Barry Stuppler
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Mints struggle to keep up with silver coin demand
(Read More)Government mints around the world are struggling to keep up with unprecedented demand for silver coins, spurred by a drop in silver prices to six-year lows.The mints in Canada, Austria and Australia have told Reuters they are rationing sales of silver bullion coins . . . .
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Chinese And Russian Central Bank Continue To Add Gold To Official Reserves: 16 & 31 Tonnes In August
(Read More)China is joining Russia in increasing its official gold reserves on a monthly basis. Russia added a whopping 31 tonnes in August, the highest since March and the fourth highest in recent history. These two countries are by far the largest official gold buyers globally, which can only be seen in the greater scheme of things . . . .
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Daily Market Report 10/1/15
GOLD After hitting $1,156 last Thursday, Gold has declined 5 trading days in a row. Today, Gold reached a low of $1,111 per ounce on normal volume, before buyers appeared. Unless Gold breaks back above the $1,120 by Monday, I am looking for a re-testing of the $1,100 per ounce long term support level. At 11am PDT today, Gold is...(Read More) -
Daily Market Report 9/30/15
GOLD To say I was disappointed with the decline in the Gold price today, breaking below the $1,120 support level, would be an understatement. Hopefully, today’s decline is temporary and it will move back above the $1,120 level by the weekend. However, if the price doesn’t recover quickly, we could see another test of the long term support level of...(Read More) -
Donald Trump Loves Gold
(Read More)Among other astute observations since his campaign launch, Donald Trump noted: “I’m really rich.” ... So what does he do with all his dough? Known for opulent and garish taste, candidate Trump has embraced conspicuous consumption. And boy, does he like gold . . . .
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Daily Market Report 9/29/15
GOLD Gold is trading today in a narrow $10 high/low range, from $1,124 to $1,134 per ounce. It would be healthy for Gold to consolidate in the current $1,120 to $1,150 trading range. At 11am PDT today, Gold is trading at $1,127.50 per ounce, down $5.60 per ounce on average volume. SILVER Silver showed excellent demand this morning in...(Read More) -
Weekly Market Report 9/28/15
Links to recent informative articles on precious metals and rare coins: Gold vs Debt: The Big Picture Russians Buy 1 Million Ounces of Gold Bars in August The Comex Is One Big Lie This Week’s Headlines: Gold Gold fundamentals are looking good Moment of truth for the price of Gold Silver US 1oz Silver Eagle premium goes ballistic Platinum...(Read More) -
Daily Market Report 9/28/15
GOLD This morning Gold was unable to move back above the $1,150 in early Asian trading, reaching a high of $1,148 per ounce before selling off. This morning’s technical sell-off took the price of Gold down to $1,128 before sizeable buying appeared. At 11am PDT today, Gold is trading at $1,133 per ounce, down $12 on excellent volume. SILVER Silver...(Read More) -
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)





