Barry Stuppler
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Daily Market Report 1/14/16
GOLD Gold reached a high of $1,095 in early morning Asian trading. At that point sellers appeared driving the price lower. A strong equity market and U.S. Dollar contributed to the decline. At 11am PST today, Gold is trading at $1,073 per ounce, down $18 on average volume. SILVER Silver sold off with Gold, reaching support at $13.74 per...(Read More) -
Daily Market Report 1/13/16
GOLD This morning when Gold reached a low of $1,079.80 the buyers quickly came back. Trading volume picked up and the price of Gold moved to $1,093 before seeing some short term profit takers. Demand continues to be strong and I would like to see Gold move back above the $1,100 resistance level within the next week. At 11am PDT...(Read More) -
The joy of gold
(Read More)When a respectable bank such as the Bank of Scotland tells its clients it foresees a deflationary crisis and a ‘cataclysmic year’ and they must ‘Sell Everything” ... global investors ... turn to gold . . . .
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Daily Market Report 1/12/16
GOLD The Equity markets and the U.S. Dollar rebounded this morning and caused the Gold price to sell-off. On the opening, Gold sold off about $13 per ounce and found strong demand. At 11am PDT today, Gold is trading at $1,086, down $11 per ounce on excellent volume. The U.S. Mint reported selling 60,000 ounces of 2016 Gold eagles on...(Read More) -
"Unprecedented Demand" - US Mint Sells Nearly As Much Gold On First Day Of 2016 As All Of January 2015
(Read More)While Chinese residents were lining up in front of banks and currency exchange kiosks, desperate to convert as many of their Yuan into dollars as the government will permit, Americans were likewise busy exchanging their own paper currency, so greatly in demand in China, into gold and silver . . . .
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Weekly Market Report 1/11/16
Links to recent informative articles on precious metals and rare coins: Rare coin sold for $2 million at Tampa auction Silver Institute Report Dec 2015 2016 Gold and Silver forecast This Week’s Headlines: Gold What 2016 looks like for Gold 2016 Eagles/Buffalo Pre-Order now available with Lowest Premium Guarantee Platinum Silver Rare Coin Market Report Recommended investment commitment and...(Read More) -
Daily Market Report 1/11/16
GOLD This morning the Gold price has been in a tight $8 high/low range, just above and below the important $1,100 resistance/support level. Trading volume has been strong as Gold tries to consolidate above the $1,100 per ounce level. At 11am PDT today, Gold is trading at $1,097, down $4 on excellent volume. SILVER $14 per ounce continues to...(Read More) -
Rare Coin Sold for $2 Million at Tampa auction
(Read More)If you were lucky enough to have gotten your hands on the rare 1894-S struck by the San Francisco mint during that year, you could have sold it today for a cool, 20 million percent return . . . .
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Daily Market Report 1/8/16
GOLD Today Gold tested its $1,100 support level, reaching $1,093 per ounce, then quickly rallied above that level. Gold is fighting to stay above the $1,100 level at the moment as traders take their profits going into the weekend. At 11am PDT today, Gold is trading at $1,098 per ounce, down $9 on good volume. SILVER Silver also tested...(Read More) -
Daily Market Report 1/7/16
GOLD As the world’s equity markets are getting slammed, the precious metal sector is moving higher. Gold has broken over the $1,100 per ounce resistance level about a week ahead of my schedule. The strength and trading volume of this Gold rally is very impressive. Gold hit a high today of $1,109.30 as many professional traders covered their short sales...(Read More)
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