The Timing Is Right In Increase Your Gold/Silver Holdings - CoinStats Available

 

This Week's Headlines:

 

Gold	Silver
Current Rare Coin Listings	Recent News Articles
October 2019 CoinStats is now available – Changes coming
Recommended Investment Commitment and Diversification

Recent Informative Articles On Precious Metals & Rare Coins

 

	China Adds Over 100 Tons Of Gold To Its Coffers This Year Amid Ongoing Trade War With US
	China adds over 100 tons of gold to its coffers this year amid ongoing trade war with US The People’s Bank . . . . Pine Haven Contributor (Read More)
	China, Russia, Brazil, India, And Now UAE: Everybody Wants A Gold Trading Platform!
	China started something when they opened the Shanghai Gold Exchange where physical gold is traded to a . . . . Tyler Durden (Read More)
	The Gold Price Could Rise To $2,000 According To Analysts
	The gold price has shot up over the last year and as a result, investors are excited about the precious . . . . Edward Sheldon (Read More)
	Gold & Silver Gain As Geopolitical Worries Resurface
	Gold and silver prices are moderately higher in midday U.S. trading Monday, on some safe-haven demand as . . . . Jim Wyckoff (Read More)
	Gold Ends Higher As The Fed Announced The Start Of A ‘Massive’ Bond Buying Program
	Gold futures rose Monday to post their first gain in three sessions, finding support as the so-called . . . . Myra P. Saefong (Read More)
	Dutch Central Bank: World Will Need Gold If Entire System Collapses
	Fiat money will become inferior to gold in the event of a total collapse of the world’s financial system, one . . . . William Suberg (Read More)

Back to top of report

 

Current Rare Coin Listings Updated

 

CLICK HERE FOR NEW Morgan Silver Dollars

CLICK HERE FOR NEW Peace Silver Dollars

CLICK HERE FOR NEW $20 Gold Saint Gaudens

 

Back to top of report

Gold

 

 

I believe, based on the way Gold has been trading recently, it’s time to recap what the Gold price has done in 2019 to date. Gold started 2019 at $1,280 per ounce and moved to $1,340 by Feb. 20th. It then traded between $1,275 and $1,340 per ounce until the end of May. In June, Gold started to rally and reached $1,410 by June 30th. In July, Gold built a base between $1,400 and $1,430 per ounce. Starting in August, Gold increased $120, moving from $1,420 to $1,540 per ounce on extraordinary volume for a summer month. In September, Gold reached a high of $1,557 before hitting a low of $1,464 per ounce by month end. In October, Gold has traded above and below the key $1,500 support level, but never breaking below the September low of $1,464.

This month, a number of large financial institutions have come out with predictions that Gold would reach anywhere from $1,600 to $2,000 per ounce as the world debt mounts and global economies worsen. Many of the world’s largest Central Banks have reported 2019 purchases of Gold are at record levels. I believe, after this year’s substantial increase of 16.8% in the Gold price, we are seeing expected consolidation in October. I still believe Gold will reach $1,600 per ounce by year end and is a bargain at the current price.

Gold closed last Friday at $1,488 per ounce, up $6 on average trading volume.

Today: The U.S. Dollar Index broke below the 97 level (lowest value in a month). A weaker Dollar is very bullish for the short-term future of the Gold price. This morning Gold opened unchanged to lower on indications of positive news on the upcoming Brexit vote.

Back to top of report

 

Silver

 

Last week, Silver surprisingly hit a low of $17.10 on Wednesday before ending the week above the $17.50 level. Silver closed on Friday at $17.51 per ounce, up $0.03 for the week. Global demand for physical Silver investment products is showing a dramatic increase, particularly when the price declines near the $17 level. India and China are both showing sizeable increase in popular Silver bullion products at the current low price. The Silver-to-Gold ratio is 85-to-1.
I continue to believe that Silver is building a base for its next move to the key $18 resistance level later this month.

Today: In the face of an unchanged to low Gold price, Silver first tested support at $17.50 then rallied this morning. Silver reached a high of $17.77 per ounce before seeing some short-term profit taking.

Back to top of report

 

October 2019 CoinStats is now available Changes coming

 

Our numismatic CoinStats report is a great tool for rare coin investors. CoinStats is an in-depth statistical analysis of popular rare coin series that allows you to identify the best values in certified rare coins. I am proud to offer this unique and informative tool exclusively to our clients. CoinStats has been updated for October 2019 and is now available. Six different series are available: $20 Gold Saint Gaudens, $20 Gold Liberties, $10 Gold Indians, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollars.

The CoinStats report provides a list of my recommended certified U.S. Gold and Silver coins which are found listed on the Best Value page. These are not the modern issue bullion coins or low-grade circulated coins. These are PCGS/NGC certified MS63 or higher Gold and Silver U.S. rare coins, dated prior to 1948, which have a proven track record of appreciation and also offer excellent liquidity. To receive the latest CoinStats analysis, just put the word CoinStats in the subject line and email me which of the six series you would like to see.

CoinStats changes coming in 2020

I have been waiting for many years for the populations of the plus grades to reflect an accurate price premium. So, I will be adding plus grades to the six popular Gold and Silver U.S. coin series effective January of 2020. Also, since over 95% of our clients prefer PCGS graded coins for these six series, I will be focusing the CoinStats statistical analysis on PCGS graded coins only. I look forward to hearing feedback from our clients on these changes.

Back to top of report

 

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

Back to top of report

 

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.

Back to top of report