Barry Stuppler
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Daily Market Report 1/20/15
GOLD The bullish upward move in the Gold price continues, testing the very important $1,300 per ounce level today. Gold reached $1,297.40 per ounce this morning, before seeing some short term profit taking and/or fresh shorting. The Gold bears are definitely on the run, with heavy margin calls being sent out this morning. Part of today’s rally was short covering...(Read More) -
Daily Market Report 1/16/15
GOLD Wow, the U.S. Dollar continues to rally versus the Euro (trading under 1.13 to the Dollar) and Gold continues to move higher, on its way to $1,300 per ounce, the next major resistance level. Gold firmly moved above the key support level of $1,250 per ounce today, reaching a high of $1,282 earlier today, on excellent volume. At 11am...(Read More) -
Daily Market Report 1/15/15
GOLD Gold reached $1,267 per ounce this morning (a 4-month high) after a surprise move by Switzerland to abandon its 3-year cap on the Franc. This action sent global shares and bond yields into turmoil. The Swiss Central Bank’s move triggered a flight to safety and caused the Euro to drop to under 1.14 Euros to the U.S. Dollar. This...(Read More) -
Daily Market Report 1/14/15
GOLD What is truly amazing about this year’s $50 rally in the Gold price is that it is happening in the face of a collapsing oil price and with the U.S. Dollar trading near a 7-year high. In past years Gold would sell off as the U.S. Dollar rallied versus other world currencies. History has shown us that a higher...(Read More) -
Daily Market Report 1/13/15
GOLD Gold hit a high of $1,245 per ounce in early trading before some short term profit taking and an increase in the value of U.S. Dollar took the price down $10 per ounce. Demand remains strong and I am seeing excellent professional support at the $1,230 per ounce level. At 11am PST today, Gold is trading at $1,234 per...(Read More) -
2015 Silver Eagle Bullion Sales Top 2.9M on First Day, Gold Gains
(Read More)Precious metals advanced to start the new trading week on Monday. Gold and silver notched a second straight session of gains while platinum and palladium extended their winning streaks to three sessions . . . .
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Weekly Market Report 1/12/15
Links to recent informative articles on precious metals and rare coins: Gold Was Up 73% Last Year! Congress passes law to curb manufacturing of fake coins This Week’s Headlines: Gold Silver Best Rare Coin investment for 2015 Collectible Coin Protection Act passes Congress Rare Coin Market Report Pre-order 2015 First Strike BU Gold & Silver Eagles & Gold Buffalo...(Read More) -
Daily Market Report 1/12/15
GOLD This morning Gold opened higher and kept moving up on fresh demand. Global physical demand for Gold remains very strong with today’s announcement that China purchased a large quantity of Gold at the end of 2014. (see article link below) Chinese buy 29 tonnes of gold in last 3 days of 2014. At 11am PST today, Gold is trading...(Read More) -
Enormous Bullish Gold Bet was just made with Call Options
(Read More)Someone with a big pocket, for sure a professional, made a huge Gold bullish option bet during the last trading session. The trader purchased 40,000 Mar 2015 GLD or SPDR Gold Trust (ETF) (NYSEARCA:GLD) gold call options . . . .
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Chinese buy 29 tonnes of gold in last 3 days of 2014
(Read More)Gold demand in China remains strong in the build-up to the Lunar New Year, with gold price premiums on the SGE rising to 7%. Traditionally Chinese New Year celebrations involve gold gifting, and January tends to be the month that gold traders and banks stock up ahead of the date . . . .
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US Weekly Jobless Claims Unexpectedly Fall ByApril 26 2024
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Chinese Retail Investors Drive Gold Surge On Shanghai Exchange ByApril 26 2024
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Both Gold And Silver Hold Current Price Levels On Negative PCE News ByApril 26 2024
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Gold And Silver Trading Above Key Support Levels ByApril 25 2024
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