Barry Stuppler

GOLDIn Greece, New Democracy, the country’s mainstream center-right party, has declared that it will not be able to form a government. This has caused instability within the Euro-zone nations and the euro has fallen versus the U.S. Dollar. As the U.S. Dollar moves higher in value against other currencies, it drives down the value of Gold and Silver. Therefore we...

The Market Report provides you with an update on the precious metal markets. This week I discuss the results of an American Investor Gallup Poll and “Why is the new President of France bullish for Gold and Silver?”   GOLD Another week of base building with gold apparently locked into a trading range of $1,630 to $1,670 per ounce.  It’s...

GOLDGold declined on Monday based on political upheaval in France and Greece leading to a weaker euro (stronger U.S. Dollar) and softer commodity markets. At 11am PDT, Gold is trading at $1,639.60, down $4.90 per ounce on very active volume.  Why is the new French President bullish for Gold and Silver prices?The new French President, Francois Hollande (a socialist) has...

GOLDThis morning, the U.S. Labor Department stated that our economy added just 115,000 jobs in April, below a forecast of 173,000 making the jobless rate 8.1%. Gold rallied $20 after the announcement because this added to the reasons why the Federal Reserve should consider QE3 to keep our economy from another recession. At 11am PDT, Gold is trading at $1,644.50...

GOLDGold was under pressure on Thursday after disappointing data from both sides of the Atlantic fueled concerns about global growth, while investors awaited a rate decision by the European Central Bank tomorrow for more input on trading direction. At 11am PDT, Gold is down $19.20 per ounce, trading at $1,634.40 per ounce on an average volume.               April Gallup poll...

Precious metals have been relatively quiet this week. After posting its best weekly gain in two months, gold is trading slightly lower at about $1,650 per ounce. Meanwhile, silver is trading near $30.50 per ounce. Gold and silver are currently taking a pause, but have been in a bull market for more than a decade and apparently Americans are taking notice.

According to a recent Gallup poll . . . .

GOLDGold has been weaker today based on a stronger U.S. Dollar. Gold traded between $1,645 and $1,661 per ounce for most of the day.  At 11am PDT, Gold is down $9.10 per ounce holding at $1,653.60 per ounce. The Commerce Department reported today that orders for goods produced in U.S. factories dropped 1.5% in March, the biggest decline in three...

GOLDGold was range-bound from $1,656 to $1,672 today as commodity trading in a number of Asian precious metal markets, including China, Hong Kong, India, Malaysia, Philippines, Singapore, South Korea, Thailand, Taiwan and Vietnam, are closed for the May Day holiday. At 11am PDT, Gold was trading at $1,662.50, down $2.90 on light volume.                                                                                    Can 2 ½ Million Chinese be...

This week’s Market Report provides you with an update on the precious metal markets and I discuss “Why I am confident that the price of gold is going to set new all-time highs this year.” GOLD Gold ended last week up $22 per ounce, closing Friday afternoon at $1,664.80 on heavy volume. I believe that last week the price of...

GOLDGold has rallied today based on a slower U.S. GDP growth for the first quarter and another sovereign government increasing its monetary stimulus. The Bank of Japan announced it will expand stimulus and will purchase 10 trillion yen ($125 billion U.S. Dollars) of government bonds. This means the total Japanese stimulus package is now 40 trillion yen ($500 billion U.S...