Gold And Silver Back On The Bullish Track - July CoinStats Available

	Jerome Powell is Wrong: The Gold Standard Could Help to Solve Most of The Dire Economic Problems In A Changing World
	Federal Reserve Chairman Jerome Powell just arrogantly dismissed . . . . Adam Garrie (Read More)

	Skog Gets 30 Months In Federal Prison For Selling Counterfeit Coins
	Minnesota coin dealer Barry Ron Skog, 68, was sentenced July 9th . . . . Beth Deisher, ACEF (Read More)

	China’s Gold Hoard Swells
	Central banks are going after gold in 2019, boosting holdings as economic growth slows, trade and geopolitical tensions . . . . Ranjeetha Pakiam and Rupert Rowling (Read More)

	Don't Get Too Positive On Silver Just Because Gold's Racing Higher
	Weakening global economic growth, lacklustre demand and huge stockpiles mean silver prices are unlikely . . . . Peter Hobson (Read More)

	Chinese People Are Buying Gold Taking Money Out Of Banks And Stock Market
	Chinese people are starting to feel the pressure of economic slowdown. As China’s yuan continues to . . . . Olivia Li, Epoch Times (Read More)

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CLICK HERE FOR NEW Morgan Silver Dollars

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CLICK HERE FOR NEW $20 Gold Saint Gaudens

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	Fed’s Powell Explains Why A Return To The Gold Standard Would Be So Damaging To The Economy
	Federal Reserve Chairman Jerome Powell told Congress on Wednesday that he doesn’t think a return to the gold . . . . Thomas Franck (Read More)

Gold broke above the key $1,400 per ounce level on June 21st and has tested that key support level five times and held. From a technical view, this is very bullish for Gold’s short and long term value. Gold closed last Friday at $1,410 per ounce, up $10 for the week. Since the beginning of the month of June, Gold has shown excellent consolidation between the $1,400 and $1,438 area. One of the amazing things about this Gold rally is the high trading volume, normally very low during the summer months.

Central banks are starting to disclose June Gold purchases, with China buying 10.3 tons of Gold in June, and Poland becoming the fourteenth central bank aggressively buying Gold. The World Gold Council should disclose the countries and quantities for the first six months of 2019 later this month.

Federal Reserve Chairman Powell gave his testimony to congress about going back on the Gold Standard. He said it would change the Fed’s focus from economic and employment numbers to stabilizing the Dollar price of Gold. “If you assigned us [to] stabilize the dollar price of Gold, monetary policy could do that, but the other things would fluctuate and we wouldn’t care,” See Article above.

Today: Gold is trading in a narrow range today between $1,408 and $1,418 per ounce. This consolidation above the key $1,400 per ounce support level is excellent.

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	A Whale Is Accumulating Silver Futures
	Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold . . . . Tyler Durden (Read More)

Silver tested the $15 per ounce level four out of five days during trading last week, but came back to close above Tuesday to Friday. Silver closed on Friday at $15.18 per ounce, up $0.21. Silver continues to be locked into a $15.00 to $15.50 trading range as Gold moves higher causing the Silver-to-Gold ratio to be 92.88-to-1. Great article above on identifying the whale behind JP Morgan’s 900 Million ounce holding of physical Silver.

Today: Silver opened higher this morning and has stayed positive all day. The fact that the Silver price has been stronger than Gold today is surprising, but its about time considering the very high Silver-to-Gold ratio.

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Our numismatic CoinStats report is a great 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 July 2019 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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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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