Look to Buy Gold & Silver at a Great Price this Week

Links to recent informative articles on precious metals and rare coins:

Germany’s Bundesbank has Brought Home $95 Billion in Gold Bullion

China Takes the Long View on Gold-Silver... and So Should You

Gold Market Moves to the East

Silver Could Rally More Than 30 Percent

Silver Bullion Remains Good Value on Positive Supply and Demand Factors

 

This Week’s Headlines:

Gold
Silver
April CoinStats Available
Extraordinary $20 Gold Saint Collection being sold
US Mint to Release Proof Gold Buffalos on May 10th
Recommended investment commitment and diversification

 

GOLD

A combination of higher interest rates (10-Year Treasury at over 3%, the highest in the past four years), and a stronger U.S. Dollar (Index is 91.43) kept Gold on the defensive last week. The low of Friday was $1,313, closing at $1,320.30, down $16.70 per ounce. Last week, every time Gold traded below $1,320, we saw a major increase in physical Gold demand. In the past, the $1,320 level saw sizeable Central Bank buying.

I believe Gold has a 40% chance of testing the key $1,300 support level for the last time very soon. This needs to happen before Gold makes the last bullish run towards $1,400 per ounce, which I expect to see this year. I think Gold will trade between $1,320 and $1,360 as we move through the next couple months. This will give Central Banks and our clients an excellent opportunity to add sizeable amounts of Gold, at a great price, for their protection against devaluing currencies.

Today: This morning, with the U.S. Dollar and interest rates moving higher, Gold has been on the defensive. Gold hit a low of $1,310 per ounce on active trading, while seeing heavy demand.

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SILVER

Two weeks ago, Silver cleared above the important $17 per ounce resistance level. Silver hit a high of $17.36 on April 19th, then slid downhill from there. Disappointingly, Silver broke down below the $17 level last week, then short-selling appeared, driving the price down to below $16.40 per ounce. Last Friday, Silver ended the week at $16.40 per ounce, down a whopping $0.75 per ounce. I believe Silver’s 4.41% decline last week directly affected Gold, causing the 1% drop in price.

The Silver/Gold ratio moved higher last week to 80.67-to-1 last Friday.

Today: Silver led Gold lower this morning, with Silver reaching a low of $16.16 per ounce. Buyers appeared at that level, taking the price back above $16.28.

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April CoinStats 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 April 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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Extraordinary $20 Gold Saint Collection being sold

I have the honor of representing the owner on the sale of the A&A pedigreed collection of rare $20 Gold Saint Gaudens. The collection has many $20’s that are the finest known or tied for finest known, with PCGS grades from MS65 to MS68, and low populations from only 1 to 15.

This collection gives you the chance to pick up true Gold rarities that have not come on the market for over 15 years. The prices range from $5,800 to $525,000. Please take a moment to look at the pictures and descriptions of these rarities. They are listed on our website with prices at:

https://www.mintstategold.com/gold/us-mint-1/saint-gaudens.html.

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US Mint to Release Proof Gold Buffalos on May 10th

With the upcoming release of 2018 1oz Gold Proof Buffalos on May 10th, we want to notify all of our clients that we do plan on offering them for pre-sale starting around or slightly after that date. Though the US Mint has changed many of its rules over the last year with regards to releasing and selling coins, we are still striving to offer pricing and availability as soon as possible. If you wish to purchase this pre-sale with our exclusive Lowest Price Guarantee, please click the link to the coin(s) you are interested in below and click the "Notify Me" button and we will email you the minute they become available for pre-sale.

2018 Gold Buffalo PCGS PR70 DCAM First Strike

2018 Gold Buffalo NGC PF70 UCAM Early Release

2018 Gold Buffalo Proof Ungraded in Gov’t Packaging

Special label requests please email [email protected] or [email protected]

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 40% 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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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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