Barry Stuppler
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Weekly Market Report 05/19/14
This Week’s Headlines: Gold John Paulson Holds On to his Major Gold Investment Silver Recommended Investment Commitment and Diversification GOLD Gold rallied above the key $1,300 per ounce level last Wednesday based on renewed violence between Ukrainian soldiers and Pro-Russian separatists and weak U.S. economic news from the April Producer Price Indicator. Then, on Thursday, weak unemployment numbers combined with...(Read More) -
Daily Market Report 05/16/14
GOLD In typical Friday type trading, the Gold market stayed within a $10 price range ($1,288 to $1,298) on light volume. At 11am PDT today, Gold is trading at $1,293, down $3 per ounce on light weekend volume. SILVER The Silver price has been weak since the market opened, trading as low as $19.24 per ounce. At 11am PDT...(Read More) -
Paulson Sticks With Gold Stake for 3rd Straight Quarter
(Read More)Billionaire hedge fund manager John Paulson stuck with his holding in the biggest exchange-traded product backed by gold as prices rebounded on the escalating tension between Ukraine and Russia. . .
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Daily Market Report 05/15/14
GOLD Two major economic indicators were released today. The U.S. Labor Department reported that last week’s Unemployment Claims hit a seven year low. The Consumer Price Index increased 0.3% last month, as the cost of gasoline surged. These economic indicators are considered negative for Gold and it moved lower today. At 11am PDT today, Gold was trading at $1,296 per...(Read More) -
Daily Market Report 05/14/14
GOLD Gold rallied to $1,309 this morning on news that seven Ukrainian soldiers were killed in an ambush by Pro-Russian separatists in eastern Ukraine. This news, plus release of the April Producer Price Indicator, showed weakness in the U.S. economy. Both news items are bullish for the Gold price. At 11am PDT today, Gold is trading at $1,305 per ounce...(Read More) -
Daily Market Report 05/13/14
GOLD Gold traded in a very tight $9 price high/low range today ($1,298 to $1,289 per ounce). The precious metal markets are waiting for some announcement or news that can give it a short term direction. At 11am PDT today, Gold is trading at $1,293, down $3 per ounce on average volume. SILVER Silver showed good demand at the...(Read More) -
Weekly Market Report 05/12/14
This Week’s Headlines: Gold Chinese Consumer Inflation at 18 Month Low Silver Silver Institute April 2014 Report Recommended Investment Commitment and Diversification GOLD Gold rallied back above the key $1,300 per ounce support level on May 2nd and stayed above for the next two trading days, until Wednesday May 7th. On that day Russian President Putin stated he would move...(Read More) -
Daily Market Report 05/12/14
GOLD Gold traded at a low of $1,281 per ounce in the early Asian morning trading. The sell-off was likely caused by comments the Chinese premier made over the weekend in which he said China needs to react to the slowing pace of economic growth. After reaching $1,281 per ounce, Gold quickly rallied on fresh buying to $1,304 per ounce...(Read More) -
Silver Institute April 2014 Report
(Read More)Seventy-three percent of silver jewelry retailers reported increased sales last year, according to Silver Jewelry Buying Trends, a survey conducted by trade publication National Jeweler on behalf of the Silver Institute’s Silver Promotion Service (SPS). . .
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Daily Market Report 05/09/14
GOLD Gold is trading on light volume in a thin $9 per ounce high/low ($1,294/$1,285) range today. Russian President Putin’s plan to allow more Chinese investments in Russia, avoiding the U.S. and ECU sanctions, didn’t have any effect on the precious metal prices. At 11am PDT, today Gold is trading at $1,287 per ounce, unchanged from yesterday. SILVER Silver...(Read More)





