Daily Market Report 2/3/17
GOLD I continue to be impressed by the price activity in the Gold market. Every time the Gold price has a brief sell-off and reaches support, strong buying appears and the market rallies back. In late trading yesterday, Gold reached a 2017 high of $1,224 per ounce, and is trading in an narrow range today. At 11am PST today, Gold...(Read More) -
Buy Gold Because of Uncertainty not Doomsday
(Read More)It is two and a half minutes to midnight, the Clock is ticking, global danger looms. Wise public officials should act immediately, guiding humanity away from the brink. If they do not, wise citizens must step forward and lead the way . . . .
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Daily Market Report 2/2/17
GOLD Late yesterday the U.S. Federal Reserve gave a report with no clear signal for the direction of interest rates in the near future. This report caused the U.S. Dollar to reach a 12-week low and Gold to rally in Asian, Middle Eastern and European markets, reaching $1,225 per ounce. Gold is now trading at a new 2017 high. At...(Read More)
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