Barry Stuppler
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Daily Market Report 8/24/15
GOLD The U.S. Dollar continues to weaken versus the Euro and physical demand for Gold investment products remains very strong for Gold bars and coins. This morning Gold reached $1,170 per ounce on excellent volume, before traders took some short term profits. Equity markets around the globe continue to decline, with the Dow/Jones down another 300 points. At 11am PDT...(Read More) -
Gold Soars as Fear Strikes the Dow
(Read More)Global stock markets are a sea of red raising gold’s appeal as a safe haven investment yet again.
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Daily Market Report 8/21/15
GOLD After Gold quickly moved above the $1,150 per ounce resistance level yesterday, many professionals started covering their short sales, driving the price to the next resistance level of $1,170 last night. This morning the price dropped back to trade in the $1,160 area. The next major resistance level is $1,200 and a confirmed move above that level could bring...(Read More) -
The Ultimate Insurance Against Financial Disaster
(Read More)You wake up in the morning, turn on the news, and get a sick feeling in your stomach...
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Billionaire Investors Just Made Massive Bets on Gold
(Read More)Second-quarter regulatory filings show that Stanley Druckenmiller, the famed hedge fund manager, just placed more than $323 million of his own money into a gold ETF, at a time when sentiment toward the yellow metal is in the basement.
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Daily Market Report 8/20/15
GOLD Today, Gold moved quickly above its next major resistance level of $1,150 per ounce, as the rally continues. Trading is very active in the futures and physical markets with excellent demand in both. If Gold can close above $1,150 for a minimum of the next 3 trading days, I would be looking at $1,200 as the next resistance level...(Read More) -
Daily Market Report 8/19/15
GOLD Gold is continuing its rally, reaching a high today of $1,132.20 per ounce on excellent trading volume. The next resistance point is $1,150 per ounce, but I would like to see Gold trading between $1,120 and $1,150 to consolidate the move higher. At 11am PDT today, Gold is trading at $1,130 per ounce, up $13 on excellent volume. SILVER...(Read More) -
Daily Market Report 8/18/15
GOLD Gold traded in a narrow high/low price range today, from $1,110 to $1,121 per ounce. We continue to see excellent price consolidation above the key $1,100 per ounce level. At 11am PDT today, Gold is trading at $1,117 per ounce, down $1 on average volume. SILVER Silver broke below the key $15 per ounce support level this morning, reaching...(Read More) -
Weekly Market Report 8/17/15
Links to recent informative articles on precious metals and rare coins: Dennis Gartman Sees A Bottom In Gold Will China Play The ’Gold Card’? This Week’s Headlines: Gold Silver Rare Coin Report U.S. Mint sold out of 2015 Gold High Relief Recommended Investment Commitment and Diversification GOLD After watching Gold trading in commodity exchanges around the globe on...(Read More) -
Daily Market Report 8/17/15
GOLD Gold moved higher since the Asian opening at $1,113 per ounce. The rally took the price up to a high of $1,123 per ounce before seeing any serious short term profit taking. Both futures markets and physical Gold products demand remain strong. Price consolidation of the recent gains in the Gold price would be very healthy for the long...(Read More)
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