Barry Stuppler
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2015 Black Swans abounding – Safe Haven gold to benefit
(Read More)Global economic uncertainty may prompt return to safe haven gold buying. January 2015 has already been remarkable for the number of Black Swan (unanticipated) events which have hit the markets in such a short space of time . . . .
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Despite higher gold price Chinese demand still surging
(Read More)The latest SGE withdrawal figures show withdrawals of 70 tonnes for the week ending Jan 16th – the third highest weekly figure ever. The recent rise in the gold price, now standing at just below the $1300 mark, does not yet appear to have put a dent in Chinese gold demand as represented by withdrawals from the Shanghai Gold Exchange (SGE) . . . .
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Daily Market Report 1/23/15
GOLD A very nice week for Gold investors, with the price reaching a 5-month high of $1,308 per ounce. Today, Gold traded between $1,284 and $1,302 on excellent trading volume for a Friday. The price of Gold needs to consolidate its recent gains, allowing time for fresh buyers. What is truly amazing is the fact that the U.S. Dollar is...(Read More) -
Daily Market Report 1/22/15
GOLD The European Central Bank finally made their quantitative easing announcement this morning. ECB President, Mario Draghi, launched a major government bond-buying program today, pumping 60 Billion Euros per month of new money into a sagging Euro-zone economy. This program is scheduled to end in September of 2016, which will create over 1 trillion freshly printed Euros. What did the...(Read More) -
Daily Market Report 1/21/15
GOLD Gold broke above the important $1,300 per ounce resistance level earlier today, reaching $1,305 per ounce. Physical demand for Gold investment products remains strong worldwide. Today, the word for Gold on the trading floor is consolidation. At 11am PST today, Gold is trading at $1,293 per ounce, up $1 on excellent volume. SILVER Silver is this year’s star performer...(Read More) -
What can we learn from latest German gold repatriation?
(Read More)German gold repatriation continued in 2014 at a higher pace – but the overall slow speed leaves many questions unanswered and again raises arguments for auditing the Fed. Be careful what you wish for . . . .
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Weekly Market Report 1/20/15
Links to recent informative articles on precious metals and rare coins: Chinese buy 29 tonnes of Gold in last 3 days of 2014 2015 Silver Eagle Bullion Sales Top 2.9M on First Day, Gold Gains Enormous Bullish Gold Bet was just made with Call Options This Week’s Headlines: Gold Silver Jan 2015 CoinStats is now available Recommended Investment Commitment...(Read More) -
Daily Market Report 1/20/15
GOLD The bullish upward move in the Gold price continues, testing the very important $1,300 per ounce level today. Gold reached $1,297.40 per ounce this morning, before seeing some short term profit taking and/or fresh shorting. The Gold bears are definitely on the run, with heavy margin calls being sent out this morning. Part of today’s rally was short covering...(Read More) -
Daily Market Report 1/16/15
GOLD Wow, the U.S. Dollar continues to rally versus the Euro (trading under 1.13 to the Dollar) and Gold continues to move higher, on its way to $1,300 per ounce, the next major resistance level. Gold firmly moved above the key support level of $1,250 per ounce today, reaching a high of $1,282 earlier today, on excellent volume. At 11am...(Read More) -
Daily Market Report 1/15/15
GOLD Gold reached $1,267 per ounce this morning (a 4-month high) after a surprise move by Switzerland to abandon its 3-year cap on the Franc. This action sent global shares and bond yields into turmoil. The Swiss Central Bank’s move triggered a flight to safety and caused the Euro to drop to under 1.14 Euros to the U.S. Dollar. This...(Read More)





