Barry Stuppler
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Daily Market Report 12/14/16
GOLD The markets wait in anticipation for the Fed report to be released at 11am PST. Gold regained its losses yesterday and is back up, but on very light volume. At 11am PST today, Gold is trading at $1162 per ounce, up $4 on low volume. SILVER We are back over the $17 level again as we continue to test...(Read More) -
Central Bank Gold Demand Could Accelerate on Growing Federal Debt
(Read More)Inflation can be understood as the destruction of a currency’s purchasing power. To combat this, investors, central banks and families have historically stored a portion of their wealth in gold. I call this the Fear Trade . . . .
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Daily Market Report 12/13/16
GOLD Another relatively quiet morning as Gold is slightly down on this day before the Fed releases an update about a possible rate hike. According to the market, the feeling is that the Fed should consider raising rates slightly. Typically with rate hikes we have seen in the past, Gold initially declines, but then goes higher in the long run...(Read More) -
Daily Market Report 12/12/16
GOLD It appears that today Gold hit a low in the beginning of London Trading with an opening low of $1151.10. However, throughout London’s trading as well as morning activity in the US Markets, Gold has slowly returned back over the $1160 level with some above average buying. This is good to see after the latest US Treasury 10-year note...(Read More) -
Daily Market Report 12/09/16
GOLD Today Gold is down slightly, but staying in a narrow range especially the last few days. Gold hit a low of $1,157.60 this morning during New York trading, but is now working its way back up. This appears to be traders closing out their positions for the week. At 11am Gold is at $1,161 down $10 on above average...(Read More) -
Daily Market Report 12/08/16
GOLD It appears that Gold is in a holding pattern right now as the Day Traders watch it trading in a narrow $7 range. The activity levels appear to be normal and I’m watching for the next spark that will bring in more action. This is a very interesting market to watch as we continue to wait for the Federal...(Read More) -
Daily Market Report 12/07/16
GOLD It appears today is a relatively calm day as the market takes advantage of a slight gain in Gold as it trades in a narrow $10 range. Things should get much more interesting as we approach next week’s Federal Reserve meeting. Everyone is curious as to what the Fed will do in their first meeting since the Presidential election...(Read More) -
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market
(Read More)The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain . . . .
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Daily Market Report 12/06/16
GOLD It was announced this morning that the U.S. trade deficit jumped almost 18% ($42.6 billion) in October as imports rose to the highest level in 14 months. Which is interesting to hear as the dollar rose slightly today. Today is an exciting day as Gold becomes an acceptable investment in Islamic finance for 1.5 billion Muslims. The Accounting and...(Read More) -
Trump meeting with banker who wants to return to a Gold Standard<br />Mint State Gold - Weekly Market Report 12/5/16
(Read More)Subsequent to Donald Trump’s election victory as the next U.S. President, the Dollar rallied sharply, interest rates moved higher, and financial, pharmaceutical, and energy stocks moved up. Why? Many market analysts felt that a Trump presidency, coupled with a Republican controlled Congress, would stimulate the economy . . . .





