Barry Stuppler
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Weekly Market Report 3/2/15
Links to recent informative articles on precious metals and rare coins: Apple buying a third of world’s Gold to meet demand for iWatch China Gold imports from Hong Kong rebound in January Have the big banks been manipulating Gold and Silver prices? Indian Gold Imports Might Surge As RBI Removes Curbs This Week’s Headlines: Gold Apple needs 746 tonnes...(Read More) -
Daily Market Report 3/2/15
GOLD This morning Gold tested the $1,223 per ounce short term resistance level in Asia/Europe/U.S. and failed to breakthrough. Gold dropped below $1,207 per ounce before sizeable buying appeared. At 11am PST today, Gold is trading at $1,209, down $5 per ounce on average volume. SILVER Silver stayed in a narrow $0.41 high/low trading range today between $16.41 and $16.82...(Read More) -
Daily Market Report 2/27/15
GOLD Gold continued its 3 day rally this morning, reaching a high of $1,219.70 per ounce. I am looking for Gold to move above $1,223, which is the short term resistance number. At 11am PST today, Gold is up $5, trading at $1,214 per ounce on average volume. Technology giant Apple may soon buy up one third of the world’s...(Read More) -
Apple buying a third of world’s gold to meet demand for iWatch
(Read More)Technology giant Apple (NASDAQ:AAPL) may soon buy up one third of the world’s gold in order to meet the demands of its highly anticipated Apple Watch, according to reports . . . .
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Daily Market Report 2/26/15
GOLD Gold moved higher this morning, reaching a high of $1,220 before seeing short term profit taking. It was reported today that net Gold imports to China, from its main conduit Hong Kong, climbed to 76.118 tonnes in January 2015, up from a three-month low of 71.381 tonnes in December. At 11am PST today, Gold is trading at $1,209 per...(Read More) -
Daily Market Report 2/25/15
GOLD After hitting a monthly low of $1,190 per ounce yesterday, Gold found a few sellers which caused the price to rally to today’s high of $1,212.30. The light volume is an excellent indicator of a lack of fresh selling and possibly short sellers taking profits. Chinese buyers returning from a week-long Lunar New Year holiday were active bargain buyers...(Read More) -
Have the big banks been manipulating gold and silver prices?
(Read More)For many years most of the perennially bullish precious metals commentators ... have been claiming that precious metals prices are being heavily manipulated by the big commercial banks in collusion with the U.S. Fed and other central banks ... citing as evidence various documentation ... obtained under freedom of information requests. It has always been the gold bulls’ gripe that the evidence they have come up with has been totally ignored by the mainstream media, but is this all changing . . . .
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Daily Market Report 2/24/15
GOLD As Federal Reserve Chairman Janet Yellen speaks to the Senate Finance committee about interest rates staying unchanged for the next 3-4 months, Gold continues to move above and below the important $1,200 per ounce support level. At 11am PST today, Gold is trading at $1,198 per ounce, down $4 per ounce on average trading volume. SILVER Silver has been...(Read More) -
Weekly Market Report 2/23/15
Links to recent informative articles on precious metals and rare coins: Greeks are Running Towards Gold as Retail Demand Increases 123% This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Last week there were only four trading days due to the President’s Day holiday. Gold closed between $1,200.20 and $1,208.60 per ounce all those four days...(Read More) -
Daily Market Report 2/23/15
GOLD This morning Gold tested the $1,200 per ounce support level again, dropping to $1,191 per ounce before sizeable buying appeared driving the price back up to $1,210. At 11am PST today, Gold is trading at $1,202 per ounce, down $2 on excellent volume. SILVER Silver reached a low of $16.08 per ounce earlier this morning before rallying back. At...(Read More)
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