Barry Stuppler

This Week’s Headlines: Gold $1,000 per ounce Gold Gold bounced after Bernanke spoke Paper Investments vs Physical Demand Silver Platinum & Palladium Trading Recommendation July 2013 CoinStats now available Recommended Investment Commitment and Diversification GOLD What a great week for Gold investors, Gold was up $65 per ounce last week, closing at $1,285 per ounce, the highest weekly increase since...

GOLD Gold sold off today, as the U.S. dollar strengthened and professionals took some short term profits. This week we have seen the biggest weekly gain for Gold in nearly two years. After watching Gold rally $66 (5.4%) since last Friday it is important to watch the key $1,300 per ounce resistance level for a breakout. While talking to professional...

GOLD Yesterday the June 18 & 19 Federal Open Market Committee (FOMC) meetings minutes were released to the general public. Those minutes showed that about half of the Federal Reserve’s 19 senior officials felt that they would support ending the central bank’s monthly purchase of $85 billion in bonds by year-end and not any earlier unless the unemployment number, currently...

GOLD Gold declined this morning in Asia after China’s exports unexpectedly fell in June. Investors wait for the release of possibly negative minutes from the Federal Open Market Committee’s meeting last month amid bets that the U.S. Federal Reserve will begin reducing stimulus. At 11am PDT today, Gold is trading at $1,250 per ounce, up $5 on average volume. SILVER...

GOLD Chinese consumer prices rose 2.7% year on year in June, up from 2.1% in May, and the highest since February. Higher pork prices, a major component of China’s consumer price basket, were the biggest contributor to the jump. Rental costs also edged higher, a reflection of how Chinese property inflation has accelerated this year. This news release spurred heavy...

This Week’s Headlines: Gold Why was the June jobs report so negative for Gold? Hong Kong Gold exports to China jump 36% in May Silver Platinum & Palladium Trading Recommendation Collectible Coin Protection Act Recommended Investment Commitment and Diversification GOLD Early last week we saw the Gold markets bullish reaction to what technical analysts called on Friday June 28, 2013...

GOLD Friday’s Gold sell off drove the price down to as low as $1,206 due to the better-than-expected increase of 195,000 jobs in the June report. This beat consensus expectations of 165,000. This morning Gold opened higher in Asia and kept on rallying, reaching a high of $1,238 per ounce. At 11am PDT today Gold is trading at $1,237 per...

GOLD The Gold price has traded between $1,246 and $1,261 per ounce today on average volume. At 11am PDT today, Gold is trading at $1,253.70 per ounce, up $10.30 per ounce. Investors swapping paper Gold for physical Gold is increasing As of June 28, 2013 investors have sold 586 metric tons of paper Gold from their exchange-traded Gold funds since...

GOLD Gold looks to be consolidating its recent gains in the $1,244 to $1,267 per ounce price range. A combination of a strong U.S. Dollar and continued short covering has provided a mixed message for the direction of the market. Trading volume, starting tomorrow, should lighten up as we approach the Independence Day holiday. At 11am PDT today, Gold is...