Barry Stuppler

GOLD One of the primary indicators of the Federal Reserve Governors in determining the direction of interest rates is U.S. manufacturing. This morning, U.S. manufacturers reported activity in March that had slowed for the fifth consecutive month. The ISM’s manufacturing purchasing manager’s index fell from 52.9 in February, to 51.5 in March. The index has slowed every month since hitting...

GOLD Earlier this morning Gold tested the recent $1,180 support level and held, as Gold continues to trade in a narrow range. For most of today’s trading sessions Gold has stayed within the $1,180 to $1,190 per ounce level. At 11am PDT today, Gold is down $3 per ounce, trading at $1,183 per ounce on average volume. SILVER Silver continues...

Links to recent informative articles on precious metals and rare coins: It looks like Gold has bottomed BofA Analyst: Gold Going To $1,300 In May How The Gold Price Will Defy Skeptics and Stage a Huge Comeback   This Week’s Headlines: Gold Silver Baltimore’s Rare Coin Convention shows excellent demand Recommended Investment Commitment and Diversification   GOLD After reaching a...

GOLD A combination of a stronger U.S. Dollar and no escalation of hostiles in the Middle East caused Gold to open lower and stay there most of the trading day. I believe that Gold is consolidating its recent gains in the $1,180 to $1,220 per ounce price range. At 11am PDT today, Gold is trading at $1,186 per ounce, down...

GOLD Yesterday, Gold broke back above the key $1,200 per ounce support/resistance level on excellent trading volume. Over 245,000 CME April hundred-ounce Gold contracts were traded yesterday. This high trading volume is very bullish, and a sign of professional short covering and fresh buying. Gold has traded today between $1,192 and $1,206 per ounce trying to establish a new trading...

GOLD When Gold broke though the $1,200 per ounce resistance level this morning, it quickly rallied $20 per ounce. Gold reached the high of the day, $1,220, before seeing short term profit taking. For most of today’s trading session Gold has stayed between $1,200 and $1,210 per ounce. I would like to see Gold consolidate recent gains and trade in...

GOLD For most of today’s trading Gold has traded in a very narrow $3 high/low price range, from $1,196 to $1,199. Trading volume has been surprisingly above average, considering the narrow range. This consolidation is healthy, and when Gold breaks above the key $1,200 per ounce resistance level it should quickly move up $20 per ounce. Physical Gold demand has...

GOLD Gold tested a recent high of $1,196 per ounce during London trading today as it continues to close in on the important $1,200 level. Gold is holding in a very narrow $1,185 - $1,196 range today and looks good as it consolidates for its next run. At 11am PST today, Gold is trading at $1,194 per ounce, up $4...