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Barry Stuppler

  1. Daily Market Report 7/23/13

    GOLD Gold was up $43 per ounce yesterday, the highest increase in over a year. Demand was very strong and the rally happened in the face of higher U.S. Dollars and lower energy prices. Based on extraordinary physical demand numbers coming from Asia, Gold moved past the technical resistance threshold of $1,300 an ounce. Many speculators, fearing a reversal of...
    (Read More)
    By Barry Stuppler
    | July 23 2013
    Posted in Daily Market Report

  2. Odyssey Recovers 1.8 Million Ounces of Silver from Shipwreck Three Miles Deep

    Odyssey Marine Exploration (Nasdaq:OMEX) has recovered over 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from a British cargo ship that sank in February 1941, consists of  almost 1.8 million troy ounces of silver bullion in total, and sets a new record for the deepest and largest precious metal recovery from a shipwreck . . . .

    (Read More)
    July 22 2013
    Posted in News Articles

  3. Daily Market Report 7/22/13

    GOLD Gold is off and running today, breaking the $1,300 per ounce resistance level in Asia early this morning which caused many traders to cover their short positions. Short covering and fresh long purchases have driven Gold to a high of $1,339 per ounce on heavy volume. A number of major factors are responsible for driving Gold higher today. Hedge...
    (Read More)
    By Barry Stuppler
    | July 22 2013
    Posted in Daily Market Report

  4. Weekly Market Report 7/22/13

    This Week’s Headlines: Gold Gold backed Chinese Yuan? U.S. Mint Gold sales up 83% and 115% in first six months The Great Japanese Gold Rush China and India continue to report record Gold imports Senators ask Fed Chairman Bernanke about Gold Silver U.S. Silver Eagles sales on all-time record pace Platinum & Palladium Trading Recommendation July 2013 CoinStats now available...
    (Read More)
    By Barry Stuppler
    | July 22 2013
    Posted in Weekly Market Report

  5. Daily Market Report 7/19/13

    GOLD Gold was higher today as the U.S. Dollar weakened versus the Euro and Yen. This is now the second week in a row that Gold has moved higher, consolidating in the $1,270 to $1,300 per ounce price range. At 11am PDT today, Gold is trading at $1,294 per ounce, up $8 per ounce on average Friday volume. Senators ask...
    (Read More)
    By Barry Stuppler
    | July 19 2013
    Posted in Daily Market Report

  6. Daily Market Report 7/18/13

    GOLD Gold reached a low of $1,273 per ounce in Asia this morning. At that point bargain buying stepped in and took the price back above $1,280 per ounce. As the Gold price consolidates in the $1,270 to $1,300 per ounce area we are seeing excellent accumulation and demand particularly in the Asian markets. At 11am PDT today, Gold is...
    (Read More)
    By Barry Stuppler
    | July 18 2013
    Posted in Daily Market Report

  7. Why John Paulson Still Believes In His Gold Bet

    John Paulson was quick to mention that his firm’s struggling gold fund is only a modest 2% of his eponymous hedge fund firm’s total assets Wednesday, but even with the metal having an awful year the billionaire money manager still made the case to be bullish . . . .

    (Read More)
    July 17 2013
    Posted in News Articles

  8. Daily Market Report 7/15/13

    GOLD In a report to the House of Representatives Financial Services Committee the Federal Reserve Chairman Ben Bernanke said that the central bank anticipates the beginning of tapering bond purchases later this year. That policy will remain accommodative and could change depending on the incoming economic data. The Fed Chairman also said, "With unemployment still high and declining only gradually...
    (Read More)
    By Barry Stuppler
    | July 17 2013
    Posted in Daily Market Report

  9. Daily Market Report 7/16/13

    GOLD Gold moved higher today as the U.S. Dollar weakened ahead of concerns about Federal Reserve Chairman Ben Bernanke’s congressional testimony tomorrow. Many analysts expect this testimony could provide clues on the timing of the Federal Reserve’s tapering of monetary stimulus. The Gold market is trading in a very important area. If Gold could breakout above the $1,300 per ounce...
    (Read More)
    By Barry Stuppler
    | July 16 2013
    Posted in Daily Market Report

  10. Daily Market Report 7/15/13

    GOLD Gold traded actively today between $1,272 and $1,293 per ounce on excellent volume. As Gold consolidates in the current price range we continue to see strong demand for physical investment products on a global scale. At 11am PDT today, Gold is up $5 per ounce, trading at $1,284 per ounce on average summer type volume. U.S. Mint Gold Sales...
    (Read More)
    By Barry Stuppler
    | July 15 2013
    Posted in Daily Market Report

Items 4481 to 4490 of 5416 total

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