Central Bank Gold Buying Continues To Grow To Record Levels In 2018

Current Rare Coin Listings Updated

Current listings for Morgan Dollars
https://www.mintstategold.com/silver/us-mint/morgan-silver-dollar.html

Current listings for Peace Dollars
https://www.mintstategold.com/silver/us-mint/peace-silver-dollar.html

Current listings for $20 Gold Saints
https://www.mintstategold.com/gold/us-mint-1/saint-gaudens.html

 

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

Gold Prices Rise On Further Signs Of Less Aggressive Fed Rate Hike Plans

Palladium Demand Soars On China's Tougher Pollution Standards

London Gold Market Comes Clean

Silver Becomes Key Component For Ultra-Efficient Solar Cells

 

This Week’s Headlines:

Gold
Silver
Upgraded Our Website
Recommended Investment Commitment And Diversification

 

GOLD

Gold traded in a narrow $10 high/low range last week, between $1,220 and $1,230 per ounce. Gold closed the week on Friday at $1,221.50, unchanged for the week. After reaching a low of $1,197 on November 13th, it's positive to watch Gold consolidate in the current range, especially with the strength of the U.S. Dollar Index. During the same one-week period, the DJIA has dropped over 1,000 points, Bitcoin is down 30% ($3650), and interest rates have declined, all of which help support precious metal prices.

As we approach the year end, many of the world's largest central banks continue to report record purchases of Gold in 2018. The central banks of countries like Hungary, Poland, Russia, China, India, Turkey, and Saudi Arabia are aggressively increasing their Gold holdings. There are three primary reasons for the buying:

1) Worldwide deficit spending that will drive down the value of currencies.
2) The high probability of seeing global inflation in 2019.
3) Disposing of an overvalued U.S. Dollar for a proven asset at a bargain price (Gold).

Central banks are the world's largest investors and have hundreds of financial analysts and economists providing expert advice. These banks are managing trillions of Dollars, Euros, Yen, and Yuan, and they are exchanging them for Gold at a record pace. Now is definitely the right time to add to your Gold holdings.

Today: As the U.S. Dollar stays in the 97 range, Gold is trading in the $1,222 to $1,229 area. Gold appears to be building a nice base for a year-end rally.

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SILVER

Silver closed at $14.22 last Friday, down $0.14 per ounce for the week. Last week, the Thanksgiving holiday week, Silver traded between $14.17 and $14.50 on normal volume. This coming week, it's important to see Silver move above the $14.50 resistance level. The Silver-to-Gold ratio has dropped to an amazing 85.88-to-1 level.

Today: Silver had some short-term profit selling this morning as it approached $14.50. Silver hit a high of $14.46 before seeing the selling. Silver has traded actively between $14.24 and $14.46 per ounce.

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Upgraded Our Website

We are proud to let you know that we have upgraded our website at www.MintStateGold.com! The new Mint State Gold is going to continue to offer more and more features over the next several months, but we are happy to provide you a variety of new features today. Some of these already added features include improved mobile access, easier pricing updates, a much easier 2 step checkout, a brand new preview coin image flipper, a new logo, and many other additional features! We hope you enjoy this new site and we look forward to offering you even more cool features in the not too distant future as we continue to improve the new website!

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 40% of investment capital

Diversification:  Gold 60%, Silver 30%, 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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