Barry Stuppler

GOLD In late Gold trading yesterday, a large physical order hit the market from China, driving the spot price up to $1,172 per ounce. This morning there was a bull/bear battle on the exchanges driving the price down to $1,157 based on the continued strength of the U.S. Dollar against the Japanese Yen. At 11am PST today, Gold is down...

GOLD After Friday’s $27 rally and yesterday’s $13 decline, today (maybe because it’s a holiday) Gold appears to be having a consolidation day. Earlier this morning Gold hit a $1,146 low, but quickly rallied back to $1,166 before seeing some resistances. I hope we will see Gold consolidate between the $1,150 to $1,180 range in the coming week, bring in...

Links to recent informative articles on precious metals and rare coins: Reader Question on Greenspan and Gold: "No Fiat Currency Can Match It"   This Week’s Headlines: Gold Getting Bullish on Gold and Silver Silver Recommended Investment Commitment and Diversification   GOLD After seven consecutive down days, Gold reached an unbelievable $1,130 per ounce. At that point, a major buyer...

GOLD After last Friday’s $27 rally, Gold showed some short term profit taking today. At one point in morning trading Gold reached $1,177.60, just short the of the $1,180 resistance level. Today’s CME December Gold is trading above $1,160 with about half of Friday’s volume At 11am PST today, Gold is down $13, trading at $1,158 per ounce on average...

GOLD I REALLY LIKE THE WAY GOLD TRADED TODAY After reaching a 4 year record low of $1,130 per ounce in early Asian trading, Gold found serious buyers and the price quickly rallied $30. The rally kept on going, reaching a high of $1,171 per ounce on the CME with heavy trading volume, especially for a Friday. If the price...

GOLD After Gold hit a low of $1,137 per ounce yesterday, the bargain buyers came in and the trading volume doubled. This morning Gold is trying to consolidate in the $1,145 per ounce area on above average trading volume. At 11am PST today, Gold is trading at $1,144.60 per ounce, down $2.20 per ounce. SILVER Silver is finding lots of...

GOLD After last night’s election results it is clear that the Republicans will take control of the House of Representatives, the Senate, and the direction of the U.S. economy. Many traders and economists believe that Republicans will be better for U.S. economic growth and for businesses. The U.S. Dollar moved sharply higher and hit a four-year high overnight. A stronger...

GOLD Gold is trading in a very narrow $11 high/low range, trying to establish a new support level above $1,160 per ounce. The real question is: Were the Friday and Monday lows of $1,161 the bottom? In order to turn professional traders from a negative to positive sentiment we need to see Gold rally back above the $1,200 per ounce...

Links to recent informative articles on precious metals and rare coins: China Gold Imports Rise to Five-Month High Before Holiday Sales Swiss Gold referendum likely to pass and send prices higher   This Week’s Headlines: Gold Right time to buy more Gold and Silver Silver My trip to Washington DC last week Recommended Investment Commitment and Diversification   GOLD Last...

GOLD This morning the Gold price reached Friday’s low of $1,161 in Asia before heavy buying appeared. Right now it looks like Gold is finding excellent support and global physical demand is skyrocketing. Many dealers are reporting being back ordered on popular Gold investment products. At 11am PDT today, Gold is trading at $1,168 per ounce, down $4 from Friday’s...