Barry Stuppler

  1. World Gold Reserve Changes Year to Date

    The World Gold Council has published the latest figures to end-September of the World’s national gold reserves . . . .

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  2. Daily Market Report 11/9/15

    GOLD This morning Gold is holding in a narrow range from $1,089 to $1,096 per ounce. Gold needs to move back above the $1,100 per ounce level quickly to encourage traders to be long. At 11am PDT today, Gold is trading at $1,090 per ounce, unchanged from Friday.   SILVER Silver has found some bargain buyers and short covering around...
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  3. Weekly Market Report 11/9/15

    Links to recent informative articles on precious metals and rare coins: Germany’s Degussa: A bull in a bearish Gold market “Great Optimist” Faber says “I added to my Gold position” There are now 293 ounces of paper Gold for every ounce of physical as Comex registered Gold hits new low China Gold consumption rises 7.8%   This Week’s Headlines: Gold...
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  4. Daily Market Report 11/6/15

    GOLD This morning the U.S. Labor Department reported that the U.S. economy added 271,000 jobs in October. Strong hiring in October drove the unemployment rate down to 5%. This increase was much higher than economists had predicted and the stock and precious metal markets declined quickly. After the Job’s announcement Gold immediately dropped $21, reaching a low of $1,084.50 per...
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  5. Daily Market Report 11/5/15

    GOLD An Interesting article, by Hebba Investments, was posted yesterday (See link below). Hebba points out that the unemployment number that will be released tomorrow will provide the needed information that would help the Federal Reserve make the decision on the direction of interest rates at their December meeting. Gold/Silver prices would be dramatically affected by the Federal Reserve’s decision...
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  6. “Great Optimist” Faber Says “ I Added To My Gold Position

    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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  7. Friday Is a Big Day for Gold And Investors Better Be Prepared

    Gold has been underperforming since the hawkish October Fed meeting . . . .

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  8. 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...
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  9. Germanys Degussa: A bull in a bearish gold market

    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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  10. 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...
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