Daily Market Report 1/7/14

GOLD

Since the first of the year, Gold trading around the globe has been moving higher on excellent volume. A combination of strong physical demand and decreasing supplies is making Gold look attractive to professional floor traders. When Gold moves above the $1,250 per ounce resistance level, many commodity professionals will become short term bullish, and when it moves above $1,300 they will become long term bullish. At 11am PDT today, Gold is trading at $1,230 per ounce, down $8 per ounce on average volume.

SILVER

The world’s Silver markets continue their bull/bear flight to stay above the key $20 per ounce price level. I read an informative bullish article that provides seven great reasons to own Silver at the current Silver/Gold ratio of 61 to 1. You can read the article at http://www.mintstategold.com/investor-education/cat/news/

At 11am PDT today, Silver is trading at $19.91 per ounce, down $0.36 per ounce on average volume.

Pre-order 2014 First Strike Silver Eagles

Stuppler & Company is now accepting orders for 1st Strike U.S. 2014 Silver Eagles at only $4.19 over spot in lots of up to 499, and $3.99 over spot for 1st strike in the Green Monster box (500 coins).

You can lock in today’s low Silver price for delivery early in 2014. Call or email me at 888-454-0444 or [email protected].