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Barry Stuppler

  1. Daily Market Report 11/22/13

    GOLD After Gold’s drop below the $1250 level it’s been surprisingly calm trading in the mid $1240’s for the last 48 hours. Volume has increased during the past few days as fresh buying enters the market at these attractive levels, which has helped stabilize the market. At 11am PDT today, Gold is up $0.70 per ounce, trading at $1,244 per...
    (Read More)
    By Barry Stuppler
    | November 22 2013
    Posted in Daily Market Report

  2. Hard to Believe but Gold Remains in a Bull Market!

    In case anyone is wondering, the long-term bull for gold remains intact. However, it sure doesn’t feel like it. The daily trend is down, the weekly trend is down and the monthly trend is down. So how can the long-term bull remain intact? It is based on the . . . .

    (Read More)
    November 22 2013
    Posted in News Articles

  3. Daily Market Report 11/21/13

    GOLD The Federal Reserve October policy minutes that were released yesterday showed a possibility that they may be reducing the $85 billion monthly stimulus program within a few months. This was considered negative for Gold, and Gold sold off sharply. Gold found great support and demand this morning after reaching $1,236 per ounce. At 11am PDT today, Gold is trading...
    (Read More)
    By Barry Stuppler
    | November 21 2013
    Posted in Daily Market Report

  4. Daily Market Report 11/20/13

    GOLD Gold dropped to $1,255 per ounce this morning as investors awaited the release of the minutes of the Federal Reserve’s October policy meeting later in the day, hoping for clues on when it will trim its monetary stimulus program. At that point, demand increased and the market quickly moved back above $1,263 per ounce. It appears as the Gold...
    (Read More)
    By Barry Stuppler
    | November 20 2013
    Posted in Daily Market Report

  5. Daily Market Report 11/19/13

    GOLD Gold is trading today in a very thin $10 High/Low price range, awaiting any news that would provide direction. Gold has major long term support at $1,250 per ounce and resistance at $1,300 per ounce, and is trading right in the middle of that range. Tomorrow’s release of the Federal Reserve’s October meeting minutes could give the precious metal...
    (Read More)
    By Barry Stuppler
    | November 19 2013
    Posted in Daily Market Report

  6. Weekly Market Report 11/18/13

    This Week’s Headlines: Gold World Gold Council’s 2013 Third Quarter Report Tax Loss Strategy Silver Rare Coin Report Recommended Investment Commitment and Diversification GOLD Our incoming Federal Reserve Chairman, Janet Yellen, testified before Congress last week that she was prepared to continue the current U.S. monetary stimulus program ($85 billion per month) until the U.S. unemployment rate improves. Given that...
    (Read More)
    By Barry Stuppler
    | November 18 2013
    Posted in Weekly Market Report

  7. Daily Market Report 11/18/13

    GOLD Gold rallied up to $1,289 per ounce this morning before selling appeared, driving the price down $15 per ounce. With U.S. equity markets setting records, the focus of investors is stocks, not precious metals. At 11am PDT today, Gold is trading at $1,274 per ounce, down $14 on average volume. SILVER Silver continues to show a lack of price...
    (Read More)
    By Barry Stuppler
    | November 18 2013
    Posted in Daily Market Report

  8. Daily Market Report 11/15/13

    GOLD Gold traded in a thin $11 per ounce high/low range today. There was no significant news released today that would give the Gold price direction, plus being Friday trading was light. At 11am PDT Today, Gold is up $3 per ounce, at $1,288 per ounce on light volume. SILVER Right now Silver is acting as if it will test...
    (Read More)
    By Barry Stuppler
    | November 15 2013
    Posted in Daily Market Report

  9. Daily Market Report 11/14/13

    GOLD Our in-coming Federal Reserve chairman, Janet Yellen, testified to congress today and I guess the precious metals markets liked what they heard, as Gold quickly rallied off yesterday’s lows. In-coming Federal Reserve Chairman, Janet Yellen told congress she was prepared to continue the U.S. monetary stimulus program ($85 billion per month) until the U.S. unemployment rate dropped. Yellen’s statement...
    (Read More)
    By Barry Stuppler
    | November 14 2013
    Posted in Daily Market Report

  10. World Gold Council Q3 2013 Gold Report

    Two key themes have emerged during 2013: the rising level of consumer demand off-setting outflows from ETFs, and the geographical flow of gold from western to eastern markets. In addition, a key development of the third quarter was a quarter-on-quarter decline in demand, the first Q2-Q3 drop since 2007. Two key factors contributed to this decline, the primary explanation being . . . .

    (Read More)
    November 14 2013
    Posted in News Articles

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