Weekly Market Report 1/5/15

Links to recent informative articles on precious metals and rare coins:

Is Russia really on the ropes: Could it sell its gold?

Gold retains position as safe haven for 2015

This Week’s Headlines:

Gold
Silver
Collectible Coin Protection Act passes Congress
Major Rare Coin Convention in Orlando, FL
Pre-order 2015 First Strike BU Gold & Silver Eagles & Gold Buffalo
Recommended Investment Commitment and Diversification

GOLD

Gold closed the year at $1,183.90, down $18.70 for the year, a 1.5% decrease in value. During 2014, Gold reached a high of $1,392.60 and a low of $1,130.40 per ounce. The value of Gold priced in U.S. Dollars was surprisingly strong considering the 2014 strength of the U.S. Dollar. The Dollar moved from $1.35 dollars to the Euro to $1.18, a 14% increase in the Dollar’s value. Worldwide physical demand for Gold during 2014 is considered to be flat from record 2013 levels.

With 2014 behind us, we are now moving into the 1st quarter of 2015, traditionally a very bullish period for Gold. I believe that we will see Gold renew its bullish trend this year, reaching $1,500 per ounce by year end. I think that worldwide currency instability is going to be the primary reason why there will be a run to Gold in 2015, which provides a safe haven that investors need.

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SILVER

Silver dropped $3.74 last year, closing the year at $15.60 per ounce; a 19.34% decline. In 2014 Silver reached a high of $22.22 per ounce, and a low of $14.16 per ounce. I believe 2015 will be a profitable year for Silver investors if they are able to purchase at under $16 per ounce.

Physical demand for Silver continues to break all-time high sales records. As of year-end, the U.S. Mint sold 44,006,000 1oz .999 2014 Silver Eagles. Other mints around the world also report all-time record sales for 2014.

Silver ended 2014 with the Silver/Gold Ratio at a record 75.85-to-1

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Collectible Coin Protection Act passes Congress

As Chairman of the Gold and Silver Political Action Committee I am very proud to say that H.R. 2754 Collectible Coin Protection Act was passed by Congress on December 15, 2014 and was signed by the President of the United States on Dec 18, 2014.

The Collectible Coin Protection Act helps combat the counterfeiting of numismatic items and grading-service slabs. This bill will give more teeth to the existing law and have a significant positive impact within the rare coin and precious metal community.

Stopping Chinese Counterfeit coins is the No. 1 legislative priority of the Gold & Silver PAC. It is crucial that we find a means of stemming the influx of very high quality counterfeit coins entering the US marketplace from China. Guided by Political Consultant Jimmy Hayes, it was decided that legislation would be the most effective remedy. This new law allows for both civil and criminal penalties against companies or individuals that import, distribute, or resell Counterfeit coins. This bill will modify the Hobby Protection Act to give law enforcement agencies the additional enforcement and deterrent powers they need to stop the inflow of all counterfeit coins.

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Major Rare Coin Convention in Orlando, FL

Tomorrow I am flying to Orlando for the Florida United Numismatic (FUN) coin convention. This convention is a major event for the rare coin community, with thousands of dealers, investors, and collectors attending. In addition to having a trading floor with over 500 rare coin dealers, there will also be a major rare coin auction. I am asking my rare coin clients to email me an updated want list. I recommend emailing me ASAP. I’ll be on the bourse convention floor at Table# 0117 should you be in the area and wish to stop by to say hello.

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Pre-order 2015 First Strike BU Gold &Silver Eagles and Gold Buffalo at today’s low price

Stuppler & Company is now accepting orders for First Strike U.S. 2015 Silver Eagles, $50 Gold Eagles, and $50 Gold Buffalo.

Get First Strike BU Silver Eagles for only $3.29 over spot in lots of 100 - 499, and $2.95 over spot for the FirstStrike Green Monster box (500 coins.)

U.S. First Strike BU 2015 $50 Gold Eagles for only 4.25% over spot with minimum order of 5, and get First Strike BU 2015 $50 Gold Buffalo for only 6% over spot, also with a minimum order of 5.

You can lock in today’s low Gold and Silver prices on these 2015 First Strike BU coins for delivery early in 2015. Call toll-free 1-888-454-0444 or email me at [email protected].

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 45% of investment capital

Diversification:  Gold 45%, Silver 45%, Platinum & Palladium 10%

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

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REMEMBER THE BLOG

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.

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