Gold and Silver Setting Record Highs – July CoinStats available

This Week's Headlines:

 

Gold

Silver

Current Rare Coin Listings

Recent News Articles

July 2019 CoinStats is now available

Recommended Investment Commitment and Diversification

Recent Informative Articles On Precious Metals & Rare Coins

 

Central Banks Return To Gold
Central banks bought more gold in 2018 than at any time since the early 1970s – and the trend has continued . . . . Isabelle Strauss-Kahn, Former Lead Financial Officer The World Bank (Read More)
Silver Picking Up Steam As Gold Bursts Upwards
While gold had been drifting in the markets, but at least held the $1,400 level before catching another . . . . Lawrie Williams (Read More)
Gold Jumps After IMF Says Dollar Overvalued
More than Jay Powell, the IMF seems to have the word of gold now on rate cuts. Spot gold, reflective of trades . . . . Barani Krishnan of Investing.com
(Read More)
Wrong Whale
The 4 big concentrated silver longs, which I have been writing about for nearly a month, further reduced . . . . Theodore Butler (Read More)
Why Goldbugs Love Trump
Trump's newest economic adviser is a goldbug. Economist Judy Shelton has been a longtime supporter of the return to the gold . . . . Luke Burgess (Read More)
Will History Repeat Itself in The Gold Market?
Mark Twain once said, “history doesn’t repeat itself, but it often rhymes.” Since President Nixon removed the gold standard in the early . . . . Tyler Durden (Read More)

 

Current Rare Coin Listings Updated

 

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Morgan Silver Dollars

Click Here to see all our NEW Peace Silver Dollars

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Peace Silver Dollars

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$20 Gold Saint Gaudens

 

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Gold

 

 

Central Banks Return To Gold
Central banks bought more gold in 2018 than at any time since the early 1970s – and the trend has continued . . . . Isabelle Strauss-Kahn, Former Lead Financial Officer The World Bank (Read More)

 

After breaking above the key $1,438 resistance level on Thursday, Gold reached a six-year high of $1,452 per ounce in early Friday trading. Gold ended the week at $1,425, up $14 per ounce. During July, we have seen a sharp increase in trading volume on the world’s commodity exchanges. The increased trading volume is an excellent sign of growing demand for Gold in the face of lowering interest rates and a mass exit from the U.S. Dollar by many of world’s central banks.

In conversations with professional floor traders on many of the world’s largest commodity markets, they prefer to buy Gold on dips and sell into strong rallies. Whether it be news on progress in the tariff negotiations or the Federal Reserve lowering interest rates by month end, I see higher Gold prices this month. Additionally, I expect to see a report from the World Gold Council on the dramatic increases in Gold purchases by the world’s central banks in June.

Today: Gold is locked into a narrow $6 High/Low trading range this morning, between $1,423 and $1,429 per ounce. This is very healthy for the Gold price, allowing Gold to build a new base after its recent rally.

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Silver

 

Silver Picking Up Steam As Gold Bursts Upwards
While gold had been drifting in the markets, but at least held the $1,400 level before catching another . . . . Lawrie Williams (Read More)

 

Silver went ballistic last week, reaching a high of $16.55 before closing on Friday at $16.12 per ounce, an increase of $0.96. Early last week, Silver broke above the key $15.50 per ounce resistance level, when trading volume and demand picked up dramatically. $16.55 was a new 2019 high, and this recent rally has dropped the Silver-to-Gold ratio to 88.10-to-1. Without any credible news as to why Silver rallied so much last week, it’s difficult to try to predict the short-term future. But, staying above the $16 level for a short term, giving Silver a firm support level, would be a good starting point.

Today: The Silver rally continues this morning with Silver reaching a high of $16.48 per ounce.
The demand for Silver remains strong after last week's $0.96 (6.3%) rally. I look for Silver to build a base between $16 and $16.50 during this week.

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July 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 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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Recommended Investment
Commitment and Diversification

Minimum of 40% of your available investment capital

Diversification includes 50% in long term investment quality rare coins

and 50% short term bullion products, divided into

60% Gold, 30% Silver, and 10% Platinum & Palladium

 

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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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