Barry Stuppler

GOLD Gold had another up week, a $152 per ounce increase in just the last three weeks.  The volume of gold trading is increasing globally and volatility is growing. As the market price moves closer to a new all-time high I expect this scenario to continue. Last week, as in the past few months, the primary mover of the precious...

GOLD Last week Gold traded in a very narrow price range, closing the week up $8.10 at $1,755.40.  Gold closed above $1,700 per ounce over the past nine trading days, building an excellent base to reach an $1,800 per ounce resistance level sometime this week. Last week Gold was surprisingly strong given that we had a very strong dollar versus...

GOLD Gold sold off $10.60 this morning over disappointment from not hearing any positive news coming out of Cannes, France, where the Group-20 leaders are meeting. Another poor Jobs report was released by the Labor Department today, showing the unemployment rate at 9.0% for the month of October. At 11am PDT Gold is trading at $1,753.90 per ounce on light...

GOLD The interest rate cut by the European Central Bank today started a gold rally in Europe this morning, which continued into U.S. trading. As of 11am PDT today, gold is trading at $1,764.50, up $30.40 per ounce on excellent volume. Chairman Bernanke has positioned the Federal Reserve to launch a QE3 program within the next few months. The Federal...