Barry Stuppler
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Daily Market Report 9/15/16
GOLD Most traders in the world’s Gold trading pits are on hold awaiting next week’s Federal Reserve statement on the direction of short term interest rates. Gold did reach a low of $1,309.70 per ounce in early Asian trading. At 11am PDT today, Gold is trading at $1,317.50 per ounce, down $4.50 on average volume. SILVER Silver continues to trade...(Read More) -
Gold would Perform well under Trump Presidency
(Read More)Gold would do well under a Trump presidency because the metal likes confusion, said market commentator Dennis Gartman . . . .
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Gold Prices Poised for a Break Higher?
(Read More)Gold prices found support yesterday near levels we highlighted on Friday . . . .
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Daily Market Report 9/14/16
GOLD Gold appears to be stabilizing in a tight trading range of $1,316 to $1,326 per ounce. The market is waiting for next week’s Federal Reserve announcement on interest rates. At 11am PDT today, Gold is trading at $1,322 per ounce, up $1 on average volume. SILVER Again, Silver has had far more volatility than Gold in today’s trading. Silver...(Read More) -
Daily Market Report 9/13/16
GOLD Another up/down trading day in precious metals and equities based on Federal Reserve statements about changing interest rates. Gold rallied to $1,332.50 per ounce before the Fed statement and quickly moved down to $1,319.50. Gold found bargain buyers and remains in a tight trading range. At 11am PDT today, Gold is down $4, trading at $1,321 per ounce on...(Read More) -
Gold Still a Good Hedge When Volatility Rises
(Read More)With U.S. stocks still flirting with their all-time highs and volatility scraping along close to a multi-year low, investors are less inclined to worry about hedging risks and downside protection . . . .
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Weekly Market Report 9/12/16
(Read More)Gold/Silver building a firm base ahead of their next move higher
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Daily Market Report 9/12/16
GOLD This morning Gold opened lower while trading in a narrow $10 high/low range, between $1,320 and $1,330 per ounce. Physical demand for Gold investment products is growing in Asian, European, and U.S. markets. At 11am PDT today, Gold is trading at $1,325, down $7 on active volume. SILVER Silver reached a low this morning of $18.71 per ounce...(Read More) -
Daily Market Report 9/9/16
GOLD Gold and the DJIA both dropped today on concerns that some positive economic news will result in the Federal Reserve raising interest rates this month. At 11am PDT today, Gold is trading at $1,332 per ounce, down $5 on active volume. SILVER Silver followed Gold lower this morning, reaching a low of $19.22 before finding excellent demand. At 11am...(Read More) -
Daily Market Report 9/8/16
GOLD The Gold price is showing short term profit taking after the recent $40 rally. Gold traded between $1,335 and $1,350 per ounce today on excellent volume. At 11am PDT today, Gold is trading at $1,337, down $8 per ounce on excellent volume. SILVER Silver has found a good trading range from $19.50 on the low end to a resistance...(Read More)
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