Barry Stuppler

  1. 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...
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  2. 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...
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  3. Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market

    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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  4. 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...
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  5. Trump meeting with banker who wants to return to a Gold Standard<br />Mint State Gold - Weekly Market Report 12/5/16

    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  . . . .

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  6. Daily Market Report 12/05/16

    GOLD Gold sold off this morning, reaching a low of $1,157 per ounce. Bargain buyers continue to get aggressive every time Gold hits a new 9 month low. This is a classic Bull/Bear war in the Gold market around the globe. Historically, based on today’s basic fundamentals (shown in last week’s WMR), Gold always wins. At 11am PDT today, Gold...
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  7. Daily Market Report 12/02/16

    GOLD Today, it was announced that the U.S. economy added 178,000 jobs in November. The unemployment rate fell to 4.6% from 4.9% the previous month. This news is normal for precious metals, but both Gold and Silver moved higher. At 11am PDT today, Gold is up $3, trading at $1,175 on average volume. SILVER Silver continues to find excellent price...
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  8. Daily Market Report 12/01/16

    GOLD The Gold price remains on the defensive, looking for a turn-a-round. My indicators are showing that turn-a-round is coming very soon. Those indicators include precious metal equities, open interest in the futures market, trading volume and the option trading on Gold stocks especially ETF’s. At 11am PDT today, Gold is trading at $1,172 per ounce, down $4 on heavy...
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  9. Daily Market Report 11/30/16

    GOLD With the U.S. Dollar continuing to make new highs, and the stock market’s rally, the Gold price sold off again today. Gold hit its recent $1.171 per ounce support level before rallying. Stay optimistic, there is great news on the horizon; please read the following two articles: Trump meeting with ex-bank CEO who wants to abolish the Federal Reserve...
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  10. Gold back on the Fed grindstone

    Gold followers will hardly be unaware that every time a Fed Open Market Committee Meeting draws near the gold price moves, often quite sharply, on the will she, won’t she prospect of Janet Yellen announcing that at long last the Fed will start to raise interest rates again . . . .

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