Great Opportunity To Purchase Gold And Silver At A Great Price

 

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$20 Gold Saint Gaudens

 

Links to recent informative articles on precious metals and rare coins

 

 

Yield Curve Inverted
Even More - Is It Finally
Time for Buying Gold?
Central Banks in the ABD
(anything but dollars) Club
Boosting Gold Demand
'Forgotten' Metals
May Take Off
Dollar Sinks As Treasury
Yields Fall To Lowest
Levels Since 2017
Central Banks Double
Down On Gold
Silver Markets Continue To
Show Exhaustion

 

 

This Week’s Headlines:

Gold
Silver
Recommended Investment Commitment And Diversification

 

Gold

Gold closed last Friday at $1,293 per ounce, down $19 per ounce for the week. What happened that would cause Gold to break down below the key $1,300 per ounce support level? A report of substantial drops in Chinese Gold imports during February due to the trade war drove the U.S. Dollar higher. That news caused the Gold price to drop below the important $1,300 support level. Stop loss selling took the Gold price down to $1,288 before serious buying jumped in.

The Federal Reserve’s recent statement about not raising interest this year caused interest rates to drop around the world. In Germany, they just sold treasury notes with a negative yield. The U.S. 10-Year treasuries are now down to 2.37% a new 2019 low. Lower interest rates combined with government stimulus programs is a formula for future inflation and higher Gold and Silver prices.

 

I continue to believe Gold will reach $1,500 per ounce by year end.
Today: Equity markets and interest rates are moving higher today, as Gold trades in a narrow $9 high/low range, between $1,297 and $1,288 per ounce. I believe we should see Gold break back above the key $1,300 level within a few days.

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Silver

Last Friday, Silver closed at $15.06, down $0.28 per ounce on excellent volume. When Gold broke down below the key $1,300 on Thursday, Silver reached a low of $14.88 per ounce. Last Thursday and Friday, Silver traded above and below the important $15 per ounce support/resistance level. The current Silver to Gold ratio is 85.94-to-1.

Today: Silver tested its important $15 per ounce support level this morning, hitting a low of $15.01 on early trading. At that price Silver found buyers and the price quickly move to $15.12 per ounce.

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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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REMEMBER THE BLOG

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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