Barry Stuppler

GOLD Short term profit taking took the Gold price down to $1,175 this morning. At that point fresh buyers appeared and the market rallied $6, back above the $1,180 level. However, we have had a great week: up $23 for the week and up $65 for the month, plus Gold has broken above two resistance levels. I think we will...

GOLD Gold has moved higher seven of the last eight trading days, from $1,113 to $1,191 per ounce. Today, the breakout continues with Gold reaching a high of $1,191.80 per ounce on its way to test the long term $1,200 resistance level. What is driving the Gold price higher is short covering and fresh buying. A firm move above $1,200...

GOLD $1,200 per ounce here we come. Yesterday’s rally above the $1,166 to $1,175 is causing a sizeable amount of professional short covering that could easily send the price up to $1,200 very soon. Today, Gold moved above $1,180, well above the 200 Day Moving Average of $1,176 per ounce. At 11am PDT today, Gold is up $16.50, trading at...

Links to recent informative articles on precious metals and rare coins: Chinese Gold market: Lost in Translation US overtaken by India as world’s largest importer of Silver China making attempt to become Gold trading center of the world Major mints limit Silver sales, incredible physical demand   This Week’s Headlines: Gold Silver Silver .999 Buffalo & Assay Office 1oz Trade...

GOLD This morning Gold tested the $1,150 support level, reaching $1,151.80 per ounce, then rallied. This morning’s rally took Gold above the $1,166 resistance level, reaching a high of $1,167.50. A firm break above $1,166 on good volume could allow Gold to reach the important $1,200 per ounce long term resistance level. At 11am PDT today, Gold is up $8...

GOLD Gold moved higher this morning (reaching a three-week high) after minutes from the Federal Reserve’s last policy meeting showed that the Fed was in no hurry to raise interest rates. Gold moved back above the key $1,150 resistance level this morning on excellent volume. I really like the recent price activity of spot Gold trading on the exchanges. The...

GOLD After moving above the key $1,150 per ounce resistance level yesterday, this morning Gold showed some short term profit taking. Gold moved to a low of $1,136 in early Asian trading before serious buyers appeared. At 11am PDT today, Gold is trading at $1,148 per ounce, down $1 on average volume.   SILVER This morning there was serious selling...

GOLD Gold has broken above the key $1,150 resistance level six times since August 1, but hasn’t been able to hold. I believe Gold will break through the $1,150 per ounce barrier very soon. This is an important short term resistance area for Gold in order to move to the $1,200 long term resistance level. At 11am PDT today, Gold...

GOLD Gold demand remains strong as the price moved higher this morning. Gold briefly rose above the $1,150 resistance level, reaching $1,151.40 per ounce before seeing some short term profit taking. At 11am PDT today, Gold is trading at $1,147 per ounce, up $10 on excellent volume.   SILVER Silver’s rally continues, with Silver increasing $1.45 per ounce in just...

Links to recent informative articles on precious metals and rare coins: Donald Trump Loves Gold Chinese And Russian Central Bank Continue To Add Gold To Official Reserves: 16 & 31 Tonnes In August Mints struggle to keep up with silver coin demand   This Week’s Headlines: Gold Silver Mints struggle to keep up with Silver coin demand Platinum Recommended Investment...