100 million active Muslim investors will be looking at Gold after Dec. 6th <br />Mint State Gold - Weekly Market Report 11/21/16

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This Week’s Headlines:

Gold
What does a Trump presidency mean
Gold is a One World Currency
100 million active Muslim investors will be looking at Gold after December 6th
Silver
Recommended investment commitment and diversification

GOLD

Unexpectedly, Gold has dropped $65 per ounce since the election of Donald Trump as president of the United States. During the same period of time, many Banking, Energy, and Pharmaceutical stocks have increased 10% or more. Additionally, interest rates and the value of the U.S. Dollar have rallied sharply. Gold ended the week at $1,208 per ounce, down $15.60 for the week.

Today: Gold opened higher, reaching $1,218 per ounce in Asian and European markets. Last Friday’s low of $1,201.30 appears to be the low, and fresh buying is driving the price higher.

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What does a Trump presidency mean

Many economists believe that a Trump presidency, combined with a Republican controlled congress, is highly likely to stimulate the economy. Market analysts think there will be a weakening of bank regulations, a loosening of drug oversight, and a lack of any new environmental controls. It appears that the Republican Party is truly the party of big business.

Many professional commodity traders and analysts are starting to realize that a Trump presidency is going to be very bullish for Gold in the long term. Please read my good friend, Michael Fuljenz’s article at the following link: Why Didn’t Gold React Better to Trump’s Win?

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Gold is a One World Currency

Why is Gold trading at a 6-month low of $1,208 per ounce? Has Gold really dropped 5% since November 9th? In terms of our currency (the U.S. Dollar), YES, Gold has dropped 5% since Nov. 9th; however, the Dollar has increased 5% versus the Euro and other global currencies during the past 2 weeks. Therefore, a European/Asian citizen is actually looking at a Gold increase, when priced in their respective currencies vs the U.S. Dollar, during this same two weeks. As such, American investors are looking at a real bargain in the cost of Gold.

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100 million active Muslim investors will be looking at Gold after December 6th

The new Sharia Gold Standard is set to be announced on December 6, 2016 at the World Islamic Banking Conference. "Shariah Standard on Gold" will provide "guidance from the Shariah perspective on the usage of Gold in financial and investment transactions for Islamic financial institutions and participants." This announcement is likely to bring millions of new investors into the Gold market. For more details please read this article: Islamic Gold – Vital New Dynamic in Physical Gold Market.

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SILVER

Last week was another down week for the Silver price, dropping $0.76 per ounce and closing on Friday at $16.62 per ounce. Silver broke below the key $17 per ounce support level last Monday and was on the defensive the rest of the week. Silver speculators were hit with margin calls on Tuesday and Wednesday causing the price to reach a low of $16.43 by Friday.

While the Silver futures and contract paper markets declined, the physical market for investment quality Silver products showed heavy demand. Demand for U.S. Silver Eagles, Silver trade units, and Silver dollars, caused many dealers around the globe to sell out.

The Silver/Gold ratio has increased to 72.71-to-1.

Today: Silver bottomed out at $16.43 last Friday and we are seeing heavy demand for physical investment products in Asia, Europe, the Middle East, and the U.S.

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 30% of investment capital

Diversification: Gold 50%, Silver 40%, Platinum & Palladium 10%

Diversification includes 50% in long term investment quality rare coins and 50% short term bullion products.

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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.