Barry Stuppler
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Daily Market Report 3/8/13
GOLD Gold is surprisingly higher with trading in a narrow price range based on two bearish events. 1) A rally in the U.S. Dollar today, now trading under $1.29 versus the Euro.2) The U.S. government said today that the economy added 236,000 jobs in February – much stronger than the prior month. The unemployment rate fell to 7.7% from 7.9%. A...(Read More) -
Chinese must buy gold to hedge increasing dollar exposure
(Read More)Chinese must buy gold to hedge their increasing dollar exposure explains gold guru Jim Sinclair -
"There is no doubt in my mind that the price of gold is going to and through $3,500 with unimaginable volatility. All that anti-gold forces can accomplish is to add outrageous volatility to the gold market which will continue and increase in price spread for both the ups and downs . . . ."
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Daily Market Report 3/7/13
GOLD Gold prices slipped on Thursday after the European Central Bank (ECB) gave no clear hints of further monetary easing. Since the ECB had been expected to cut inflation and growth forecasts, many market analysts felt that during the recent meeting the ECB would lower interest rates. At 11am PDT today, Gold is up $1 per ounce, at $1,576 per...(Read More) -
Daily Market Report 3/6/13
GOLD Gold is trading in the $1,566 to $1,584 per ounce range this morning in Asia, Europe, and the U.S. Many dealers in Asia reported an increasing demand for physical Gold/Silver bullion investment products, in contrast with exchange traded funds (ETFs) such as GLD, which continue to see selling. One precious metal analyst calls it a "tug of war" between physical...(Read More) -
Daily Market Report 3/5/13
GOLD Gold is staying in a very narrow $14 high/low trading range today. At 11am PDT today Gold is trading on light volume up $4 per ounce, at $1,576 per ounce. I just read an interesting article from the well-respected banking firm Morgan Stanley called “The Gold Bull Market Isn’t Over, and The Reasons To Own It Are ’Evolving”. Please...(Read More) -
Daily Market Report 3/4/13
GOLD Continued strength in the U.S. Dollar (breaking below 1.29 to the Euro) is causing the weakness in the Gold market. Trading today was very lackluster in a tight range, awaiting fresh news from European leaders. CME Gold trading volume is at the low end of the recent range. At 11am PDT today Gold is trading at $1,572, down $2...(Read More) -
Weekly Market Report 3/4/13
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 special interest...(Read More) -
China Reserves Ample to Buy World’s Gold Twice
(Read More)China’s foreign currency reserves, which have surged more than 700 percent since 2004, are enough to buy every central bank’s official gold supply -- twice . . . .
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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 . . . .





