Barry Stuppler
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Daily Market Report 5/6/16
GOLD Gold rallied $20 this morning based on some bullish factors: Starting June 1, China’s customs and central bank will allow companies that have done frequent Gold transactions crossing the border to apply for a single permit that will allow up to 12 Gold shipments per year. This should increase Chinese Gold demand. In April, the U.S. economy added 160,000...(Read More) -
Investors – and Donald Trump – are loving gold. How long will the rush last?
(Read More)The gold price has soared alongside the fortunes of Donald Trump, a big fan of the precious metal. How long can the new gold rush last . . . .
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Daily Market Report 5/5/16
GOLD Today is the third day in a row that the Gold price is consolidating between $1,270 to $1290 per ounce. I believe Gold is building a firm base before breaking above the key $1,300 per ounce resistance level. At 11am PDT today, Gold is down $2, trading at $1,272 on good volume. SILVER Silver is finding heavy futures and...(Read More) -
Exceptional Growth in Key Sectors Leads to Record High Silver Demand in 2015
(Read More)The silver market saw record demand in 2015, with the jewelry, coin and bar, and photovoltaic sectors posting new highs, helping to boost total silver demand to 1.17 billion ounces last year . . . .
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Daily Market Report 5/4/16
GOLD Gold is continuing its price consolidation today, as the price trades in the $1,270 to $1,290 per ounce price range. I believe Gold is building a firm base before breaking above the key $1,300 per ounce resistance level later this month. At 11am PDT today, Gold is down $14, trading at $1,274 on good volume. SILVER The Silver...(Read More) -
Corporate defaults and Gold
(Read More)Corporate defaults hit the highest levels since 2009. What does it mean for the gold market?
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Daily Market Report 5/3/16
GOLD A 20-ton increase in Gold holdings at the ETF (GLD) depository, combined with a weaker U.S. Dollar, caused Gold to make its second attempt at breaking the $1,300 per ounce resistance barrier. Gold reached a high today of $1,302 before sellers drove the price down to major support of $1,282 per ounce. Remember, the third attempt to break a...(Read More) -
Weekly Market Report 5/2/16
(Read More)Silver at $18, Gold at $1,300 - Precious Metals are on fire . . . .
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Daily Market Report 5/2/16
GOLD Gold had its 2nd attempt at breaking above the important $1,300 per ounce level. In early European trading Gold reached a high of $1,304 based primarily on a weaker U.S. Dollar. Then, trading volume picked up and Gold sold off, moving back to $1,290 before finding sizeable buying. At 11am PDT today, Gold is trading at $1,292 per ounce...(Read More) -
Daily Market Report 4/29/16
GOLD Yesterday the Commerce Department announced that the U. S. economy expanded at the slowest pace in two years. This news clearly confirms that interest rates aren’t going up and Gold remains very bullish. With Gold breaking back above the key $1,250 per ounce resistance level on Wednesday, many professional traders became optimistic. Gold reached $1,296 this morning, a new...(Read More)





