Gold And Silver Back On A Bullish Track – January CoinStats Available

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	Gold Heads For Best Year In A Decade With Dollar On The Ropes
	Gold is set for the biggest annual advance in a decade after a tumultuous year. . . .Bloomberg News
	Gold Price To Remain Bullish In 2021
	Gold looks to build on 2020 gains with central banks staying dovish. . . .Eren Sengezer
	China's November Gold Imports Via Hong Kong Surge By Over 80%
	Net gold imports via Hong Kong to China, the world's top consumer of the metal, stood at 3.283 tonnes in November. . . .Reuters
	The Gold Rush Isn't Over
	We’re going to take a look at the predictions for gold in 2021 and see whether the pessimism about the gold market is warranted or misplaced. . . . Collin Plume
	Why Does Gold Always Go Up In January?
	Every January since 2012 gold prices have ended the month higher than where they ended the old year. . . . Adrian Ash

Gold closed the year 2020 at $1,893.10 per ounce, up $373.60 (24.59%) for the year; Gold reached a high of $2,071 on August 7. And January is looking good...remember Gold has increased the last nine Januarys by an average of 4.5% by month-end. This January is starting well with the U.S. Dollar Index under 90 and the Gold price breaking above the key $1,900 per ounce resistance level. Today, Gold finally broke the $1,900 level, after three failed attempts in December. This morning, Gold quickly moved above $1,900, reaching a high of $1,945, before seeing some light profit-taking.

Last week, the president finally signed the $908 billion COVID-19 aid package and it's only a start. President-elect Biden has already stated that this $908 billion package is only the start of much larger COVID aid legislation. This new law combined with what the Federal Reserve and many European and Asian central banks are doing to stimulate the world’s economies will be massive. Hopefully, these measures will save the businesses that are on the verge of bankruptcy and help the people suffering around the world. But for sure it will devalue many of the world's leading currencies and drive the value of Gold much higher. I’m looking for $2,200 by the end of March, and $2,500 by year-end; another $600 increase is acceptable for 2021.

Today: The new coronavirus variant is causing stricter regulations in Europe and closing down many key economies. This combined with the U.S. dollar hitting a new 2-year low (89.43) gave Gold the push needed to break $1,900 and keep on going.

Silver had a great year, up $8.50 per ounce, closing the year at $26.33. Silver was up 47.67% in 2020, the best year since 2011. The next major resistance level for Silver is $30 per ounce. I believe we will see Silver above $30 by March. The financial markets are becoming concerned about seeing inflation by year-end. With the projected global recovery by the third quarter of 2021, and the massive amount of currencies to be printed and stimulus aid package from central banks, inflation is surely on its way. Remember, Silver is the ultimate inflation hedge, and solar and 5G demand will only fuel demand. I believe 2021 will be a very profitable year for Silver investors. See article: Why Silver Prices Could Realize Huge Benefits From Surge In Solar Panels And 5G Demand

Today: Silver moved higher with Gold reaching a high of $27.63, almost a $1 higher, before seeing some light profit-taking. We expect to see many of the popular 2021 Silver investment items by next week.

I’m proud to offer the January 2021 version of CoinStats, which has been updated with plus grades and other new features. CoinStats for January 2021 offers six different series: $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 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.

The January 2021 version of CoinStats has all the populations and prices from PCGS. NGC populations and registry information have been omitted. The reason for this is over 80% of my clients only purchase PCGS coins, so I wanted to focus on PCGS data only. A new addition is information on increases in all PCGS grade populations from issue to issue, plus increases in popular PCGS Registries at the bottom of the Best Value page.