Barry Stuppler
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Daily Market Report 4/13/16
GOLD A short term rally in the U.S. Dollar, and some light profit taking after the recent Gold rally, moved the Gold price down to $1,240 before finding bargain buyers. Gold needs to move back above $1,250 this week to stay short term bullish. The U.S. budget deficit is moving higher. The deficit increased $461 billion in the last six...(Read More) -
Deutsche Bank Says World “Past the Point Of No Return” In The Default Cycle
(Read More)Over the past year, the credit cycle finally turned, and has unleashed the latest default cycle. In fact, as BofA’s Michael Contopoulos warned last week...
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Russia continues to add tons of gold to nations bullion reserves
(Read More)Russia continues to add to its gold bullion reserves, according to Russian President Vladimir Putin...
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Daily Market Report 4/12/16
GOLD A combination of strong physical demand and a weak U.S. dollar has given good support to the Gold price today. The U.S. Dollar is down 5% versus the Euro and 10% versus the Japanese Yen in the past couple months. A report out of Asia today shows that China purchased 183 tonnes of Gold in March, and 515 tonnes...(Read More) -
Expert sees gold price crossing $3,000 in 3 years
(Read More)Central banks continue to push and test the limits of monetary policy, credit markets, and fiat currencies, which could result in gold prices above $3,000/oz within 3 years...
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Chinese gold demand picking up - 183.2 tonnes in March
(Read More)The latest monthly figure for gold withdrawals from the Shanghai Gold Exchange (SGE) looks to be beginning to pick up after a particularly poor February when figures will have been affected by the Chinese Lunar New Year week long holiday...
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Weekly Market Report 4/11/16
(Read More)Gold and Silver prices moving higher again . . . .
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Daily Market Report 4/11/16
GOLD Gold reached a high of $1,260 today on a fresh wave of buying due to a weaker U.S. Dollar and strong safe-haven buying. Weak economic data coming out of Europe and Asia is providing concerns that negative interest rates and another round of quantitative easing is highly possible. At 11am PDT today, Gold is trading at $1,256 per ounce...(Read More) -
Daily Market Report 4/8/16
GOLD Gold has traded between $1,230 and $1,243 per ounce today, consolidating the price on average volume. Gold reached a low of $1,210 on April 1st, but never tested the important $1,200 per ounce support level. Physical demand remains strong, while global monetary policy remains loose, which is excellent for Gold. At 11am PDT today, Gold is trading at $1,241...(Read More) -
Daily Market Report 4/716
GOLD Late yesterday the FOMC released the March Fed meeting minutes. These minutes are very important because it provides clues to the future direction of U.S. interest rates. The minutes showed that Chairman Janet Yellen is unlikely to raise rates this month, and the balance of the year is a big question mark. Gold reacted to this news in Asia...(Read More)





