Next Stop – Gold $1,300 Per Ounce – Silver $16 Per Ounce

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 :

Record Prices In 2018 U.S. Rare Coin Market, Reports Professional Numismatists Guild

Russian Central Bank Buying Gold On The International Market?

Gold And Silver Firm In Face Of Abnormal Equity Volatility

Hedge Funds Once Again Bullish On Gold & Silver

This Week’s Headlines:

Gold
Silver
Rare Coins Set Record Prices In 2018
Recommended Investment Commitment And Diversification

GOLD

Gold ended 2018 on a rally, moving up again last week to close the year at $1,278 per ounce. Gold closed the month and year at $1,278.30 up $55 per ounce for the month, but down $28 for 2018. Gold is starting 2019 with increasing price support and growing demand. I believe Gold will reach its next major resistance level of $1,300 very soon, and after a short period of time should break above.

The Gold fundamentals have never looked better, interest rates (U.S. 10-Year Treasury Note is under to 2.7%) and the U.S. Dollar are dropping. Demand is increasing from Hedge Funds, ETFs and Central Banks. While the global equity markets remain a question mark, we are seeing increasing Gold demand from stock investors moving to a proven safe haven from the volatility they are seeing.

Today: As Global Equity markets continue to move lower, Gold buying in Asia, Middle-East and Europe is increasing as the price moves above $1,285 per ounce. January has an excellent history of showing higher Gold prices, last year Gold hit its highest price in January.

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SILVER

Silver ended 2018 at $15.44 per ounce, up $1.33 (9.35%) for December. Unbelievably, Silver was down $1.63 for the year. Once Silver broke above the key $15 resistance level, the traders and hedge funds took a long position. I believe when Gold breaks above the $1,300 level this month, Silver will move above the $16 resistance level. The Silver-to-Gold ratio has dropped to the 83.12-to-1 level.

Today: Silver is following Gold higher, reaching a high of $15.59 per ounce this morning. Silver found additional demand from concerns about the Purchasing Manager Index (PMI) from China. It was released overnight, showing December factory activity contracted for the first time in 19 months.

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Rare Coins Set Record Prices In 2018

Many of the high-grade Gold and Silver rarities that came to sale in 2018 sold for record prices.
Four significant U.S. coin rarities sold for $1 million or more during the year in public auctions, and several other U.S. rare coins reportedly were purchased for $1 million or more in private transactions. For more details please read the following article.

Record Prices in 2018 U.S. Rare Coin Market, Reports Professional Numismatists Guild

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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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