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Barry Stuppler

  1. 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)
    By Barry Stuppler
    | October 24 2013
    Posted in Daily Market Report

  2. Switzerland’s Gold Exports Go Through The Roof

    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. . . . .

    (Read More)
    October 24 2013
    Posted in News Articles

  3. 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)
    By Barry Stuppler
    | October 23 2013
    Posted in Daily Market Report

  4. 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)
    By Barry Stuppler
    | October 22 2013
    Posted in Daily Market Report

  5. 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)
    By Barry Stuppler
    | October 21 2013
    Posted in Weekly Market Report

  6. 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)
    By Barry Stuppler
    | October 21 2013
    Posted in Daily Market Report

  7. 7 Reasons Why Gold Prices Are Poised to Take Off Again

    I have every reason to believe gold will easily hit $5,000, or higher, by mid-2016 . . . .

    (Read More)
    October 21 2013
    Posted in News Articles

  8. Daily Market Report 10/18/13

    GOLD In active trading for Friday, Gold sold off slightly after yesterday’s $40 rally. It is very positive that Gold is staying well above the key $1,300 per ounce support level. At 11am PDT today, Gold is trading at $1,314 per ounce, down $9 in active trading. SILVER Silver again moved above the $22 resistance level, but couldn’t hold. Silver...
    (Read More)
    By Barry Stuppler
    | October 18 2013
    Posted in Daily Market Report

  9. Daily Market Report 10/17/13

    GOLD Gold rallied $40 per ounce today on heavy volume of buying as the dollar stumbled. As congress kicked the national debt can down the road, precious metals moved higher on the belief that this temporary deal to avoid a historic U.S. debt default will cause the Federal Reserve to delay any reduction in its monetary stimulus. A substantial increase...
    (Read More)
    By Barry Stuppler
    | October 17 2013
    Posted in Daily Market Report

  10. Daily Market Report 10/16/13

    GOLD Gold traded in a narrow $1,270 to $1,288 per ounce trading range today. Considering the political events in D.C. that were changing minute to minute, this was very surprising. At 11am PDT today, Gold is trading up $9 per ounce, at $1,283 per ounce on average volume. It would be short term bullish for Gold if it could rally...
    (Read More)
    By Barry Stuppler
    | October 16 2013
    Posted in Daily Market Report

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