Barry Stuppler

GOLDGold rallied today on a weaker Dollar and poor economic news, closing at $1,542.80, up $10.70 per ounce. Why would the value of gold increase because of poor economic news? Because it increases the likelihood of continued low interest rates and additional government or Federal Reserve stimulus programs. The dollar extended its losses against the euro Friday after more details...

GOLDGold closed today at $1,532.10, down $14.70 an ounce on very active trading. The Gold price ranged today from a low of $1,518 to a high of $1,544.  Gold initially sold off when Crude Oil prices dropped on reports of higher than expected inventories of Crude Oil and Gasoline. This, combined with the concerns of Greek debt default being postponed...

GOLDGold was up $10.20 today, closing at $1,546.80 an ounce on very active trading.  The Dollar is still in a race to the bottom with the Euro, and the Congressional fight over the U.S. Debt ceiling is acting as an accelerant. Economic news of a disappointing jobs picture in the U.S,. and a negative manufacturing reading, just added more fuel...

A weekly review of the Precious Metal and Rare Coin markets providing information and news that affects future values. GOLDLast week’s $28.40 increase in the price of Gold ($1,536.60 per ounce) and the rally in the U.S. dollar versus the Euro were tied to the Greek debt issue. As the Greek and/or Eurozone debt crisis continues to worsen, the gold...

GOLDGold closed up $2.50, at $1,536.60 an ounce, based on a weaker dollar and some hope of a temporary resolution of the Greek debt crisis. Germany is considering funding Greek debt in the near term which would allow the beleaguered nation to obtain IMF funding by June 29th. Today the Gold price was helped by the downgrade of Japanese debt...

For gold miners, success has been anything but fun lately.

Everything these companies prayed for a decade ago, they got. Collapsing global currencies. A gold price rising from US$250 an ounce to more than US$1,500. Incredible earnings and cash flow growth. It played out exactly as the gold bugs said it would, and then some.

Yet, you won’t find many gold CEOs with smiles on their faces these days, because..

GOLDGold, up, up and away, closed at $1,534.10, up $11.20 an ounce on light U.S. trading.  In the face of the European debt crisis none of the global floor traders or commodity houses wanted to be short Gold over a long holiday weekend.   A Gold Question that needs the right answer...   A popular negative gold question that I...

GOLDGold closed at $1,522.90, down $5.70 an ounce on average trading volume.  The Gold market is taking direction from the Greek debt crisis.  As the situation appears to be heading to a Greek debt default --- gold and the dollar rally. When information comes out about a possible resolution to the problem --- gold and the dollar sell off.  The...

The Good, the Bad, and the Ugly

The American working middle class (Good) have been deceived by the Federal Reserve, the banks that control them (Bad) and the Washington DC political class (Ugly) into believing that a fiat currency, un-backed by gold, supported by systematic inflation is beneficial to their wealth. This has been the Big Lie for the last century and has positioned the country for an epic...