Barry Stuppler
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Strongest Gold “Buy” Signal In 16 Years
(Read More)Debt issued behaves like printed money until that debt is payed back. That’s the dirty little secret that bona fide economists don’t discuss, at least in public . . . .
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Daily Market Report 12/23/16
GOLD Gold has moved up slightly this morning on news of banking problems in the European common market. During the next three days, there will be limited trading in the precious metal markets around the globe. At 11am PST today, Gold is trading at $1,132 per ounce, up $3 on low volume. SILVER After not holding above the key $16.00...(Read More) -
Daily Market Report 12/22/16
GOLD Disappointingly, Gold continues to trade in a tight trading range between $1,128 and $1,134 per ounce. Based on the strength of the U.S. Dollar, and precious metal trading it is likely we will see another test of the recent lows before year end. At 11am PDT today, Gold is trading at $1,129 per ounce, down $4 per ounce on...(Read More) -
India Said to Consider Lowering Gold Import Tax to 6% From 10%
(Read More)Tax raised three times in 2013 to curb higher imports. . . .
Demand seen shrinking in 2016 to the least in 7 years. . . . -
Daily Market Report 12/21/16
GOLD The strength of the U.S. Dollar along with increasing interest rates continue to keep Gold on the defensive. Gold is likely to stay defensive as we approach the end of the year and see year-end tax selling. $1,100 per ounce is a major support/buying level for Gold if we see any year-end sell off. Gold is trading in a...(Read More) -
Daily Market Report 12/20/16
GOLD We are seeing Gold continue to develop a base after the Fed’s meeting last week. After correcting to $1,126 per ounce this morning, the price quickly rose over the $1,130 level. This shows that the margin traders are clearing out at this level, which is good to see as the U.S. Dollar is slightly up in trading today as...(Read More) -
Daily Market Report 12/19/16
GOLD It is normal to see trading lighten as we enter the week before Christmas and the Wall Street professionals begin to take time off. For this reason, it is nice to see Gold up slightly today, though the activity is at a lower volume than normal. At 11am PST today, Gold is trading at $1,138, up $3 on lower...(Read More) -
Daily Market Report 12/16/16
GOLD The Dow is down today and losing some of its momentum towards reaching an all-time high of 20,000 in stock trading. The metals markets, however, are starting to regain some of the pull back from yesterday. This is typical of Friday markets, as traders need to cover their positions before the weekend begins. It wouldn’t surprise me if we...(Read More) -
Daily Market Report 12/15/16
GOLD It looks like the Fed announcement of a .25% rate increase has woken up the commodities market after a couple of days of slumber. Following the Fed announcement, the US Dollar is hitting a 14 year high and, as expected, metals have lowered. With Gold dipping below the $1,160 level, day traders had to cover their positions and sell...(Read More) -
Asia's Gold Investing Support Goes AWOL: China
(Read More)Can Western gold investing rely on China + India to put a floor under 2017 prices . . . .





