Barry Stuppler

  1. Daily Market Report 03/04/14

    GOLD Gold sold off 1% today on easing of tensions between the Ukraine and Russia. Gold did reach $1,331 per ounce before rallying back on fresh buying. Gold is trading within a tight range, looking for a technical break out. The following are the current technical resistance and support levels. Technical Levels for Gold: Significant upside resistance at $1357/$1361 Gold’s...
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  2. Daily Market Report 03/03/14

    GOLD Gold gained around 2% today as escalating geopolitical and military tensions between Ukraine and Russia bolstered demand for precious metals worldwide, while driving down equities and bonds. The Group of Seven major industrialized nations condemned Russia’s intrusion into Ukraine and cancelled preparations for the G8 summit, that includes Russia, scheduled for Sochi in June. Spot and US Gold futures...
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  3. Weekly Market Report 03/03/14

    This Week’s Headlines: Gold China continues to show an appetite for Gold Major Rare Coin Convention in Atlanta, Georgia The Saddle Ridge Gold coin Hoard is released Silver Recommended Investment Commitment and Diversification GOLD For the second month in a row, Gold has closed higher. Gold closed at $1,321.60 per ounce on February 28th, up $81.70 per ounce (6.5%) for...
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  4. Daily Market Report 02/28/14

    GOLD Today was the last trading day for February and Gold continues to move higher, up $81.20 for the month of February and showing an increase of $119.10 since the beginning of 2014. The SPDR Gold Trust (Symbol GLD), the biggest Gold ETF, is set for its first monthly inflow since December 2012, according to a Reuters report on Thursday...
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  5. Daily Market Report 02/27/14

    GOLD Yesterday, the Commerce Department reported that January sales of new U.S. single-family homes jumped 9.6% to 468,000 homes surging to a 5-1/2-year high. This news eased concerns of a sharp slowdown in the housing market, causing Gold to drop more than 1%. Today, Gold has been trading in a narrow range as it continues to consolidate in the $1,320...
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  6. Daily Market Report 02/26/14

    GOLD After reaching a high of $1,345 per ounce this morning, Gold finally showed some short term profit taking by selling off $18 from yesterday’s close. I believe it would be healthy of Gold to stay in a $1,320 to $1,350 per ounce trading range for a couple weeks. It would allow Gold to consolidate its recent move higher and...
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  7. Daily Market Report 02/25/14

    GOLD Gold continues to reach higher and higher today with a high of $1343 per ounce. I’m interested to see how it will test the $1350 level which should be soon. At 11am PDT today Gold is up $6.60 per ounce on strong volume. I just read an Interesting and thought provoking article from Michael Snyder called “China Starts to...
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  8. China Starts To Make a Power Move against the U.S. Dollar

    In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates. Of course the number one foreign nation that we depend on to participate in our system is China. . . .

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  9. Weekly Market Report 02/24/14

    This Week’s Headlines: Gold Why Did the US Only Give Germany Back 5 Tonnes of Gold Gold Smuggling Doubles in India Last Year Silver Major Rare Coin Convention in Atlanta, Georgia My 2014 Forty-four Page Gold Booklet has been mailed Recommended Investment Commitment and Diversification GOLD The Gold bears are on the run as Gold continues to move higher, up...
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  10. Daily Market Report 02/24/14

    GOLD Gold rallied this morning as the Federal Reserve Bank of Chicago’s announced that the national index for January was at minus 0.39, compared with analysts’ median estimate of minus 0.2. A below zero reading indicates below-trend-growth in the national economy. At 11am PDT today, Gold is up $14 per ounce, trading at $1,337 per ounce on excellent volume. SILVER...
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