Barry Stuppler
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Daily Market Report 07/09/14
GOLD Déjà vu all over again, as Gold continues to consolidate in its new and higher trading range between $1,305 and $1,332 per ounce. This morning, the high/low price range was only $10, from $1,317 to $1,327 per ounce. At 11am PDT today, Gold is trading $1,323 per ounce, up $6 per ounce on average volume. SILVER Silver spent...(Read More) -
Daily Market Report 07/08/14
GOLD Gold continues to build a nice base between $1,313 and $1,325 per ounce on average volume. At 11am PDT today, Gold is trading at $1,317 per ounce, down $1 per ounce. SILVER Silver has been trading above and below the $21 support level, reaching a low of $20.88 and a high of $21.22. At 11am PDT today, Silver...(Read More) -
German gold reserve will remain in U.S after positive audit
(Read More)Last year, Germany blew up headlines when its central bank – the Bundesbank – announced that it was planning to repatriate its gold from the United States Federal Reserve, the Bank of England and the Banque de France. The Bundesbank owns nearly $200 billion worth of gold, but only a third of it is stored in Frankfurt. . .
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These 3 charts tell you to buy gold: Top technician
(Read More)Gold has gone nowhere fast over the past two weeks, trading in a mere $30 range. But Carter Worth, chief market technician at Sterne Agee, predicts that the metal is about to heat up—beating a path to the upside that leads gold prices up to $1,500 per ounce, which would be the highest level since April 2013. . .
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Daily Market Report 07/03/14
GOLD This morning, the Labor Department reported that U.S. employment growth jumped in June and the jobless rate closed in on a six-year low. Non-farm payrolls increased by 288,000 jobs last month and the unemployment rate fell to 6.1 percent, its lowest level since September 2008. This news was good for the economy and negative for the Gold price today...(Read More) -
Daily Market Report 07/02/14
GOLD This morning, the Gold market made its second attempt to break above the $1,332 per ounce resistance level, reaching $1,332.20 before seeing short term profit taking. Considering we are in the summer months, Gold demand has been surprisingly strong. At 11am PDT today, Gold is trading at $1,329 per ounce, up $3 on average volume. SILVER Silver continues...(Read More) -
Daily Market Report 07/01/14
GOLD Gold is trading today at a 3 month high, with trading volume and open interest on the CME continuing to pick up. Gold made its first attempt at breaking the $1,332 per ounce resistance level this morning, by reaching $1,332.50 for a short period before seeing short term profit taking. At 11am PDT today, Gold is trading at $1,326...(Read More) -
Daily Market Report 06/30/14
GOLD Gold continues to show excellent price support and increasing accumulation. I am excited about this Week’s Market Report, as I am saying that the Gold market is moving into a bullish stage and will be moving up. https://www.mintstategold.com/investor-education/cat/markets/ Today, Gold tested the $1,310 level and quickly rallied on excellent demand to move back to $1,322 per ounce. At 11am...(Read More) -
Weekly Market Report 06/30/14
This Week’s Headlines: Gold Gold Heading to a New All-Time High Gold Fundamentals Have Never Looked Better Silver Recommended Investment Commitment and Diversification GOLD Last week’s Gold trading was truly the definition of what market consolidation looks like. Gold closed between $1,317 and $1,322.60 per ounce all five trading days, with an amazingly small $5.60 high/low range. Given that one...(Read More) -
Daily Market Report 06/27/14
GOLD Gold continues to consolidate in the $1,310 to $1,323 range today, while building an excellent base for the next move higher. Physical demand within the U.S. continues to be good, which is surprising considering we are now in the summer months. At 11am PDT today, Gold is up $2.50 per ounce, trading at $1,319 on normal volume. SILVER...(Read More)
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