GOLD REACHES A NEW ALL-TIME OVER $3,000 PER OUNCE

CLICK HERE FOR NEW Morgan Silver Dollars

CLICK HERE FOR NEW Peace Silver Dollars

CLICK HERE FOR NEW $20 Gold Saint Gaudens

	Silver Keeps The Bullish Vibe Above $33.50 As Trade War Escalates
	The Silver price loses momentum to near $33.80 during the early Asian session on Friday... Lallalit Srijandorn
	Iran Bets Big On Gold As It Weathers Trump Turmoil
	Iran has been importing tonnes of gold in the past few months as it hunkers down for more hardships under the United States’s “maximum pressure” policy... Maziar Motamedi
	Gold Exceeds $3,000 With Plenty Of Room To Climb Further
	Gold exceeded $3,000 a troy ounce for the first time ever on economic uncertainty and safe-haven demand... Joe Hoppe
	Safe-Haven Buying Boosts Gold Amid Keen Risk Aversion
	Gold and silver prices are solidly higher in midday U.S. trading Tuesday... Jim Wyckoff
	Dollar’s Trouble Could Be Gold’s Triumph
	Gold’s streak of eight consecutive weekly gains, during which prices repeatedly hit record highs, has ended... Neils Christensen

Last Friday, Gold closed at $2,994.50 per ounce, up $143 in March and up $365 (13.8%) for the year. Gold set a new All-Time Record high on Friday of $3,004 in overseas trading. This was Gold’s first attempt to break above $3,000 in early trading in Asia.

Since the beginning of March, the economic news coming out has been worse than expected. The February U.S. producer price index (PPI) & U.S. Consumer Price Index (CPI) released last week showed weakness in our economy. The financial markets reacted to these indicators with the Dow Jones dropping 1,000 points, but Gold reached a new all-time high over $3,000 per ounce.

Another stimulant driving the rise in price and demand for precious metals is Trump’s tariffs, which could easily lead to a multi-country trade war. Plus, the chaos being caused by the firings at many of our federal agencies is causing uncertainty for the future of important entitlement programs.

Something to think about:
It took 38 years for the Gold price to move from $35 to $1,000 per ounce.
It took 14 years for the Gold price to move from $1,000 to $2,000 per ounce.
It took 3 years for the Gold price to move from $2,000 to $3,000 per ounce.
The Question is: How long will it take the Gold price to reach $4,000 per ounce?
My answer to the question is, based on the geopolitical programs around the world and what is currently happening within the U.S., I doubt it will take more than two years.

Key Economic data to watch this week:
- Monday: February Retail Sales
- Tuesday: February Housing starts and building permits
- Thursday: February Jobless Claims

Today: In overseas trading last night, Gold traded above and below the key $3,000 per ounce level numerous times. Gold continues to be on the bullish trade and after a short period of consolidation above $3,000, it should be on the way toward $3,100.

Last week, Silver out-performed Gold again, closing at $34.02 per ounce on Friday, up $3.20 (10.3%) since the beginning of March. While large central banks are driving demand for Gold, Silver is seeing its demand from Asian and Middle Eastern investors. Many of these investors see Silver as a more attractively priced precious metal with greater upside potential. While Gold is trading at an all-time high, Silver is trading at 68% of its all-time high of $50.35 per ounce. The Silver-to-Gold ratio has dropped again this week, now at 87.16-to-1.

Today: Silver traded today between $33.37 and $33.96 all day in both overseas trading and the U.S. Demand for the physical metal continues to pick up and premiums have stopped falling and are moving higher on many popular investment coins and bars.

REMEMBER MY DAILY BLOG

If you want to get the update on what’s happening in the Gold, Silver, and rare coin markets any weekday, our company offers a daily blog Monday through Friday at www.stupplerblog.com