Barry Stuppler
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Daily Market Report 1/19/16
GOLD This morning Gold is consolidating in a $1,082 to $1,094 per ounce trading range on average volume. Traders were more interested in the Silver markets this morning. At 11am PDT today, Gold is trading at $1,090 per ounce, down $1 on normal volume. SILVER This morning there was excellent bargain buying in the Asian Silver markets, taking the...(Read More) -
The Chinese Silver Fox
(Read More)Where is all this silver coming from to meet the outsized physical demand? This is the number one question John Embry and Eric Sprott have been asking for about a year now . . . .
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An ‘Acute Shortage’ in Gold Can Boost Prices
(Read More)Tocqueville’s John Hathaway argues that a sharp drop in mining capacity can lift the metal’s price . . . .
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Daily Market Report 1/15/16
GOLD A 450 point drop in the Dow Jones Industrial Average (DJIA) and a weak U.S. Dollar, equals a higher Gold price. A 1,500 point drop in the DJIA since the beginning of the year is driving money into alternate investments, like precious metals. Physical demand continues to grow with the U.S. Mint selling 75,000 ounces of Gold eagles in...(Read More) -
China and Russia Increased Gold Purchases in 2015
(Read More)The World Gold Council’s gold reserve data for November is out, showing that global central banks continued to be on a buying spree, and one UK-based research firm expects it to continue, particularily from China . . . .
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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 . . . .





