Barry Stuppler
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“Great Optimist” Faber Says “ I Added To My Gold Position
(Read More)Marc Faber, Swiss economist, forecaster, renowned investor and the original Dr. Doom, may need a new nickname.
In an interview on CNBC’s “Trading Nation,” the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is actually a “great optimist” . . . .
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Friday Is a Big Day for Gold And Investors Better Be Prepared
(Read More)Gold has been underperforming since the hawkish October Fed meeting . . . .
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Daily Market Report 11/4/15
GOLD The eyes of most precious metal traders are on Congress this morning as the Fed Chairman is testifying. Chairman Yellen just stated that the Federal Reserve is still considering raising interest rates next month. This statement drove the U.S. Dollar higher, and drove both the Dow Jones and Gold/Silver lower. In this environment, I still believe Gold will test...(Read More) -
Germanys Degussa: A bull in a bearish gold market
(Read More)After a tough summer that saw erratic price movements across commodities, spot gold hit a four-week low on Monday. But that has not deterred one German gold bullion dealer from expanding into Asia for the first time . . . .
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Daily Market Report 11/3/15
GOLD The recent decline in the Gold price continues for the fifth trading day in a row. Gold reached a low of $1,114 per ounce this morning. The bears have regained control of the Gold commodity exchanges, but the Gold equities have been relatively stable. Without any exciting news, I think the $1,100 per ounce support level will be tested...(Read More) -
Weekly Market Report 11/2/15
Links to recent informative articles on precious metals and rare coins: Gold Prices: How Gold Will Beat Stocks in 2016 Gold Prices to Witness Surge in 2016? Ron Paul Has Incredible Reaction to Donald Trump’s Attack on Gold Bugs China central bank sees ’very normal’ growth of 6-7 percent in next few years This Week’s Headlines: Gold Gold fundamentals...(Read More) -
Daily Market Report 11/2/15
GOLD Gold continues its recent sell off this morning, reaching a low of $1,132 per ounce in early Asian trading. Gold found excellent bargain buying demand below $1,135 per ounce. At 11am PDT today, Gold is trading at $1,136 per ounce, down $6 on excellent volume. SILVER Silver broke down with Gold, moving below its recent $15.50 per ounce...(Read More) -
Daily Market Report 10/30/15
GOLD This was not a happy week for Gold investors. After breaking down below the key $1,150 support level yesterday, the bears came back. Today, Gold is closing on the lows of the week due to light margin call selling. At 11am PDT today, Gold is trading at $1,142 per ounce, down $6 on normal weekend light volume. SILVER...(Read More) -
Daily Market Report 10/29/15
GOLD Gold reacted negatively in late trading yesterday; after the Federal Reserve left interest rates unchanged but signaled a December rate hike was still on the table. Today’s trading is important because Gold broke below the key $1,150 support level. I need to see Gold rally back into its recent trading range of $1,150 to $1,190 immediately to stay bullish...(Read More) -
Daily Market Report 10/28/15
GOLD Gold has moved upwards this morning, moving above $1,175 per ounce on excellent volume. Market analysts have a general feeling that the Federal Reserve will make no decision to raise interest rates. Many traders believe that the Fed is not likely to give any definitive schedule for raising interest rates/ At 11am PDT today, Gold is trading at $1,172...(Read More)
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