Barry Stuppler
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China to install more than 2,000 gold ATMs
(Read More)The return to real money is making swift gains as public distrust and uncertainty about the viability of fiat currencies continues to grow. And according to a recent report inDigital Journal, some countries, including China, are actually installing automated teller machines (ATM) that dispense gold bullion rather than paper currency....
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Daily Market Update 10/12/11
GOLD Off and running again, Gold demand is building in Asia, physical shortages are being reported in Singapore and premiums on bullion coins and bars have increased. At 11am PDT Gold was up $20.40 , trading at $1,681.40 per ounce on excellent volume. Bolivia has joined the club of Central Banks building up their gold reserves, by adding 7 metric...(Read More) -
Daily Market Update 10/11/11
GOLD In late trading Monday, the gold price reached $1,685 before we saw some light profit taking. Global gold demand is still strong with the market trading overnight in the $1,655 to $1,685 price range. The market sold off this morning on concerns over the Slovakia vote on passage of the Eurozone’s EFSF bailout fund. At 11am PDT gold was...(Read More) -
Daily Market Update 10/10/11
GOLD German chancellor Angela Merkel and the President of France, Nicolas Sarkozy met this weekend in Berlin. After two days of discussions they finally reached an agreement on most of the key issues. They promised to release a 5 point comprehensive package to stabilize the Euro, and sweeping recapitalization of the European banks by the end of this month. After...(Read More) -
Weekly Market Report 10/10/11
GOLD Last week was calm compared to last month. Gold was up $13.50 for the week, closing at $1,635.80 per ounce on respectable volume. The European sovereign debt and banking solvency problem remains on the forefront of news and is affecting the world’s precious metal and equity markets. (Read more details below) Eurozone nations and bank debt downgrades kept coming...(Read More) -
Daily Market Update 10/07/11
GOLD Early this morning, the Labor Department reported a September increase of 103,000 in non-farm jobs. The increase was larger than the 59,000 gain expected by Wall Street economists. The Stock Market, U.S. Dollar, Oil, Gold and Silver were all trading higher, then the Fitch Agency downgraded the debt of Italy and Spain and everything went south quickly. To see...(Read More) -
Gold Prices Spurred Higher by More QE in Europe
(Read More)Precious metal prices rose yesterday on news of more quantitative easing (QE) by central banks in Europe. The most actively traded Comex gold contract, for December delivery, rose $11.60 (0.7%), settling at $1,653.20 per troy ounce. Platinum for January delivery was up 1.7% to $1,508.10 per ounce, while palladium for December delivery settled up 5% to $598 per ounce. However – and unsurprisingly on a day when hedge funds were buying “risk” assets and inflation expectations were rising – silver was the best performer of the precious metals, with the December contract gaining 5.5% to settle at $32.005 per ounce....
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Daily Market Update 10/06/11
GOLD QE (Quantitative Easing) is in the news today as both the Bank of England and the ECB announce sizeable quantitative easing programs to re-capitalize banks. The programs are very similar to the U.S. TARP program of 2008, to build up the financial strength of the banks ahead of any major debt default. The announcements pushed gold up $8.10 per...(Read More) -
Silver Eagle bullion coins sales headed for another record-setting year
(Read More)With the U.S. Mint recording its second best sales month ever for Silver Eagles in September, expectations are high that trade in American Silver Eagle bullion coins may shatter records again this year....
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Daily Market Update 10/05/11
GOLD There’s a Bull/Bear war occurring on the world’s commodity exchanges, and after hitting $1,595 per ounce in Asia, trading gold appears to have found support and increased demand. Gold’s inverse relationship with the equity markets appears to have changed, and fresh news about the Eurozone debt crisis (See below) that’s interpreted as positive for stocks and bonds, now can...(Read More)
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026
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Gold & Silver Fall on U.S. Naval Ship Firing at Iranian Vessel ByApril 20 2026
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Gold & Silver Rally As the Strait of Hormuz Are Open ByApril 17 2026
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BofA Sees 60% Jump in Commodities Trading Fueled by Oil and Gold ByApril 17 2026