Barry Stuppler
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Gold Up 9% YTD - 4th Higher Weekly Close and Breaks Resistance At $1,250/oz
(Read More)Gold pushed to near a four-month high amid heightened political uncertainty in the U.S. and the EU this morning . . . .
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Daily Market Report 2/23/17
GOLD Gold broke above the key $1,250 per ounce resistance level today for the first time this year, reaching a high of $1,251.20 this morning before seeing some light short-term profit taking. At 11am PST today, Gold is trading at $1,248, up $13 per ounce on excellent volume. SILVER Silver rallied with Gold, reaching a high of $18.25 in early...(Read More) -
Daily Market Report 2/22/17
GOLD Gold continues to consolidate its recent gain today, trading between $1,230 and $1,240 per ounce. I would like to see Gold move above the $1,240 level by month end to confirm the bullish trend. At 11am PST today, Gold is trading at $1,235 per ounce, down $2 on average volume. SILVER Silver has shown excellent support every time it...(Read More) -
Yellen Cant Halt Trump Gold Rally That Funds Bet Against
(Read More)Gold bulls are acting as if they can’t believe a good thing when they see it . . . .
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Daily Market Report 2/21/17
GOLD Gold has traded in a narrow range during the long holiday weekend, staying in the $1,230 to $1,240 price area. We are seeing excellent price consolidation as Gold builds a base for the next move higher. At 11am PST today, Gold is trading at $1,237 per ounce, down $2 on active volume. SILVER Silver has traded above and below...(Read More) -
Daily Market Report 2/17/17
GOLD After another up week, Gold is settling into a nice tight trading range between $1,236 and $1,244 per ounce today. Gold continues to move higher this year at an excellent gradual pace. At 11am PST today, Gold is trading at $1,238 per ounce, down $2 on average volume. SILVER After a brief correction to $17.95 per ounce, Silver has...(Read More) -
Daily Market Report 2/16/17
GOLD Gold is back on its bullish track today, having reached a high of $1,242 before seeing some light short-term profit taking. The U.S. Dollar weakened and the Gold price quickly moved up to $1,242 from this week’s low of of $1,217 per ounce. At 11am PST today, Gold is trading at $1,240 per ounce, up $9 on excellent volume...(Read More) -
Daily Market Report 2/15/17
GOLD As the U.S. Dollar continued to rally versus other world currencies, the Gold price dropped to $1,217 in early trading. At that price bargain buyers appeared and the Gold quickly rallied $10 per ounce. At 11am PST today, Gold is trading at $1,231 per ounce, up $8 on excellent volume. SILVER Silver has traded today within a 1% range...(Read More) -
Money managers no longer hate gold, saying it’s undervalued
(Read More)The last two times in 10 years that money managers thought gold was cheap, the yellow metal subsequently jumped in price . . . .
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Jim Rogers Buying Gold Bullion on Dips
(Read More)In a wide ranging interview with MacroVoices’ Erik Townsend, legendary investor Jim Rogers, co-founder of Quantum Fund with fellow investor George Soros, has said that he wants to own more gold and silver and will continue to accumulate on any price dips . . . .
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