Barry Stuppler
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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 . . . .
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Is the U.S. Treasury’s NY Fed gold audit really smoke and mirrors?
(Read More)An audit by Treasury’s Inspector General’s Office of the Federal Reserve’s NY vault gold and a L.A. Times story on the audit may be misleading, an economist maintains . . . .
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Daily Market Report 2/20/13
GOLD Gold fell this morning, reaching $1,566 per ounce at one point, its lowest price in seven months in a move described largely as a reaction to a strong U.S. dollar and technical-chart-related selling. There are additional concerns of an announcement later today by the Federal Reserve of a change in their monetary policy. At 11am PDT, Gold is trading...(Read More) -
Weekly Market Report 2/19/13
I believe that last week’s precious metal trading was a pivotal point for 2013, and could have been the long awaited “weak hands clean out.” Read below for more details. GOLD (It’s time to go all-in on Gold and Silver) Last week’s Gold and Silver trading was very educational and could be a pivotal point in the recent Gold downtrend...(Read More) -
Daily Market Report 2/19/13
GOLD Today we are seeing a war in the world’s Gold and Silver markets between margin call selling and growth in new long term buyers. After a short period of time, Gold should consolidate and build a new base between $1,600 and $1,630 per ounce. At 11am PDT today, Gold is trading at $1,604.25, down $3.75 from Friday’s price on...(Read More)
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