Barry Stuppler

GOLD & SILVER Although reports from the Middle East and Asia over the weekend showed extraordinary physical demand for Gold and Silver, retailers reported that the current bargain prices increased their sales from five to ten times normal. However, today’s margin and panic selling in Europe and the U.S. drove the Gold price down below $1,400 per ounce. Additional fears...

This Week’s Headlines: GoldToday’s UpdateCyprus’ Gold not significantStep back and look at what is happeningSo what is the best strategy?Will history repeat itself?SilverRecommended Investment Commitment and Diversification   GOLD The initial reason behind Friday’s dramatic selloff in Gold was a statement by Mario Draghi, the President of the European Central Bank (ECB). During a press conference last Friday, Draghi said...

GOLD This morning Gold fell along with other commodities as the dollar rose on a weak batch of U.S. data and as the psychological impact of potential selling of the precious metal from Cyprus continued to take its toll.  Rumors that Cyprus’s gold will be sold directly into the open market, rather than being used as collateral for the IMF...

GOLD After yesterday’s correction, Gold moved higher and has stayed in a relatively tight $15 trading range today. Gold hit major support around $1,553 per ounce earlier this morning before seeing major short covering and fresh buying interest. Gold is showing excellent strength in the face of another 13 ton drop in the Gold ETF (GLD) SPDR’s holdings, down to...

GOLD A combination of Fed minutes showing a possible early break in U.S. monetary stimulus, a cut in the Gold price forecast by Goldman Sachs, and the sale of $520 million in Gold (10 tonnes) by Cyprus, have driven Gold lower today, reaching $1,556 per ounce at one point. At 11am PDT today, Gold is trading at $1,560 per ounce...

GOLD It’s about time investors begin to realize that Gold demand is greater than the supply and at the current price level it is undervalued. This morning a Gold rally started in New York right after the open, and continued gaining strength as the trading day progressed. A weaker U.S. Dollar against the Euro was also a helpful factor. At...

GOLD After last week’s volatility in the Gold market, it appears that the Gold price is consolidating in a tight trading range today. Gold has traded today with a low of $1,566 to a high of $1,582 on a normal volume of trading. At 11am PDT today, Gold is trading at $1,574, down $3 per ounce on average volume. Central...

This Week’s Headlines: GoldGold’s Tug of War ContinuesMore Monetary Stimulus helps bullish fundamentals for GoldLow Gold price projected to increase India’s demandSilverPlatinum & PalladiumRare Coin Market Recommended Investment Commitment and Diversification   GOLD Last week’s Gold trading was very exciting. After dropping $48.50 on Tuesday, Wednesday, and Thursday, to $1,540 per ounce, Gold made an extraordinary inter-day reversal on trading...