Gold/Silver continue their rally – CoinStats is Available<br />Mint State Gold - Weekly Market Report 1/17/17

Links to recent informative articles on precious metals and rare coins:

World Gold Council (WGC) Gold Market Outlook 2017

Gold Will Surge To $5,000 Per Ounce in The Next Few Years

Anti-Trump Accusations and Rhetoric Stimulating Gold Price

Now Is the Time to Face Reality and Invest in Gold

This Week’s Headlines:

Gold
Silver
Rare Coin Report
U.S. Mint Issue Report
January 2017 CoinStats
Recommended investment commitment and diversification

GOLD

Last Friday, Gold closed at $1,198 per ounce, up over $22 for the second 2017 trading week in a row. At the current 2017 rate of price appreciation, Gold will be over $2,000 before October 2017. Enough for being overly optimistic, realistically the Gold price is showing excellent support and strength. Gold quickly moved above its $1,200 resistance level today and after a little consolidation should test the $1,250 level by month end. This January increase was expected, based upon the historically bullish trend for the first three months of the year.

This week our President-Elect Donald Trump will have his inauguration on Friday January 20th. I expect to see increased volatility in the precious metal futures and equity markets. Whether you are a Trump supporter or critic, you have to agree that his tweets and news conferences do move the markets. Concerns about his cabinet appointments, fear of a trade war, or an out of control budget deficit should continue to increase market volatility.

Today: The 2017 Gold rally continues. A weaker U.S. Dollar and bond yields, combined with fresh Asian buying, took Gold to $1,219 per ounce in early trading.

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SILVER

Last Friday, Silver closed at $16.75 per ounce, up $0.83 (5.1%) since January 1st. Silver made its first attempt to move above the $17 per ounce resistance level on Thursday. Since the beginning of the year, Silver has traded between $16.40 and $17.00 per ounce, building an excellent base. Silver broke out above $17 today and should reach $17.50 by month end.

The Gold/Silver ratio has increased to 71.35-to-1.

Today: This morning there was heavy Silver buying in Asian, Middle Eastern, and European markets. Silver reached a high of $17.24 per ounce before seeing some light short term profit taking.

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Rare Coin Report

I have been asked numerous times why I feel so strongly that investment quality rare coins are the best long term investment vehicle. The Collectors Universe chart below shows that a $1,000 purchase of investment quality rare coins in 1970 would be worth $25,746 today (2,474%). A $12,000 investment in Sept. 2001 (when we started offering CoinStats to Clients), was worth $28,746 in July 2008, less than 7 years later. That was a 139% increase while the Dow Jones Industrial Average for the same period increased 17.5%. Selected CoinStats rare Gold and Silver coins have done substantially better, without the same reporting requirements that most conventional investments demand.

Key Dates and Rarities Index (1970 to date)

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U.S. Mint Issue Report

Last Thursday, the U.S. Mint announced that it would mint a Proof 2017 High Relief $100 Gold coin. This 2017 American Liberty 225th Anniversary Gold coin has a unique design. The obverse of the one ounce .9999 Gold High Relief will have a portrait of an African-American woman wearing a crown of stars. The reverse design depicts a bold and powerful eagle in flight, and shows 1 oz., .9999 Fine Gold, and the 100 Dollar face value.

According to the U.S. Mint, this is the first of a new series of Gold coins that will feature designs which depict an allegorical Liberty in a variety of contemporary forms. These designs include an Asian-American, Hispanic-American, and Indian-American among others, reflecting the cultural and ethnic diversity of the United States. These new U.S. Gold Coins will be released every two years, and the first projected release date is April 6th.

The mint has not announced the issue price, mintage, or purchase limits. However, we are guessing that based on a $1,250 Gold price it will be in a $1,600 to $1,700 range, limited to one per family and a mintage of 50,000. We will update our clients with our opinion on this Gold coin and other U.S. Mint issued coins as they are announced and become available.

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January 2017 CoinStats

Our numismatic CoinStats report is the best investment tool for rare coin investors. CoinStats is an in-depth statistical analysis of popular rare coin series that allows you to identify the best values in certified rare coins. I am proud to offer this unique and informative tool exclusively to our clients. CoinStats has been updated for January 2017 and is now available. Six different series are available: $20 Gold Saint Gaudens, $20 Gold Liberties, $10 Gold Indians, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollars.

The CoinStats report provides a list of my recommended certified U.S. Gold and Silver coins which are found listed on the Best Value page. These are not the modern issue bullion coins or low-grade circulated coins. These are PCGS/NGC certified MS63 or higher Gold and Silver U.S. rare coins, dated prior to 1948, which have a proven track record of appreciation and also offer excellent liquidity. To receive the latest CoinStats analysis, just put the word CoinStats in the subject line and email me which of the six series you would like to see.

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 30% of investment capital

Diversification:  Gold 50%, Silver 40%, Platinum & Palladium 10%

Diversification includes 50% in long term investment quality rare coins and 50% short term bullion products.

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REMEMBER THE BLOG

If you want to be updated on what is happening in the Gold, Silver, and Rare Coin markets any weekday, our company offers a daily blog Monday through Friday at www.stupplerblog.com

All statements, opinions, pricing, and ideas herein are believed to be reliable, truthful and accurate to the best of the Stuppler & Company’s knowledge at this time.  Stuppler & Company disclaims and is not liable for any claims or losses which may be incurred by third parties while relying on information published herein.  Individuals should not look at this publication as giving finance or investment advice or information for their individual suitability.  All readers are advised to independently verify all representations made herein or by its representatives for your individual suitability before making your investment or collecting decisions.

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