Barry Stuppler
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Will Global Debt Boost Gold?
(Read More)A global debt time bomb is ticking. What does it mean for the global economy and the gold market . . . .
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Daily Market Report 2/5/16
GOLD Great week for Gold investors, with the price up $40 per ounce, and breaking above the key $1,150 per ounce resistance level. Gold reached a high this morning of $1,163 before seeing some weekend, short term, profit taking. At 11am PST today, Gold is trading at $1,158, up $3 per ounce on better than average Friday volume. SILVER...(Read More) -
Daily Market Report 2/4/16
GOLD The rally continues with Gold reaching a high of $1,157 per ounce. Today was the first day this year that Gold broke above the important $1,150 per ounce resistance level. I would expect to see some consolidation above/below the $1,150 level before moving on to the next resistance level of $1,200 per ounce. At 11am PST today, Gold is...(Read More) -
Chinese Seen Buying More Gold as Investors Seek Haven Assets
(Read More)China’s gold demand will keep expanding as investors seek safe assets and jewelry buying increases, the China Gold Association said . . . .
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Daily Market Report 2/3/16
GOLD This morning we saw a weaker U.S. Dollar, lower equity markets, and positive signs from China about an improvement in their economy. These are all the ingredients for a higher Gold price, and Gold is up $15 per ounce. The next resistance level is $1,150 per ounce and that should come quickly. At 11am PST today, Gold is up...(Read More) -
Daily Market Report 2/2/16
GOLD Gold has traded in a tight $8 high/low range from $1,131 to $1,123 per ounce today. Physical and futures demand is strong as the stock markets continue to decline. At 11am PST today, Gold is trading at $1,128 per ounce, up $1 on excellent volume. SILVER Silver, like Gold, is trading in a tight range, but has shown...(Read More) -
Weekly Market Report 2/1/16
(Read More)Gold starts its long term come back, up 5.2% in January . . . .
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Daily Market Report 2/1/16
GOLD This morning Gold is showing excellent gains, with good demand and the price well supported above the $1,120 per ounce level. At 11am PST today, Gold is trading at $1,127 per ounce, up $10.50 per ounce on excellent volume. SILVER Silver reached a high this morning of $14.44 per ounce, at that point there was some short term...(Read More) -
Central Banks Continue To Buy Up Bullion
(Read More)Gold prices eased on Wednesday as the US dollar gained and better than expected data from the US helped ease global stress. Later in the day oil prices continued to rebound helping to lower risk aversion . . . .
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Daily Market Report 1/29/16
GOLD Today is the last trading day for the month, and January has been a good month for Gold owners, with the price up 5.2%, a $66 increase. One of the contributing factors to the Gold rally in January was the 1,000+ point decline in the DJIA. Gold demand continues to grow as the U.S. Mint sold 124,000 ounces of...(Read More)
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