Barry Stuppler
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Weekly Market Report 1/7/13
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...(Read More) -
Daily Market Report 1/7/13
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...(Read More) -
Banks win more flexible Basel III Rules
(Read More)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. . . .
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Daily Market Report 1/4/13
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...(Read More) -
Daily Market Report 1/3/13
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...(Read More) -
Daily Market Report 1/2/13
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...(Read More) -
Weekly Market Report 12/31/12
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...(Read More) -
Daily Market Report 12/31/12
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...(Read More) -
Daily Market Report 12/28/12
GOLD Today Gold has traded in a very thin $12 price range, with $1,655 the low, while $1,667 being the high. It appears that the precious metal markets are waiting for a direction from ongoing negotiations in Washington D.C. on the Fiscal Cliff. No Fiscal Cliff agreement or deal by Monday could negatively affect all financial and precious metal markets...(Read More) -
Daily Market Report 12/27/12
GOLD As news was reported from Congressional leaders on the status of the Fiscal Cliff issues, Gold first fell then rallied back on bargain hunting and short covering following the recent dips in prices. At 11am PDT today, Gold is trading at $1,662.50, up $3.10 on light volume. N.Y. Commodity Exchange (COMEX) Gold contract volume this week is less than...(Read More)





