Barry Stuppler
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India preparing comprehensive gold policy
(Read More)This is the first time the government has taken such an initiative. It is to include the stated policy, setting up of gem and jewelry parks and regulations for testing and certifying agencies, to primarily address issues of the diamond industry . . . .
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China Can and Will Confiscate Gold From SGE, Banks & Chinese Citizens, When It Suits Them
(Read More)By far the greater bulk of gold owned in China is under the control of the Shanghai Gold Exchange, which is controlled by the Chinese Central Bank, i.e. The People’s Bank of China. Should they wish to confiscate their citizen’s and institution’s gold, it can be done overnight . . . .
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Daily Market Report 8/31/16
GOLD It appears that Gold is working its way down to the $1,300 per ounce major support level. Light trading volume (ahead of a holiday weekend) combined with a stronger U.S. dollar has resulted in a slow decline in the Gold price. At 11am PDT today, Gold is trading at $1,308 per ounce, down $5 on average volume. SILVER Silver...(Read More) -
Why Gold Could Be Worth $1,700/oz: Deutsche
(Read More)Gold dropped for a seventh day this morning, heading for the longest run of declines since May, trading at $1,319 an ounce . . . .
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Daily Market Report 8/30/16
GOLD A stronger U.S. Dollar and improving U.S. economic news drove the Gold price down this morning. As we approach the Labor Day holiday weekend, the trading volume is weakening. At 11am PDT today, Gold is trading at $1,313 per ounce, down $10 on light volume. SILVER Silver tried to break above the $19 per ounce resistance level this morning...(Read More) -
Weekly Market Report 8/29/16
(Read More)Gold and Silver trading at great price support level . . . .
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Daily Market Report 8/29/16
GOLD With Labor Day just a week away, market activity is relatively good today; trading volumes are normal and Gold has been on a slow and steady incline. Gold reached a low of $1,315 per ounce this morning. The Gold price then rallied back to its recent trading range in European markets as demand picked up. At 11am today, Gold...(Read More) -
Daily Market Report 8/26/16
GOLD Gold continues to trade in the $1,320 to $1,340 per ounce price range. This morning in overseas trading, the bulls and bears are still trying to take control of the short term price direction. At 11am PDT today, Gold is unchanged, trading at $1,322 per ounce on light volume. SILVER This morning Silver briefly moved above the key $19...(Read More) -
Daily Market Report 8/25/16
GOLD With improving U.S. economic news and statements by Federal Reserve Governors, the Gold/Silver prices were down in early trading. The concern is that the Fed would be raising interest rates sometime this year. Gold reached a low of $1,316.50 this morning before seeing sizeable buying. At 11am PDT today, Gold is trading at $1,322 per ounce, down $4.50 on...(Read More) -
Golds paved the way so now could be silvers turn
(Read More)Precious metal investors who have ridden the gold bull rally might want to switch some exposure to silver judging by an indicative valuation metric . . . .





