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Barry Stuppler

  1. Gold imports soar 450% in India

    The Indian government has been proved right once again in not lifting its curbs on gold. Trade deficit has widened the most in 18 months, as imports of the precious metal have surged . . . . 

    (Read More)
    October 16 2014
    Posted in News Articles

  2. Daily Market Report 10/15/14

    GOLD It appears that a convergence of factors are making Gold look like the ultimate safe haven investment. These factors include shockingly weak economic data from Germany; weak economic data here in the U.S.; another huge sell-off in U.S equities; an enormous rally in bonds (which see the 10-year yield below 2%); another big sell-off in crude oil; and another...
    (Read More)
    By Barry Stuppler
    | October 15 2014
    Posted in Daily Market Report

  3. Daily Market Report 10/14/14

    GOLD Gold has traded in a narrow $7.60 high/low price range today ($1,230.80 to $1,238.40) on average trading volume. The Gold market appears to be waiting for direction while trying to build a base. Many traders are waiting for a rally to $1,245 or above to make a short sale, but there is good price support above $1,220 per ounce...
    (Read More)
    By Barry Stuppler
    | October 14 2014
    Posted in Daily Market Report

  4. Weekly Market Report 10/13/14

    Links to recent informative articles on precious metals and rare coins: Opinion: Gold market sentiment takes a big turn for the worse     This Week’s Headlines: Gold Silver October 2014 CoinStats Recommended Investment Commitment and Diversification   GOLD The good news for Gold is that after reaching a low of $1,190 per ounce it rallied $28.80 per ounce last...
    (Read More)
    By Barry Stuppler
    | October 13 2014
    Posted in Weekly Market Report

  5. Daily Market Report 10/13/14

    GOLD This morning Gold rallied in Asian trading, reaching a high of $1,237 before rolling into European trading when sellers appeared. At 11am PDT today, Gold is trading at $1,230.30 per ounce, up $8.60 per ounce on average volume. SILVER Silver tried to rally, reaching a high of $17.63 earlier this morning, but couldn’t hold above $17.50. Today’s trading volume...
    (Read More)
    By Barry Stuppler
    | October 13 2014
    Posted in Daily Market Report

  6. Daily Market Report 10/10/14

    GOLD Gold traded in a very narrow $8 high/low price range today ($1,217 to $1,225). The bias continues to be negative, considering this week’s very bullish precious metal news from the IMF and Federal Reserve, Gold should be $50 higher. At 11am PDT today, Gold is trading at $1,221.70, down $2.30 per ounce on light volume. SILVER Silver had a...
    (Read More)
    By Barry Stuppler
    | October 10 2014
    Posted in Daily Market Report

  7. Daily Market Report 10/9/14

    GOLD At 2pm EDT yesterday, the Federal Reserve released the minutes of its Sept 16-17, 2014 Governors meeting. During the meeting there was a heated debate among the Fed Governors over the current policy of cutting back or eliminating financial stimulus and hiking interest rates. The minutes also show concern about the rising dollar, slowing inflation, and economic turmoil in...
    (Read More)
    By Barry Stuppler
    | October 9 2014
    Posted in Daily Market Report

  8. Opinion: Gold market sentiment takes a big turn for the worse

    Gold’s $20 plunge on Friday was accompanied by a big increase in bullishness among gold timers.That’s just the opposite of what you would expect, since the normal pattern is for gold timers’ bullishness to rise and fall in lockstep with the market. It’s a bad sign that this normal pattern has been broken . . .

    (Read More)
    October 9 2014
    Posted in News Articles

  9. Daily Market Report 10/8/14

    GOLD Yesterday the International Monetary Fund (IMF) released a report stating that the weak European countries’ economies will put downward pressure on global growth. This bearish forecast drove down the world’s equity markets, with the U.S. Dow Jones dropping 272 points. The forecast also affected the U.S. Dollar, driving down its value. This bearish economic announcement should have been VERY...
    (Read More)
    By Barry Stuppler
    | October 8 2014
    Posted in Daily Market Report

  10. Daily Market Report 10/7/14

    GOLD With the markets down today and the US Dollar Index holding about par, I am impressed to see how Gold is behaving today. Not only is the volume of trading higher than normal, but during Asian trading hours Gold held above $1,205 an ounce, and continued to rise as the European and US markets opened. I’d like to see...
    (Read More)
    By Barry Stuppler
    | October 7 2014
    Posted in Daily Market Report

Items 4051 to 4060 of 5416 total

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