Barry Stuppler
-
Daily Market Report 9/25/15
GOLD Gold broke down below the $1,150 per ounce level in late trading yesterday and reached a low of $1,140.70 this morning. For most of today’s light trading, Gold has been in the $1,143 to $1,147 per ounce range. At 11am PDT today, Gold is trading at $1,145 per ounce, down $8 per ounce on light Friday volume. SILVER...(Read More) -
Daily Market Report 9/24/15
GOLD This morning we saw a bullish breakout in the Gold price, based on the following four factors: Increased buying from jewelers and bullion dealers in India, which is being caused by the ongoing Wedding Season demand for physical Gold and Silver. Weak equity markets around the globe. A weak U.S. Dollar versus the Euro. Janet Yellen is speaking tonight...(Read More) -
Gold vs Debt: The Big Picture
(Read More)Gold prices peaked in January 1996 and then fell for 3.5 years into a multi-decade low. It was the age of stocks, debt, leverage, and good times; nobody needed or wanted gold.
Since the gold price peak in 2011 the Federal Reserve has “generously” supplied the world with trillions of dollars of newly created digital and paper debt, all backed by nothing but faith and credit . . . .
-
Daily Market Report 9/23/15
GOLD Gold reached a low of $1,121 in early Asian trading. At that point, Gold showed excellent support and quickly attracted fresh buyers. As Gold trading rolled into Europe the buying continued, breaking above $1,130 per ounce. When New York opened, Gold rallied to $1,134 per ounce. It is important that Gold consolidate in the current $1,120 to $1,150 trading...(Read More) -
Russians Buy 1 Million Ounces of Gold Bars in August
(Read More)Russia’s gold reserves rose to 42.4 million troy ounces as of September 1 compared with 41.4 million troy ounces a month earlier, the Russian central bank announced on Friday. The monthly accumulation of 1 million ounces in just one month was one of the more sizeable monthly purchases by Russia . . . .
-
Daily Market Report 9/22/15
GOLD Gold sold off in early Asian trading due to light short term profit taking. The price of Gold declined to $1,121.30 per ounce before fresh buying appeared. It would be healthy for Gold to settle into a $1,120 to $1,150 per ounce trading range for a few days. At 11am PDT today, Gold is trading at $1,126 per ounce...(Read More) -
Weekly Market Report 9/21/15
Links to recent informative articles on precious metals and rare coins: Silver Is Becoming Scarce Worldwide For Purchase Gold: Major Trend Change Has Occurred Gold Remains Money The Comex Is One Big Lie This Week’s Headlines: Gold Moment of Truth for the price of Gold COMEX Gold warehouse inventories at critically low levels Silver Recommended Investment Commitment and Diversification...(Read More) -
Daily Market Report 9/21/15
GOLD This morning Gold is trading in a healthy narrow $10 high/low price range. Gold reached $1,140 in early trading and then sold off to $1,130 per ounce on short term profit taking. At 11am PDT today, Gold is trading at $1,133 per ounce, down $4 on average volume. SILVER Silver sold off with Gold in early trading, reaching a...(Read More) -
The Comex Is One Big Lie
(Read More)The facts that have been willfully omitted are these: The total amount of ALL gold held by ALL market participants at ALL the Comex warehouses, whether it is on offer or not, is about 218 tonnes. That is less than one month’s demand for physical bullion . . . .
-
Daily Market Report 9/18/15
GOLD Yesterday’s Federal Reserve’s decision not to raise interest rates was very bullish for Gold and Silver. Gold reached a two week high of $1,142 per ounce in early Asian trading this morning. Considering that the Dow has dropped almost 300 points and the U.S. Dollar has fallen versus the Euro, I would have liked to see Gold move above...(Read More)





