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Barry Stuppler

  1. Daily Market Report 5/10/13

    GOLD Today’s very strong U.S. Dollar, combined with an announcement from the G7 monetary meeting that “Gold could retest the $1,322 low”, and a statement by Bank of America Merrill Lynch “That Gold could hit $1,200 per ounce in the short-term”, caused the Gold price to breakdown below the current $1,450 per ounce support level. After the support level was...
    (Read More)
    By Barry Stuppler
    | May 10 2013
    Posted in Daily Market Report

  2. Daily Market Report 5/9/13

    GOLD Today Gold has been consolidating in the $1,460 to $1,480 per ounce area. The sentiment in the trading pits has recently changed. Most professionals on the trading floor that I speak with are now buying on dips, versus remaining neutral or selling on rallies. This is very positive for the short term direction of Gold. However, I still need...
    (Read More)
    By Barry Stuppler
    | May 9 2013
    Posted in Daily Market Report

  3. Daily Market Report 5/8/13

    GOLD Yesterday in the U.S., and early this morning during Asian trading, Gold tested the $1,450 per ounce support level and HELD on a very heavy volume of trading. This is the third time Gold showed sizeable demand under $1,450 per ounce. Now, Gold should breakout above the $1,490/$1,500 resistance level and continue its move higher. Today, in the face...
    (Read More)
    By Barry Stuppler
    | May 8 2013
    Posted in Daily Market Report

  4. Daily Market Report 5/7/13

    GOLD Gold dropped $28.00 per ounce this morning as news of Vietnam’s intention to sell 10 tons of Gold caused heavy selling in the Asian markets. While central bank sales are generally off market transactions, the fear is that Vietnam’s decision could be a harbinger of broader central bank sales in the region. Additional negative news that the paper Gold...
    (Read More)
    By Barry Stuppler
    | May 7 2013
    Posted in Daily Market Report

  5. China’s Gold Purchases Expand to Record in March

    Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the biggest consumer after India boosted purchases, underscoring increased bullion demand in the world’s second-largest economy . . . .

    (Read More)
    May 7 2013
    Posted in News Articles

  6. Who’s smartest on gold – Chinese housewives or George Soros?

    The huge surge of purchasing by Chinese - particularly Chinese women – is reported to have amounted to more than 10% of annual global mined gold output in just 2 weeks of frenzied buying . . . .

    (Read More)
    May 7 2013
    Posted in News Articles

  7. Daily Market Report 5/6/13

    GOLD Today we are seeing excellent consolidation in the Gold market. After April’s price volatility, Gold is now developing an excellent trading range in the $1,450 to $1,490 per ounce levels. At 11am PDT today, Gold is up $4.00 per ounce trading at $1,469 per ounce on excellent volume. Late last Friday a report by the Commodity Futures Trading Commission...
    (Read More)
    By Barry Stuppler
    | May 6 2013
    Posted in Daily Market Report

  8. Weekly Market Report 5/6/13

    This Week’s Headlines: GoldChina’s Real Gold-Reserves at 4,000 Tonnes?Federal Reserve ponders increasing stimulus, and lower inflation SilverDemand for .999 U.S. $1 Silver Eagles is soaringRare Coin Market UpdateThe April 2013 CoinStats is now availableRecommended Investment Commitment and Diversification   GOLD After the excessive price volatility in April, (ranging from $1,321 on the low to $1,604 on the high), it was...
    (Read More)
    By Barry Stuppler
    | May 6 2013
    Posted in Weekly Market Report

  9. China’s Real Gold-Reserves At 4,000 Tonnes?

    Since the Crash of ’08 exposed the global financial system as simply one, big Ponzi-scheme ticking-down to implosion; one of the most public and emphatic economic policies of China’s government has been the rapid/relentless accumulation of more gold reserves to “back” its own monetary system . . . .

    (Read More)
    May 6 2013
    Posted in News Articles

  10. Daily Market Report 5/3/13

    GOLD Gold reached $1,488 per ounce in Asia this morning before the U.S. Labor Department announced that the U.S. economy added 165,000 net new jobs and the unemployment rate dropped to 7.5%, its lowest level in more than five years. The financial markets feel that positive economic signs, like an improvement in employment numbers, would make the Federal Reserve less...
    (Read More)
    By Barry Stuppler
    | May 3 2013
    Posted in Daily Market Report

Items 4551 to 4560 of 5416 total

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