Barry Stuppler
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China’s corporate debt is getting out of control
(Read More)A new survey has shown that Chinese corporate debt is reaching unprecedented levels, at a time when economic growth is at a 25-year low . . . .
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Daily Market Report 7/17/15
GOLD A combination of a strong U.S. Dollar and the release of disappointing news from the Chinese government about its Gold reserves pushed the Gold price to new 2015 lows this morning. Today, the Gold price broke down below its 2015 low of $1,141 per ounce, reaching $1,129 per ounce on active volume. With news about Greece and Iran behind...(Read More) -
China Ends Mystery of Gold Hoard
(Read More)China ended six years of mystery over how much gold it’s hoarding, revealing a 57 percent jump in reserves and overtaking Russia to become the country with the fifth-largest stash of the metal . . . .
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US Mint nixes American Liberty, High Relief Silver medal for 2015
(Read More)United States Mint officials decided July 13 that the bureau will not produce and issue the American Liberty, High Relief silver medal in 2015. Additionally, the American Liberty, High Relief gold coin is not to be an annual product . . . .
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U.S. Mint temporarily suspends sales July 7 of American Eagle silver bullion coins
(Read More)The U.S. Mint temporarily suspended sales July 7 of 2015 silver American Eagle bullion coins so the depleted inventory can be replenished . . . .
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Daily Market Report 7/16/15
GOLD Gold has traded in a very narrow $7 high/low price range today between $1,142 and $1,149 per ounce. Gold is trying to build a base with a lot of physical and exchange futures contract demand above the recent low of $1,141. $1,141 per ounce is becoming a very crucial support level for Gold. If Gold breaks below $1,141, making...(Read More) -
Daily Market Report 7/15/15
GOLD This morning Federal Reserve Chair, Janet Yellen, told Congress that the Fed still plans to begin raising interest rates this year amid an improving economy, but that it will likely push them up gradually. As mentioned yesterday, Gold reacted by immediately hitting the recent low of $1,141 per ounce and then quickly rallied on increasing volume. At 11am PDT...(Read More) -
Greeks Can’t Tap Cash, Gold, Silver In Bank Safety Deposit Boxes
(Read More)We have warned about this for many years and warned as recently as April this year that people should avoid using safety deposit boxes in banks. Greek capital controls also prevent access to contents of safe deposit boxes... it is important to own assets outside banking system and not in bank safe deposit boxes ... own physical bullion in private safety deposit boxes and the safest private vaults . . .
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Gold Eagle Sales Surge Due To Financial Turmoil
(Read More)Sales of Gold Eagles increased from 21,500 oz in May to 76,000 oz in June due to investor’s concern on the financial fallout of a Greek Exit. However, this was nothing compared to Gold Eagle buying during the remaining days of last week. Something quite interesting took place on Friday last week. . . . .
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Daily Market Report 7/14/15
GOLD Gold traded today in a very narrow $7 high/low price range, between $1,153 and $1,160 per ounce. Based on the current news, I am disappointed that Gold hasn’t already broken out on the upside. Since the beginning of the year, every time Gold trades below $1,150 per ounce, sizeable demand appears and the market quickly bounces back. So, I...(Read More)





