Barry Stuppler
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Silver and Gold Will Thrive Beyond Debt Growth
(Read More)The common theme is that GDP, debt, sales, and much more increased exponentially. Our world is based on exponential economic growth. Consider a few HYPOTHETICAL examples of what we accept as normal . . . .
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Daily Market Report 4/16/15
GOLD This morning Gold moved higher in Asian trading, reaching a high of $1,209.60. At that time selling appeared and drove the price back under the important $1,200 per ounce level. The traders term for the recent trading activity in Gold is “Range Bound”, because, with a few brief exceptions, Gold has traded between $1,180 and $1,220 per ounce. At...(Read More) -
Daily Market Report 4/15/15
GOLD After hitting $1,188 per ounce in Europe this morning, fresh Gold buying appeared. The demand drove the price of Gold back above the key $1,200 resistance level. The tug-of-war between the Gold bulls and bears continues, while the price consolidates in the $1,200 area. At 11am PDT today Gold is trading at $1,202 per ounce, up $9 on excellent...(Read More) -
Daily Market Report 4/14/15
GOLD The Chinese released some negative economic data this morning which drove down the price of Gold, testing support at $1,183.50 per ounce. Gold continues to consolidate in the $1,180 to $1,220 per ounce price range. At 11am PDT today, Gold is trading at $1,193 per ounce, down $7 per ounce on better than average trading volume. SILVER When Gold...(Read More) -
Weekly Market Report 4/13/15
Links to recent informative articles on precious metals and rare coins: China Gold Reserves Rise To Threatening Level Why Gold Stocks Still Suck This Week’s Headlines: Gold Fundamentals for higher Gold price continue to strengthen Silver April 2015 CoinStats is now available Recommended Investment Commitment and Diversification GOLD Last week Gold hit a high of $1,224.50 per ounce...(Read More) -
Daily Market Report 4/13/15
GOLD As the U.S. Dollar strengthened, the price of Gold traded in a narrow $13 high/low trading range. Today, Gold reached a high of $1,209 and a low of $1,196 per ounce on normal trading volume. The $1,200 resistance/support level is important and I expect to see Gold hold that level. At 11am PDT today, Gold is trading at $1,200.50...(Read More) -
Daily Market Report 4/10/15
GOLD Gold broke back above the key $1,200 per ounce level this morning on excellent demand when Gold hit $1,193 in Asian trading. Gold has surged 3.5% in Euros and 2.2% in British Pounds this week. At 11am PDT today, Gold is trading at $1,206 per ounce, up $11 per ounce on above average Friday volume. There is a great...(Read More) -
China Gold Reserves Rise To Threatening Level
(Read More)No one knows exactly how much gold China has – but we know it’s a lot. Last disclosed in April 2009, China gold reserves were at 1,054 tonnes. At least, that was the official number You see, China only reports its gold reserves every few years. The most recent number suggests . . . .
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Daily Market Report 4/9/15
GOLD The U.S. Dollar rallied today, moving to $1.04 to the Euro. This Dollar rally negatively affected Gold, driving the price down to $1,192.60 per ounce. I am very disappointed that Gold couldn’t hold the important $1,200 per ounce support level. However, there wasn’t a lot of professional selling or shorting after the price break, and Gold found good support...(Read More) -
Daily Market Report 4/8/15
GOLD Gold tested the very important $1,200 support level this morning, reaching a low of $1,200.70 per ounce. At that point trading volume increased as fresh buyers appeared, rallying the price back to $1,205 per ounce. At 11am PDT today, Gold is trading at $1,205 per ounce, down $5 on better than average trading volume. SILVER This morning Silver tried...(Read More)





