The Gold/Silver Rally Continues – Jan. 2018 CoinStats available

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This Week’s Headlines:

Gold
Silver
January 2018 CoinStats is now available
Plus (+) graded Peace Dollar CoinStats
Recommended investment commitment and diversification

GOLD

2018 has started with a bang for precious metal investors. Looking back through 2012, January has been an excellent month for the Gold price. That includes 2014 when Gold dropped $471 per ounce. 2014 was just one of three years that Gold declined since 2000. Yes, three down years over the past seventeen years is Gold’s real story. When the Gold rally started in 2001 at $275 per ounce, the Gold price increased for 12 years in a row (year-end to year-end), with an average increase of 16.70% per year. That doesn’t include the high of $1,920 on Sept 6, 2011. Now, we have started a new Gold rally, with the Gold price increasing for just two-years, 2016 and 2017. Does Gold have another 10 years of increases ahead of us?

Last Friday, Gold closed at $1,333 per ounce, up $12 for the week and $27 since the beginning of 2018. Trading volume on the many commodity exchanges around the world has increased dramatically. Plus, this Gold rally happened in the face of a strong equity market and increasingly higher interest rates.

What’s next for the Gold price? I believe we will see the Gold price move to $1,350 pretty soon. Then, hopefully there will be a few weeks of consolidation in the $1,320 to $1,350 area, followed by a move higher. Then we need to see Gold break above the September 2017 high of $1,357. A confirmed move above that price would be very important, and the $1,400 per ounce resistance level should be reached fairly quickly.

Today: After trading at over $1,340 per ounce in Asian and European markets over the holiday weekend, Gold sold off in U.S. markets reaching a low of $1,331.50. I continue to believe Gold should trade between $1,320 and $1,350 per ounce for a couple weeks, while it consolidates recent gains.

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SILVER

Silver spent most of last week trading above and below the key $17 per ounce level. Last Friday, Silver opened at $16.92 and then quickly moved to $17.12. Silver closed the day at $17.07 per ounce, which was down $0.14 for the week. I believe last week was a badly needed consolidation week for Silver, and it should continue its move higher now. Even though Silver didn’t show the same strength that the Gold price did last week, increasing the Silver/Gold ratio to 77.88-to-1, I look for the Silver price to catch up, moving above $17.50 per ounce in January.

The Gold/Silver ratio has increased to 77.88-to-1.

Today: Over the past couple days Silver has had a 50-cent high/low trading range. Silver reached a high of $17.40 over the holiday, and today hit a low of $16.89 per ounce. Silver needs to firmly stay above the $17 support level to regain its bullish sentiment.

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January 2018 CoinStats is now available

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 January 2018 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.

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Plus (+) graded Peace Dollar CoinStats

It’s now been 10 years since PCGS and NGC have been grading coins with a plus (+) grade. I believe that the populations for coins of MS66 and below have enough plus coins to provide a plus CoinStats section. Because the disparity between PCGS and NGC plus grade population is so large, I did the first plus grade CoinStats using pops from PCGS coins only. I selected PCGS Peace Dollars with plus grades from grade MS64 to MS66 to set the criteria for recommended coins. If you wish to view the first CoinStats for plus grades, simply write Plus graded Peace Dollar in the subject line. I would sincerely appreciate your input on the statistical analysis.

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 30% of investment capital

Diversification:  Gold 55%, Silver 35%, 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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