Barry Stuppler
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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...(Read More) -
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...(Read More) -
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...(Read More) -
China Starts To Make a Power Move against the U.S. Dollar
(Read More)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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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...(Read More) -
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...(Read More) -
Daily Market Report 2/21/14
GOLD Gold is trading in a tight $9 per ounce price range today from $1,316 to $1,325 per ounce. I am seeing great and very healthy consolidation after the recent $70 sharp rally. At 11am PDT today, Gold is trading at $1,323 per ounce, up $6 per ounce on average Friday volume. Gold Continues to Move from West to East...(Read More) -
Daily Market Report 2/20/14
GOLD Gold is trading lower this morning after the release of the Federal Reserve minutes late yesterday, showing that officials couldn’t agree about the outlook for short-term interest rates. Gold tested support at $1,307 this morning before demand appeared. At 11am PDT today, Gold is down $3, trading at $1,317.00 per ounce on average volume. Gold Smuggling Doubled in India...(Read More) -
Daily Market Report 2/19/14
GOLD After nine consecutive trading days of moving higher (up $74) Gold is finally taking a breather. Price consolidation would be very healthy for Gold, allowing it to build new long positions above the key $1,300 per ounce support level. At 11am PDT today, Gold is trading at $1,320 per ounce, down $4 per ounce on excellent volume. SILVER Silver...(Read More) -
Weekly Market Report 2/18/14
This Week’s Headlines: Gold Does China Plan to Use Gold to Internationalize the Yuan? World Gold Council Releases 2013 Gold Demand Numbers 2014 44-Page Gold Booklet is Being Mailed Out This Week Silver Recommended Investment Commitment and Diversification GOLD Gold’s price has increased for the past eight consecutive trading days, closing last Friday at $1,319 per ounce. Gold was up...(Read More)





