Barry Stuppler
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Gold smuggling surges with govts import curbs
(Read More)Apr-Sep seizures higher than in past 24 months; annual haul set to be 50% higher than total of past decade; at least 90% of illegal flow estimated to get in . . . .
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Weekly Market Report 10/28/13
This Week’s Headlines: Gold Silver Rare Coin Market Update Recommended Investment Commitment and Diversification GOLD The recent upward trend in Gold continued last week, increasing $38 per ounce for the week. Since October 15, Gold has gone up $100 per ounce and closed above $1,350 per ounce on Friday, Oct. 25. Right now Gold is trading above the very important...(Read More) -
Daily Market Report 10/28/13
GOLD Gold traded in a nice tight price range today, from $1,346.30 to $1,362.10 per ounce. $1,355 is an important level that many technical analysts are watching. A close above that level could be very bullish for the Gold chart and could drive the price to $1,400 per ounce on the short term. FOMC meeting is scheduled for Wednesday and...(Read More) -
Daily Market Report 10/25/13
GOLD Considering this is a Friday, normally a quiet day with a thin trading range, Gold is behaving very well. Gold was able to reach $1,356 per ounce, above the recent $1,350 short term resistance level. I believe, based on any bullish announcement from the Federal Reserve next week we could easily see a major break out. Physical demand for...(Read More) -
Daily Market Report 10/24/13
GOLD During trading in Asia last night, China, the world’s biggest Gold buyer, reported very positive manufacturing data. Based on that news the Gold market rallied, breaking above the $1,345 per ounce resistance level. Gold continued to rally, reaching $1,352 per ounce on the CME exchange. At 11am PDT today, Gold is up $14 per ounce, trading at $1,347 per...(Read More) -
Switzerland’s Gold Exports Go Through The Roof
(Read More)Gold inched up in London as the dollar fell to a two year low against the euro. The yellow metal is on track for a four week high, as investors buy precious metals on increased safe haven demand. The poor economic data published recently in the U.S. is signalling that the economic recovery is on shaky ground, and this has increased the allure of bullion. . . . .
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Daily Market Report 10/23/13
GOLD Today, Gold is showing excellent consolidation in the current price range, actively trading between $1,329 and $1,342 per ounce. There was no significant bullish or bearish precious metal news today. At 11am PDT today, Gold is trading at $1,333 per ounce, down $7 per ounce on average volume. SILVER Today was an uneventful day in the Silver Market, with...(Read More) -
Daily Market Report 10/22/13
GOLD The U.S. government announced today that the economy gained only 148,000 jobs in September, well below the expected 180,000 jobs. The official unemployment rate now has fallen from 7.3% to 7.2%. This report continued to show little improvement in the labor market, and confirms that the Federal Reserve is not likely to reduce its current $85 billion monthly stimulus...(Read More) -
Weekly Market Report 10/21/13
This Week’s Headlines: Gold Fundamental reasons for this turn in the Gold price Silver October 2013 CoinStats now available Recommended Investment Commitment and Diversification GOLD Last week Gold crossed and closed above the important $1,300 per ounce resistance level (also showing excellent support above the major $1,250 per ounce support level). At the end of the week Gold had closed...(Read More) -
Daily Market Report 10/21/13
GOLD After last week’s $46 rally, Gold is building an excellent trading range in the $1,310 to $1,325 per ounce level. This trading action shows excellent consolidation for Gold, while staying above the key $1,300 per ounce support level. At 11am PDT today Gold is trading at $1,316, down $7 from Friday’s close on average trading volume. SILVER Finally, Silver...(Read More)





