Barry Stuppler

GOLD Yesterday in late trading, Gold broke out above the $1,655 per ounce level. In early Asian trading Gold is showing excellent demand while holding above the key $1,650 per ounce level on active trading. According to the Hong Kong government, China imported 90.764 tonnes of Gold in November, almost doubled from the 47.478 tonnes in October. During the first...

GOLD In overnight Asian commodity markets, Gold stayed within a narrow price range, trading between $1,646 and $1,653 per ounce. I am seeing increased demand for physical Gold bullion products. I am on my way to Orlando for the a major rare coin and precious metal convention, and I will have an opportunity to speak with many of my friends...

This week we are accepting pre-orders for the 2013 1oz Gold & Silver Eagles at today’s low prices. These are the First Strike 2013 Gold and Silver Eagles in mint sealed boxes or PCGS/NGC MS70 holders. Whether you are interested in certified 2013 Gold sets or the popular sealed boxes of 500 Silver Eagles (First Strike Green Monsters) see below...

GOLD Gold reached $1,662 per ounce in overnight Asian trading and when Europe and New York opened, we saw selling that drove down the price to $1,642 per ounce.  At 11am PDT Today, Gold is trading at $1,647 per ounce, down $3.20 per ounce on average volume. SILVER  Silver has been over and under the important $30 per ounce support...

International banks received a new year fillip when regulators announced that the first ever global liquidity standards would be less onerous than expected and not be fully enforced until 2019, four years later than expected.

Aimed at preventing a repeat of the 2008 bank collapses, the “liquidity coverage ratio” (LCR) announced on Sunday marks the first time that global regulators have sought to require individual banks to hold enough cash and easy-to-sell assets to allow them to survive a short-term market crisis. . . .

GOLD Late yesterday the minutes of the December Federal Reserve’s Open Market Committee (FOMC) meeting were released. The minutes showed that three governors felt that the latest round of quantitative easing may not be needed past the end of 2013. This news was bullish for the U.S. Dollar, but very bearish for precious metals and the price of Gold dropped...

GOLD Yesterday we finally saw the reaction to precious metals as a result of Tuesday’s Fiscal Cliff legislations, and it was very bullish. Gold was up $13 per ounce on the highest volume of trading I have seen in the past two weeks. Gold did reach $1,695 per ounce yesterday with Japan and China closed for the holiday. Today, in...

GOLD Gold ended 2012 at $1,674.80 per ounce, up 7% or $109.60 per ounce for the year. This is the eleventh year in a row that ended the year higher, with an average annual increase over the past eleven years of 18.16%.  At 8pm PDT last night, the House of Representatives passed compromise legislation (257 to 167) that originated from...

This week we are accepting pre-orders for the 2013 1oz .999 Silver Eagles at today’s low prices. For more information on purchasing the First Strike 2013 Silver Eagles in quantities of 100 or more, including the popular sealed boxes of 500 pieces (First Strike Green Monsters) see below.   GOLD I feel that the lower Gold price streak of the...

GOLD Gold has traded in a very narrow $8 high/low price range today awaiting news from Washington on settlement of the Fiscal Cliff legislation. At 10:45am PDT today the President announced that Congress is close to an agreement on the primary Fiscal Cliff issues and the Gold market moved up $20 per ounce. At 11am PDT, Gold is trading at...