The Right Time To Take Advantage Of Year-End Gold & Silver Tax Strategies

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 :

Gold – A Perfect Storm For 2019

The Fed Supports Gold

 

This Week’s Headlines:

Gold
Silver
2019 Gold, Silver & Platinum U.S. Coins available for Pre-Sale
Year-end Precious Metal Tax Swap may save you income tax
Recommended Investment Commitment And Diversification

 

GOLD

Stock Market investors continued to suffer last week as high volatility has driven the markets lower. Gold is picking up a good quantity of investors looking for the best safe haven investment in these capricious times. Gold stayed in its $1,230 to $1,250 per ounce trading range, while the U.S. Dollar remains strong. Gold closed the week at $1,237, down $11 per ounce.

Market analysts are looking foward to this Wednesday when the Federal Reserve will make an announcement on any increase in interest rates. The market is indicating a 50% chance of a 25-basis point increase in the discount rate. If the Fed doesn’t increase the rate, I expect a nice increase in precious metal prices.

I recommend reading this outstanding and highly informative article about Gold, "Gold – A Perfect Storm For 2019"

Today: Gold opened $5 higher this morning on a weaker Dollar and equity market. Today, we are seeing excellent Asian and Middle-Eastern demand for Gold, driven by a weaker U.S. Dollar.

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SILVER

Silver closed at $14.51 last Friday, down $0.05 per ounce for the week. During the week Silver fought to stay above the key $14.50 per ounce resistance/support level. Silver again, two weeks in a row, outperformed Gold. While Gold was down $11 (.89%), Silver only dropped $0.05 per ounce (.32%). Plus, the Silver-to-Gold ratio dropped to the 84.61-to-1 level.

Today: Silver followed Gold higher this morning, moving up $0.06 per ounce. Market analysts are looking at the Fed for an indication on Wednesday’s interest rate decision.

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2019 Gold, Silver & Platinum U.S. Coins available for Pre-Sale

We are excited to announce that we are accepting orders for 2019 U.S. minted Gold, Silver and Platinum coins. These uncirculated coins are offered in PCGS and NGC certified holder, as well as uncertified and as sets. The one-ounce Silver eagles are offered in 500-piece Green Monster boxes or in smaller quantities. To see all of the pre-sale items, please click on the following link.

https://www.mintstategold.com/pre-sale-offers.html

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Year-end Precious Metal Tax Swap May Save You Income Tax

If you have purchased Gold or Silver coins/bars from 2011 to 2013 and currently have a loss, you can sell them for a long-term capital loss. This would be beneficial if you have sold stocks, real estate or other long-term investments this year for a gain. You would off-set the gain and save taxes when you file your tax report in April. You can purchase back your Gold or Silver coins after 30 Days and you would lower your basis. I strongly recommend you contact your tax professional to consider this option. This is a very popular strategy our clients have taken advantage of in the past few years.

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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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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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