Gold & Silver Are Trading At The Lower End Of The Recent Range
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
Links to recent informative articles on precious metals and rare coins:
Chartbook Of The "In Gold We Trust" Report 2018
Central Banks Buy Gold Fastest Since 2012
India’s Q4 Gold Imports Jump As Investors Seek Safer Bets Than Stocks
This Chart Says Silver Could Break Out Soon
Barron’s Cover - Gold Is Cheap, Inflation Is Coming, You Do The Math
Gold
Silver
Recommended investment commitment and diversification
Last week, we saw a number of world and U.S. events and announcements that affected the precious metal markets both upward and downward. Last week started with a new U.S. trade agreement with Canada and Mexico, which caused both Gold and Silver to move lower. Then, on Tuesday in early trading, fears of an Italian debt crisis caused concerns that the Eurozone would stimulate the economy. This drove Gold $17 higher because of the inflationary effect.
By Friday, we had fears of expanding China tariffs and seeing a major seller in the U.S. Treasury market, driving interest rates on the 10-Year Treasury to a seven year high of 3.22%. The U.S. Dollar Index remained strong all week (above 95), putting pressure on Gold and Silver prices.
Gold closed at $1,201.10 on Friday, up $9.50 for the week, but Gold continues to be locked into the $1,180 to $1,220 per ounce trading range. There is a great article on our website, called "In Gold We Trust."
Today: Gold saw selling in the Far East this morning, driving the price down to the lower end of the recent trading range of $1,186 per ounce. A higher U.S. Dollar Index is also putting pressure on Gold.
Silver closed last Friday at $14.56, down $0.06 per ounce for the week. During this very volatile week, Silver reached a high of $14.88 before seeing heavy short-selling. The Silver/Gold ratio has increased to 82.3-to-1. The key number remains $15 per ounce, as many professional traders see Silver in a bearish trend until it breaks that level.
Today: Silver followed Gold lower, reaching $14.25 before finding strong buying. Demand for physical Silver investment products picked up dramatically at the lower level.
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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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.





