David Stuppler

  1. Hedge Fund Heavyweight Sees Gold at $2,200

    Gold, platinum and Brent oil will lead gains in commodities as investors seek to protect their assets and shortages emerge, according to Tony Hall, the hedge- fund manager who earned 33 percent for his clients this year.

    Gold may climb 21 percent to a record $2,200 an ounce by the end of 2011, platinum may gain 10 percent, said the London- based chief investment officer of Duet Commodities Fund Ltd., which manages more than $100 million of assets. Its eight-month gain compares with a mean return of....

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  2. Central banks return as gold buyers

    European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionised the bullion market.

    The purchases are minuscule compared with the size of the global gold market, but highlight a remarkable turnround from a wave of heavy selling by European central banks.

    The role of central banks in the gold market will be a central topic of debate at the annual London Bullion Market Association conference, the largest gathering of the gold industry, in Montreal this week. The switch from large selling to buying has helped propel the....

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  3. Daily Market Update 9/19/11

    GOLD At 11am PDT, Gold is trading at $1,777.90, down $35.60 per ounce on heavy volume. This weekend has raised concerns for Greece since their hope to raise additional funds from either fellow European Countries, the IMF, or China, have not been successful. And with estimates showing Greece will run out of cash in October the deadline is fast approaching...
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  4. Daily Market Update 9/16/11

    GOLD At 11am PDT, Gold is trading at $1,809.33, up $18.53 per ounce on heavy volume. After gold falling below the $1,800 level, we saw a large increase in physical gold buying come into the market. However, the fact that gold rallied so quickly on Friday with very heavy volume, really says a lot. This could have been a clean-out...
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