GOLD & SILVER SELL-OFF ON HIGHER TREASURY YIELDS

CLICK HERE FOR NEW Morgan Silver Dollars

CLICK HERE FOR NEW Peace Silver Dollars

CLICK HERE FOR NEW $20 Gold Saint Gaudens

	Japan Is Telling You To Run to Gold
	Below, we look at lessons from Japan and its latest signals to prepare for a market sell-off, a debasement acceleration and a golden endgame... Matthew Piepenberg
	PBOC's August Gold Purchases Hit 650,000 Oz Largest In Nearly Three Years
	The People's Bank of China added 650,000 ounces of gold to its reserves in August, the largest monthly increase since October 2023... Big Go Finance
	It’s Time To Get Bullish On Gold Again, Says SocGen
	The Gold market is once again testing initial resistance at $4,500 an ounce, and one international investment bank believes that now is the time to get back into the market as they continue to see a gradual recovery from gold's months-long correction... Neils Christensen
	Central Banks Add 23 Net Tonnes Of Gold In July With China And Poland Leading Purchases – World Gold Council
	Central banks increased allocations to their Gold reserves in July, with the Chinese and Polish central banks once again leading all sovereign buyers, according to Marissa Salim, Senior Research Lead, APAC at the World Gold Council (WGC)... Ernest Hoffman
	List Of Countries That Have Pulled Gold From U.S. Federal Reserve
	The Netherlands has become the latest country to pull Gold out of the United States in recent years, as the Dutch Central Bank announced on Wednesday that it was moving 86 tons of its reserves from New York and Canada to London, citing "increasing geopolitical unrest."... Giulia Carbonaro
	Silver Extends Upswing As Softer Dollar Supports Bulls
	Silver prices (XAG/USD) continue to advance on Thursday, building on the prior session’s recovery... Brian McColl

Last week, we saw a disappointing August CPI, PPI, and Jobless claims report. As well, the Iranian war got substantially worse. Gold was negatively affected by all the news last week, reaching a low of $4,292 and dropping $68 by Friday, closing the week at $4,352 per ounce.

Our domestic indicators and the Iranian war weren’t the only news that influenced the price of Gold last week. Record Gold buying by the world’s largest central banks in August is bullish. Gold has overtaken U.S. Treasuries as Central Bank FX reserves.
Plus, global debt and money supply, which hit $150 TRILLION in June, have increased by a staggering 50% since 2020.

This week starts with professional traders believing the Fed will raise interest rates on Wednesday, which contributed to Gold moving lower in early overseas trading this morning.

Key Economic data to watch this week:

• September 14th, Monday:
• September 15th, Tuesday:
• September 16th, Wednesday: FOMC Policy Decision Announcement, Manufacturing and Trade: Inventories and Sales, and August Retail Sales
• September 17th, Thursday: Weekly Jobless Claims
• September 18th, Friday:

Today: With oil and gas prices reaching record highs and 10-year Treasury yield hitting 5% in early U.S. trading, Gold reached a low this morning of $4,253 per ounce. Gold rallied back on bargain buying as the market moved into the early afternoon.

Silver reached a low of $62.50 per ounce last Friday as it reacted to the August CPI, PPI, and Jobless claims report. Silver found buyers in late U.S. trading on Friday, closing at $64.55 per ounce, down $1.63 for the week.

Today: Silver followed Gold lower in early U.S. trading, reaching a low of $62.22 before rallying back, up over $1 per ounce.

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

Barry Stuppler has been a professional numismatist for over 60 years and is considered one the nation’s foremost experts in rare coins and precious metals. Mr. Stuppler is a past President of the American Numismatic Association (ANA) and Professional Numismatists Guild (PNG). He is currently chairman of the Federal and California State Gold & Silver Political Action Committees, and president of the
Anti-Counterfeiting Educational Foundation. Barry Stuppler, the original founder of MintStateGold.com, is proud to say he has helped over 25,000 rare coin and precious metal investors and collectors to build their collections and holdings. For more information about Barry click here.

All statements, opinions, pricing, and ideas herein are believed to be reliable, truthful and accurate to the best of 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.

Stuppler & Company, Inc. 5855 Topanga Canyon Blvd. Suite 410, Woodland Hills, CA 91367
888-454-0444 - [email protected].