Barry Stuppler
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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) -
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 . . . .
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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 . . . .





