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Barry Stuppler

  1. Daily Market Report 11/30/12

    GOLD House Speaker John Boehner’s press conference this morning cast a negative impression on any quick settlement to the Fiscal Cliff crisis, thus putting pressure on the equity and precious metal markets. In overnight news the government of Japan announced a new $10.7 billion stimulus. This new plan roughly doubled the size of a stimulus package announced in late October...
    (Read More)
    By Barry Stuppler
    | November 30 2012
    Posted in Daily Market Report

  2. Daily Market Report 11/29/12

    GOLD The Gold buyers came in yesterday, after testing the $1,700 per ounce price support level, ending the day with $26 per ounce drop. This morning the market opened higher and kept on going higher. At 11am PDT Today, Gold is trading at $1,727.80 per ounce, up $9.10 per ounce on average volume. SILVER During the past two days of...
    (Read More)
    By Barry Stuppler
    | November 29 2012
    Posted in Daily Market Report

  3. Daily Market Report 11/28/12

    GOLD Earlier this morning, Gold dropped to $1,705 per ounce with very heavy volume based on negative comments coming from Senator Harry Reid on the progress of settling the Fiscal Cliff crisis before year end. After the sharp correction in the Gold price we saw sizeable demand come into the market and it rallied back to $1,720 per ounce. At...
    (Read More)
    By Barry Stuppler
    | November 28 2012
    Posted in Daily Market Report

  4. Daily Market Report 11/27/12

    GOLD  At 11am PDT today, Gold is trading at $1,744.60 per ounce, down $4.90 per ounce on average volume of trading. Gold is trading in a narrow $10 price range showing excellent consolidation. Eurozone Strikes Greek Aid Deal This morning, Eurozone leadership and international lenders reached a deal to overhaul Greece’s faltering bailout program and released a €34.4bn aid payment...
    (Read More)
    By Barry Stuppler
    | November 27 2012
    Posted in Daily Market Report

  5. Weekly Market Report 11/26/12

    This week’s Market Report provides you with an update on the precious metal market activities and the status of Gold and Silver’s support and resistance levels. I am also sharing a World Gold Council report on the 2012 Central Bank Gold demand.   GOLD After last Friday’s $23 Gold rally (caused by a weaker U.S. Dollar and labor unrest at...
    (Read More)
    By Barry Stuppler
    | November 26 2012
    Posted in Weekly Market Report

  6. Daily Market Report 11/26/12

    GOLD  Friday’s $23 rally in the Gold price broke through the $1,740 per ounce resistance level. Now, I would expect to see some consolidation in the $1,740 to $1,750 level early this week, before we resume this bullish breakout. The next resistance level for Gold is $1,800 per ounce, which we could easily hit next month. At 11am PDT today...
    (Read More)
    By Barry Stuppler
    | November 26 2012
    Posted in Daily Market Report

  7. Daily Market Report 11/21/12

    GOLD  Gold rallied this morning in spite of a stronger U.S. Dollar after European finance ministers failed to agree on a debt-reduction package for Greece. They are meeting again on Monday to work out details on a Greek bailout. At 11am PDT Today, Gold is up $3.70, trading at $1,729.50 per ounce on light weekend type volume. Data on the...
    (Read More)
    By Barry Stuppler
    | November 21 2012
    Posted in Daily Market Report

  8. Chinese Golden Plan

    China has the deepest historical appreciation of the dangers of paper money and yet they embrace it like there is no tomorrow. Have they, like their Western contemporaries, learnt nothing from history? Or are they in fact not only learning from history but from the current mess they see on the other side of the world?

    Perhaps, this was all part of the reform process. When it comes to their economic future, China’s holdings of US debt and their covert gold investment program are . . . .

    (Read More)
    November 21 2012
    Posted in News Articles

  9. Daily Market Report 11/20/12

    GOLD  Today’s Gold trading range has been very narrow, only $14 from high to low, on typically low volume for a holiday week. At 11am PDT, today Gold is trading at $1,725.80 per ounce, down $8.40 per ounce on light volume. Yesterday, Moody’s downgraded France’s bond rating from AAA to Aa1 which caused the Euro to briefly collapse before it...
    (Read More)
    By Barry Stuppler
    | November 20 2012
    Posted in Daily Market Report

  10. Silver Institute Releases Report on Silver Industrial Demand

    The Silver Institute today released a  report, The Outlook for Silver Industrial Demand,  that examines the current and future outlook for global industrial silver demand.  The 14-page report features an economic outlook, as well as current and future silver industrial demand projections in all the main categories of silver industrial demand through 2014 . . . .

    (Read More)
    November 20 2012
    Posted in News Articles

Items 4731 to 4740 of 5416 total

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