Gold And Silver Prices Testing Support - January CoinStats Available

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

 

The following are links to recent informative Gold/Silver articles :

Russia’s Gold & Foreign Currency Reserves Surge For Third Consecutive Year

Barron's: What's Next For The Stock Market And The Economy, According To The Experts

Gold Hits An All-Time High In 72 Currencies

$2,000 Gold Price And The Secret Gold Rally Hiding In Plain Sight

Big Silver Move Foreshadowed As Industrial Panic Looms

 

This Week’s Headlines:

Gold
Silver
January 2019 CoinStats Is Now Available
Recommended Investment Commitment and Diversification

 

GOLD

Gold closed last Friday at $1,281, down $7 per ounce for the week on light trading volume. Over the long holiday weekend, the Chinese Gross Domestic Product (GDP) was released and it was weaker than expected. However, the Asian equity markets did rally on the expectation of a Chinese stimulus package. That rally, combined with an increase in U.S. 10-Year Treasuries yield to 2.75%, put pressure on Gold prices. Gold briefly hit a low of $1,276 in Asian markets this morning, below the recent $1,280 to $1,300 trading range. Gold rallied back above $1,280 in the Middle East and European markets.

Many American investors believe that the Gold prices have not performed like a true safe haven investment, especially in the face of recent extraordinary geopolitical and economic events. Concurrently, in 72 other countries, when measuring the Gold value in local currencies, Gold is at or within a few percentage points of being at an all-time high. Investors in countries like India, Russia, Canada and Japan and 68 other countries are aggressively buying Gold at an All-Time High. For more details please read Gold Hits An All-Time High In 72 Currencies.

Today: Gold opened in New York at $1,279.10 and quickly rallied $3 per ounce on bargain buying. Over night the IMF lowered their projections of future global growth, which has caused equity markets to decline.

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SILVER

Silver closed at $15.33 per ounce last Friday, dropping below the important $15.50 support level. Silver’s recent price action has been disappointing especially in the face of a strong Gold market. Unless Silver rallies back above the $15.50 level immediately on bargain buying, it is highly likely to test the $15 support level. Of course, Gold moving above $1,300 could be a positive factor for the Silver price. Right now, the Silver-to-Gold ratio has jumped to 83.29-to-1

Today: Silver reached a low of $15.14 per ounce this morning. That price attracted buyers and the Silver price quickly moved to $15.24.

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January 2019 CoinStats Is Now Available

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 January 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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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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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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