Barry Stuppler
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Daily Market Report 3/1/13
GOLD Reports of weak economic growth in Europe have led to a weaker Euro versus the U.S. Dollar today. A strong U.S. Dollar is bearish for Gold, and we are seeing Gold trade today between $1,571 and $1,588 per ounce on light volume. At 11am PDT today Gold is trading at $1,574 per ounce, down $4 on light volume.The short...(Read More) -
Golds price may have changed but the fundamental drivers havent
(Read More)Gold prices may have fallen in the short-term, but this bull market is far from over
Only a week ago, the price of gold plunged below $1600 due to the US Federal Reserve’s Federal Open Market Committee minutes from its latest meeting at the end of January. Although prices began to slip ahead of the release of the minutes, the selling accelerated after the minutes hinted that the Fed could possibly end its QE3 debt-monetization campaign sooner rather than later . . . .
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Daily Market Report 2/28/13
GOLD Gold traded above the $1,600 per ounce level briefly last night in Asia but couldn’t hold. This morning I saw some technical selling based on not holding $1,600, which drove the price down to $1,574 per ounce. At 11am PDT today, Gold is trading at $1,578, down $19 per ounce on average volume. SILVER The Silver price rallied in...(Read More) -
Daily Market Report 2/27/13
GOLD After a $42 rally in the past two days Gold traded lower today. An additional bearish factor is the U.S. dollar’s strength versus the Euro based on the Italian election results. After reaching a high of $1,618 per ounce yesterday Gold needs to stay above the key $1,600 support level. At 11am PDT today Gold is trading at $1,597...(Read More) -
Daily Market Report 2/26/13
GOLD The International Monetary Fund (IMF) released data today showing that Russia and Turkey had added 12.7 and 10.3 tons of Gold, respectively, in the month of January. This combined with Fed Chairman Ben Bernanke giving Congress indications that the Fed would not cut short the current quantitative easing program of purchasing assets at the rate of $85 billion per...(Read More) -
Weekly Market Report 2/25/13
This week I am really excited to announce that my 2013 Hyperinflation booklet is now complete and has been mailed out to over 2,000 clients. This Hyperinflation study has been totally revised from last years and now contains 40 pages of pictures, charts, and graphs, plus a table of contents that allows you to locate the information that is of...(Read More) -
Daily Market Report 2/25/13
GOLD This morning in Asia, Europe and the U.S. we saw strong demand for gold and silver. Gold was up from the opening and reaching $1,594 per ounce during trading. At 11am PDT today gold is trading at $1,587, up $13 per ounce on excellent volume. Moody’s Downgrades Great Britain’s Debt Moody’s dealt Britain its first sovereign rating downgrade on Friday...(Read More) -
Daily Market Report 2/22/13
GOLD Gold had an exciting week, dropping $30 per ounce due to margin call selling after breaking through the $1,600 per ounce support level. Gold has found short term support at $ 1,555 level yesterday and has over the over the past two years found long term support at $1,525 per ounce. Over the weekend we will have Italy’s elections...(Read More) -
Daily Market Report 2/21/13
GOLD Yesterday Gold dropped $30 per ounce right after the CME commodity exchange opened in N.Y. on rumors that a large commodity hedge fund had been forced to liquidate its holdings. Later in the day the Federal Reserve released minutes from its January 30 meeting, showing our central bank may slow or stop buying the $85 billion worth of assets...(Read More) -
Money printing damage to markets is done whatever Fed does next, Gold’s time still coming
(Read More)Stocks tumbled by the most in three months yesterday after news that Federal Reserve members are divided over the effectiveness of money printing through QE. The markets reacted as though the inflation of . . . .





