Barry Stuppler
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How to Profit From the Chinese Gold Rush
(Read More)China is the world’s biggest producer of gold, with Chinese mine output reaching a record 340 tons last year. Even with this record production, China’s imports through October 2010 rose to 209 tons and, just in the first two months of 2011, China’s imports climbed to 200 tons. The Industrial and Commercial Bank of China started opening physical-gold linked savings accounts in December 2010. More than 1 million such accounts have already been opened with more than 12 tons of gold stored on behalf of investors...
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Daily Market Update 4/7/11
GOLDGold closed today at $1,461.20 per ounce, down $0.30 for the day. During trading today gold hit a new all-time high of $1,466.20 and traded in a narrow $13 range on good volume. With a weaker Dollar and Crude Oil surpassing $110 per barrel on top of continued problems in Japan, Middle East and Euro Debt issues, gold continues...(Read More) -
Silver Investment the Dominant Driver of a Remarkable 2010
(Read More)Silver Price Rises 78 Percent Intra-Year
Industrial Demand for Silver Posts a 20.7 Percent Increase Over 2009(NEW YORK – April 7, 2011) Booming silver investment was the primary source of the astounding
78 percent intra-year increase in silver prices in 2010. A sturdy rebound in total fabrication demand, led by the industrial sector, was also significant, according to World Silver Survey 2011, released today by the Silver Institute... -
Daily Market Update 4/6/11
GOLD Up, Up and Away Gold hit another all-time high of $1,463.70 this morning, closing the day at $1,461.50 per ounce, up $8.10 on the day. Gold traded actively in the worldwide market on heavy volume, showing excellent support and demand for Gold at the higher prices. I am amazed to hear one market analyst after another say that raising...(Read More) -
The Markets Silver Lining?
CNBC reports on the healthy growth in the gold and silver market. Click here: http://video.cnbc.com/gallery/?video=3000014555 (for your convenience, link will open in a separate browser tab or window)(Read More) -
Daily Market Update 4/5/11
GOLDGold was up $20.30 today, closing at an all-time high of $1,453.40 on very active trading. We continue to look for a quick run to the next resistance point of $1,500.The news items that supported today’s Gold rally are: China’s central bank announced it intends to hike rates tomorrow by 25 basis points to 3.25%, as part of Beijing’s latest...(Read More) -
Daily Market Update 4/4/11
GOLD Gold was up $5.70 today on active trading, closing at $1,433.10 per ounce. Gold prices and demand continue to be supported by: the civil war in Libya and threat of escalating unrest in neighboring regions the aftermath of the recent Japanese earthquake and the developing nuclear crisis there the continued sovereign debt problem in Europe Crude Oil price rising...(Read More) -
Daily Market Update 4/1/11
GOLDGold was down $10.90 today, closing at $1,427.40 per ounce on news that job growth had accelerated in March. The Labor Department said the non-farm jobs had increased by 216,000 which was higher than expected and lowered the unemployment rate to 8.8%. Initially the price of gold dropped over $25 on the job news reaching $1,412.00 on ounce, at that...(Read More) -
Daily Market Update 3/31/11
GOLDGold rallied today closing up $13.10 to $1,437.30 on continued weakening of the U.S. dollar against the most actively traded foreign exchange currencies. I believe we will have a short wait for the next Gold breakout, whether it is due to continued Dollar weakness, the Euro Zone sovereign debt crisis, a civil war in Libya, escalating demonstrations in Syria and...(Read More) -
Daily Market Update 3/30/11
GOLDGold was up today, closing at $1,424.20 based on concerns over Consumer confidence, showing the biggest one-month drop in over a year, falling sharply in March owing to worries about rising prices and stagnant incomes, according to the latest survey by the nonprofit Conference Board. The board’s index dropped to 63.4 last month from a revised 72.0 in February. Economists...(Read More)





