Barry Stuppler
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Weekly Market Report 12/14/15
Links to recent informative articles on precious metals and rare coins: Gold & Silver prices will surge on fundamentals not technical analysis Gold (coin) bugs: No, we’re not crazy for buying China is playing the Gold game very carefully: Covert purchases of Gold This Week’s Headlines: Gold Backwardation and Contango Tax Benefits for your Gold & Silver holdings Platinum...(Read More) -
Daily Market Report 12/14/15
GOLD Gold fell today as the U.S. Dollar moved higher versus the Euro in anticipation of the Federal Reserve policy meeting this week to announce the first interest rate increase in nearly a decade. At 11am PDT today, Gold is trading at $1,065, down $10 per ounce on excellent volume. SILVER Silver is making new seven-year lows, hitting $13.63...(Read More) -
Daily Market Report 12/11/15
GOLD The bears came into the precious metal markets in Asia this morning. They were able to drive the Gold price down to $1,061.70 per ounce before sizeable buying appeared, taking the price back over $1,070 per ounce. At 11am PDT today, Gold is trading at $1,077 per ounce, up $4 on excellent volume. SILVER This morning the sellers...(Read More) -
Daily Market Report 12/10/15
GOLD Gold traded today in a $7 low/high range ($1,069 to $1,076 per ounce) on light volume. Right now Gold appears to be treading water, waiting for a direction. The support and resistance levels are $1,060 and $1,085 per ounce, Stay tuned for a break upward/downward before the end of the year. At 11am PDT today, Gold is trading at...(Read More) -
Daily Market Report 12/9/15
GOLD Gold continues to see bargain buying at the $1,070 per ounce level. It appears that the Gold price is treading water between $1,070 and $1,085 per ounce, waiting for a firm direction. A few positive signs are that the Gold equities market has been firm and this is happening in the face of falling crude oil prices. The U.S...(Read More) -
Daily Market Report 12/8/15
GOLD A stronger U.S. Dollar, combined with weaker crude oil prices, is keeping Gold in a tight trading range from $1,067 to $1,079 per ounce. Fresh buying did appear when Gold was trading near its low price this morning. At 11am PDT today, Gold is trading at $1,073.50 per ounce, down $1.50 on average volume. SILVER Silver dropped to...(Read More) -
Weekly Market Report 12/7/15
Links to recent informative articles on precious metals and rare coins: Turn your Gold and Silver Losses into a Tax Advantage Sales of American Eagle silver bullion coins break 2014 record Mint sells last of 2015 American Eagle 1-ounce gold bullion coins This Week’s Headlines: Gold Tax Benefits for your Gold & Silver holdings Platinum Silver Recommended Investment Commitment...(Read More) -
Daily Market Report 12/7/15
GOLD This morning the U.S. Dollar moved higher versus other currencies based on Friday’s upbeat U.S. jobs data. The report reinforced expectations that the Federal Reserve will raise interest rates next week. The Dollar rally caused Gold to drop $10 per ounce. At 11am PDT today, Gold is trading at $1,075 per ounce, down $9 on normal volume. SILVER...(Read More) -
China is Playing the Gold Game very Carefully: Covert Purchases of Gold
(Read More)On behalf of Matterhorn Asset Management, Lars Schall talked with one of the prime researchers when it comes to the People’s Republic of China gold policy; Dutch analyst Koos Jansen. They discuss the many tricky details that have to be taken into account; since the Chinese gold buying is pretty much a covert operation . . . .
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Daily Market Report 12/4/15
GOLD This morning the European Central Bank cut its deposit rate to -0.30 percent, this rate determines the cost of borrowing for banks at the ECB’s weekly auction. This news, plus the U.S. economy adding 211,000 jobs in November and keeping the unemployment rate steady at 5%, caused precious metals to rally sharply. After Gold reached a six year low...(Read More)





