Barry Stuppler
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Daily Market Report 12/9/13
GOLD Gold opened $8 per ounce higher today as China posted its biggest trade surplus in almost five years on Sunday. Soaring exports ran ahead of modest import growth, potentially resurrecting a source of friction with the US. In November, China’s trade surplus rose to $33.8 billion from $31.1 billion the month before. Exports staged a rebound, rising 12.7% from...(Read More) -
Weekly Market Report 12/9/13
This Week’s Headlines: Gold China reports soaring exports and $33.8B Nov surplus Tax Loss Strategy Silver Pre-order 2014 First Strike Silver Eagles Recommended Investment Commitment and Diversification GOLD Last Friday Gold closed at $1,229 per ounce, down $21 per ounce on the heaviest volume of trading that I have seen in weeks. The battle between the precious metal bulls and...(Read More) -
China’s November Exports Surprisingly Strong, as Imports Grow Modestly
(Read More)China posted its biggest trade surplus in almost five years on Sunday, as soaring exports outpaced modest import growth, potentially resurrecting a source of friction with the U.S. . . . .
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Daily Market Report 12/6/13
GOLD We had exciting trade in the gold pit today. Gold was trading at $1,228 per ounce when the U.S. Labor Department announced that 203,000 jobs were added in November. This was higher than the 180,000 estimate and Gold immediately dropped $14 per ounce on concerns that the Fed would get its monthly stimulus. With Gold at $1,214 per ounce...(Read More) -
Daily Market Report 12/5/13
GOLD Gold sold off this morning on a report from the U.S. Commerce Department that the U.S. economy grew at a 3.6% annual rate in the third quarter, faster than first reported and its strongest performance in 1 1/2 years. Tomorrow’s November Employment Report could be a major catalyst for the short term direction of precious metals. The consensus is...(Read More) -
Daily Market Report 12/4/13
GOLD Recently, the value of Gold has been dramatically affected by economic news and reports. Negative news has pushed the Gold price higher, while positive U.S. economic reports have caused Gold to drop. WHY? The feeling of many professional traders is that it is all about the future direction of the Federal Reserve in regards to its monthly $85 billion...(Read More) -
Daily Market Report 12/3/13
GOLD This morning the Asian precious metal markets gave support to Gold at $1,215 and Gold quickly jumped back above $1,220 per ounce. During most of today’s Gold trading, it stayed between $1,218 and $1,226 per ounce on active trading. At 11am PDT today, Gold is down $2 per ounce, trading at $1,222 on average volume. SILVER Silver continues to...(Read More) -
Will Gold Hit $3,000 by End of 2015?
(Read More)Two significant developments hit the precious metals markets last week. One was expected and one is a real eye-opener.
The expected news was a new round of gold and silver major price suppression, which will likely continue unabated through the release of the . . . . -
Daily Market Report 12/2/13
GOLD Gold futures dropped more than $20 an ounce today as monthly data in our manufacturing sector came in better than expected, supporting the prospects for a pullback in the Federal Reserve’s monthly $85 billion bond-buying program. At 11am PDT today, Gold is trading at $1,224 per ounce, down $26 from the Friday close on heavy volume. SILVER Silver dropped...(Read More) -
Weekly Market Report 12/2/13
This Week’s Headlines: Gold Tax Loss Strategy Silver Pre-order 2014 First Strike Silver Eagles Recommended Investment Commitment and Diversification GOLD Gold established a new trading range overlast week’s holiday shortened sessions.The Gold trading range had a low of $1,226 and a high of $1,258 per ounce. The Asian volume increased dramatically when Gold was trading near the lows, while domestic...(Read More)





