Barry Stuppler

  1. 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...
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  2. Gold remains the best insurance for a crisis

    As central banks race to devalue currency private individuals are hoarding record amounts of gold . . . .

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  3. 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...
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  4. 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...
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  5. China’s yuan takes another step towards SDR basket inclusion

    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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  6. 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...
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  7. Gold: Primed for Recovery

    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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  8. Central Banks Snapping Up Gold at Near-Record Pace

    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 . . . .

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  9. Daily Market Report 11/12/15

    GOLD The Gold price continues to set new recent lows daily. Today Gold reached a low of $1,074.20, just $2 away from this year’s low. A high trading volume break below the $1,072 level could easily take the price down to $1,050 because of margin calls and technical short sells. However, today Gold did find excellent demand at the lows...
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  10. One of America’s Largest Online Retailers is Stockpiling Gold & Silver Coins to Pay Employees in Coming Crisis

    One of America’s largest companies is preparing for problems in the banking and financial system and another financial crisis . . . .

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