Daily Market Report 1/21/15

GOLD

Gold broke above the important $1,300 per ounce resistance level earlier today, reaching $1,305 per ounce. Physical demand for Gold investment products remains strong worldwide. Today, the word for Gold on the trading floor is consolidation.

At 11am PST today, Gold is trading at $1,293 per ounce, up $1 on excellent volume.

SILVER

Silver is this year’s star performer, up $2.57 (16.50%) since the beginning of 2015. Many of our Silver clients, who purchased their 2015 Silver Eagles on a pre-order basis should be very happy. We received our first order of 2015 Silver Eagles late yesterday and have begun shipping out the pre-orders today. Many of the east coast shipments will go FedEx ground on Monday.

At 11am PST today, Silver is up $0.25 per ounce, trading at $18.15, above the important $18 resistance level.

RARE COINS

The January 2015 CoinStats reports (an in-depth statistical analysis) for $20 Gold Saints, $20 Gold Liberties, $10 Gold Indians, Morgan & Peace Silver Dollars and Walking Liberty Half Dollars are now available. The CoinStats PDF is available by email free of charge to any of our current clients, and available to non-clients next month.