Barry Stuppler
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Daily Market Report 11/19/15
GOLD There was sizeable bargain buying of Gold in the Asian markets this morning. That buying caused the Gold price to rally from $1,069 to $1,087.00, then the bears came back, driving the price back under $1,080 per ounce. At 11am PDT today, Gold is up $10 per ounce, trading at $1,078 per ounce with normal volume. SILVER During...(Read More) -
Daily Market Report 11/18/15
GOLD The U.S. Dollar continues to strengthen ($1.04 versus the Euro) while the Gold price remains under attack from professional short sellers and chart technicians. Recent Gold trading remains weak as Gold hits new multi-year lows, approaching the 2010 low of $1,058 per ounce. At 11am PDT today, Gold is down $2 per ounce, trading at $1,068 on average volume...(Read More) -
Daily Market Report 11/17/15
GOLD I have turned short term negative on Gold, based on yesterday’s failure of Gold to break above the key $1,100 per ounce resistance level. After the terrorist activity in Paris and a rally in crude oil, Gold should have shown “Safe Haven” strength and it didn’t. So, Gold setting a new six year low of $1,064 per ounce today...(Read More) -
Gold remains the best insurance for a crisis
(Read More)As central banks race to devalue currency private individuals are hoarding record amounts of gold . . . .
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Daily Market Report 11/16/15
GOLD What happened last night in Asia when the Gold market opened after the ISIS attack in Paris? Gold quickly rallied up $16 per ounce, reaching a high of $1,098 on fresh buying. Then, as the Gold market rolled into European and U.S. trading, the price sold off. Many traders, seeing that the strength of the rally couldn’t move it...(Read More) -
Weekly Market Report 11/16/15
Links to recent informative articles on precious metals and rare coins: One of America’s Largest Online Retailers is Stockpiling Gold & Silver Coins to Pay Employees in Coming Crisis Central Banks Snapping Up Gold at Near-Record Pace Gold: Primed for Recovery Silver Institute Silver Report Oct 2015 World Gold Reserve Changes Year to Date This Week’s Headlines: Gold Understanding...(Read More) -
China’s yuan takes another step towards SDR basket inclusion
(Read More)IMF staff on Saturday recommended that the Chinese currency, the yuan, be included in the IMF’s benchmark foreign exchange basket, a move that will indirectly benefit India as well . . . .
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Daily Market Report 11/13/15
GOLD Gold is treading water, trading in a $10 high/low range, from $1,089 to $1,079 per ounce. Global physical demand continues to be strong from central banks and consumer demand. At 11am PDT today, Gold is up $0.22 per ounce, trading at $1,082 per ounce. SILVER Silver hit another new monthly low this morning of $14.17 per ounce. At...(Read More) -
Gold: Primed for Recovery
(Read More)Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support near $1075 an ounce . . . .
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Central Banks Snapping Up Gold at Near-Record Pace
(Read More)Central banks and other institutions boosted gold purchases to the second-highest level on record in the quarter to September as countries including China and Russia sought to diversify their foreign-exchange reserves . . . .





