Daily Market Report 12/13/13

GOLD

The Labor Department reported today that wholesale prices in the U.S. dropped 0.01% in November. This was the third straight month the wholesale prices have dropped, reflecting lower costs in energy and cars, with little to no government reported inflation during that period. Gold reacted positively to the report and quickly rallied $12 per ounce. At 11am PDT today, Gold is up $9 per ounce, trading at $1,234 per ounce on light volume.

SILVER

Silver showed more price strength then Gold today, rallying to $19.78 per ounce on the low inflation news. At 11am PDT today, Silver is trading at $19.62 per ounce, up $0.15 on light volume.

Pre-order 2014 First Strike Silver Eagles

Stuppler & Company is now accepting orders for 1st Strike U.S. 2014 Silver Eagles at only $4.24 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].