Barry Stuppler

GOLD Gold closed at $1,428.10 per ounce today, up $1.10 for the day with a very narrow trading range of only $8.40. Gold has run into selling pressure at $1,430 per ounce, however, consolidation around the $1,410 to $1,430 range would be very healthy for the next Bull Run to $1,500 per ounce. The ongoing conflict in Libya along with...

GOLD Gold closed today at $1,427 per ounce, up $9 on the day. Gold prices resumed its major uptrend on Monday, on the escalating tension in the Middle East and North Africa. Heavy Allied Nations air and missile assault on Libyan strongman Moammar Gadhafi’s military, and continued unrest in Bahrain and Yemen, are supporting the precious metal uptrend.   Crude...

GOLD Gold was up $13.90 today, closing the week at $1,418.00 per ounce. It was extraordinary week for gold, with heavy trading and volume on a $53 price range. Bank of Japan has announced, with the help of the finance ministers and bank governors from the Group of Seven major industrial nations, they will go the way of “powerful monetary...

GOLD Gold closed up $2.90 today at $1,404.10, with active trading on continued news from Japan, and the Middle East. Crude Oil was up 2% primarily due to increasing hostilities in Bahrain and Libya. The Japanese Yen hit a record high in trading against the Dollar. The reason for the Yen rally is the belief that Japan to be a...

The situation in Japan is getting worse, not better. There are shortages in food, fuel and warm dry shelter. To make matters exponentially worse, nuclear power plants there continue to burn out of control and emit high levels of radiation. Japan is a stark reminder of how fast a modern technologically advanced society can be brought to its knees by an unforeseen calamity.

On the other side of the Pacific, the devastating pictures from that island nation are taking the attention away from our own, much more predictable, calamity coming from a tsunami of debt...

GOLD Gold closed up $3.60 today, back above the important $1400 level at $1,401.20 per ounce. The markets were active today as bargain buyers, coming from outside the US, were very active. Gold under $1,400 looks very attractive considering the events in the Middle East and Japan. Civil Protests and hostilities are still going on in Middle East countries. In...

GOLDGold closed today at $1,397.60, down $29.80 for the day. Amidst very heavy volume, today’s trading was VERY active with spot Gold dropping to $1,380 at one point during trading. Gold traders see today’s market correction as just a knee-jerk reaction to the high anxiety presently gripping the world market place, and further selling pressure in the near term will...

GOLDGold closed today at $1,427.40 on light trading, up $7.10 at the close. Trading was dominated by the speculation over the effects this weekend’s Japanese earthquake, tsunami and nuclear reactor problems will cause. The Japanese central bank pumped 15 trillion yen ($183 billion) into money markets to assure financial stability amid a plunge in stocks and surge in credit risk...

GOLDGold closed today at $1,420.30, up $10.20 for the day. Gold opened lower based on lower crude Oil prices resulting from the assumption that the Japanese earthquake and a larger-than-expected increase in US inventories would lead to lower Oil demand (Japan is the World’s 3rd largest consumer of Oil). However, the Gold market turned higher as the U.S. dollar index...

GOLDGold dropped $19.10 today, closing at $1,410.10. The dollar was up against the Euro and crude oil prices dropped $3 a barrel, but there was no significant news that would turn the gold market bearish. The fundamentals are still in place as shown by today’s U.S. Commerce Department report. According to the report, the U.S. trade deficit widened by 15.1...