Weekly Market Report 1/21/13

The January 2013 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold Libertys, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollar series.

This week we are accepting orders for the 2013 1oz Gold & Silver Eagles for immediate delivery at today’s low prices. These are the First Strike 2013 Gold and Silver Eagles in mint sealed boxes or perfect MS70 in PCGS holders. We also have a limited supply of the 2013 1oz Gold Buffalo in First Strike graded perfect MS70 by PCGS. Whether you are interested in owning certified 2013 Gold or Silver U.S. certified coins, or the popular sealed boxes of 500 piece First Strike Silver Eagle Green Monsters (now sold out by the U.S. Mint) see below for more information.

GOLD

It appears that Gold has started its long awaited upward breakout, rallying above $1,680 per ounce on Tuesday and closing between $1,683 and $1,690 the rest of the week. Gold closed on Friday at $1,687 per ounce, up $26.40 per ounce for the week. Gold should break out above the $1,700 per ounce resistance level this coming week; the only question is, will it stay there and make $1,700 the next support level as it continues its bullish run? 

Germany Wants its Gold Back

Germany’s Handelsblatt newspaper reported that the German’s Bundesbank will repatriate its Gold reserves held in Paris and move some which are currently in the New York Federal Reserve vaults back to Paris. Nearly 3,400 tons, or 45 percent of the Bundesbank’s reserves, are held at the New York Fed, while the Bank of France has 11 percent and the German central bank’s headquarters in Frankfurt houses 31 percent. The Bank of England holds 13 percent.

SILVER 

Last week was five great days for Silver investors, with the market trading higher every day. Silver stayed above $31 per ounce all five trading days and rallied above $32 per ounce on Friday. Friday, Silver closed at $31.93 per ounce, up $1.52 per ounce and briefly trading above the important $32 per ounce resistance level. Silver definitely out performed Gold last week, scoring a 4.93% increase compared to 1.57% for Gold. The Silver/Gold ratio remains at a favorable level for Silver of 52.83-to-1.

Physical Demand for U.S. Mint’s 1oz Silver Eagles Causes Sell Out

The United States Mint sent out an announcement last Thursday that they have sold over 6 million 2013 1oz Silver Eagles and are temporarily sold out of 1 ounce .999 2013 American Silver Eagle Bullion. As a result, sales are suspended until they can build up an inventory of these coins. U.S. Mint sales may resume on or about the week of January 28, 2013. The premium on popular First Strike 2013 1oz Silver Eagles and Early Release sealed Monster Boxes has already started to increase. To read about previous Silver Eagle rationing visit http://www.mintstategold.com/investor-education/return_of_silver_eagle_rationing/ 

We have these in stock now and ready for immediate shipment! Please see the section below titled Immediate Delivery for the 2013 1oz First Strike U.S. Gold & Silver Eagles at Today’s Low Prices to order yours today!

PLATINUM & PALLADIUM

Both Platinum and Palladium showed excellent price strength last week. Platinum was up $43 last week, extraordinary considering that Gold increased $26.40 per ounce. At $1,674 per ounce Platinum is now at only a $13 per ounce discount to the price of Gold. Palladium was up $21.30 last week, closing the week at $722.75 per ounce, above the key $700 per ounce resistance level. 

The January 2013 CoinStats is Now Available

Our numismatic CoinStats report is the best investment tool for rare coin investors. CoinStats is an in-depth statistical analysis of popular rare coin series that allows you to identify the best values in U.S. certified rare coins. I am proud to offer this unique and informative tool exclusively to our clients. The January 2013 CoinStats update is now available for $20 Gold Saint Gaudens, $20 Gold Liberties, Morgan & Peace Silver Dollars, and the Walking Liberty Half Dollar series.

The CoinStats Report provides a list of my recommended certified U.S. Gold and Silver coins which are listed on the best value page. These are not the overly-hyped modern issue bullion coins or low-grade circulated coins; they are PCGS/NGC Certified MS63 or higher Gold and Silver U.S. rare coins, dated prior to 1948. These investment quality rarities have a proven track record of appreciation over the past 60 years or longer.

For the latest CoinStats analysis, just put CoinStats in the subject line and email me which series you would like to see.

Immediate Delivery for the 2013 1oz First Strike U.S. Gold and Silver Eagles

The 2013 U.S. 1oz Gold Eagles, Gold Buffalos, and Silver Eagles, are now available at today’s low prices! We are offering First Strike 2013 Gold & Silver 1oz Eagles in PCGS perfect MS70 grade. We are also offering First Strike 2013 U.S. 1oz Gold Buffalos graded perfect MS70 by PCGS. Lastly, we have a limited supply of the popular 1oz 2013 Silver Eagles (the U.S. Mint is now sold out of these) in original tubes of 20, or sealed boxes of 500 (First Strike Green Monster Boxes.) 

To place your order call Barry or David at 888-454-0444 or email [email protected] or [email protected] 
To order online visit:

2013 1oz Gold Eagles
2013 1oz Gold Buffalos
2013 1oz Silver Eagles

Recommended Investment Commitment and Diversification:

Precious Metal Commitment: Minimum of 35% of investment capital

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

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

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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.