Weekly Market Report

Many of the major financial markets are showing a lot of volatility . . . . Barry Stuppler

Last week we saw many downward corrections in major Financial Markets . . . . Barry Stuppler

I returned from my European vacation on Friday to an exciting precious metal market . . . . Barry Stuppler

The strong U.S. Dollar continued to put pressure on Gold/Silver last week . . . . Barry Stuppler

Last week the key interest rate barometer, the 10-year Treasury Bill, moved to an 11-Year high of 3.14% . . . . Barry Stuppler

Gold started 2022 at $1,825 per ounce and the U.S. Dollar Index was trading at 90 . . . . Barry Stuppler

Last Monday, Gold reached a high of $2,003 and it was downhill for the balance of the week . . . . Barry Stuppler

The road to $2,000 per ounce for Gold got shorter last week as the Gold price increased by $30 per ounce . . . . Barry Stuppler

Last week’s precious metal trading was highly unusual and possibly a harbinger of things to come . . . . Barry Stuppler

With both the U.S. Dollar and interest rates staying strong, plus the price of crude oil dropping from $110 to $98 in just five days . . . . Barry Stuppler