Weekly Market Report 12/15/14

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

Chinese and Indian Gold demand boost fundamentals further

This Week’s Headlines:

Gold
Silver
Pre-order 2015 First Strike BU Gold & Silver Eagles & Gold Buffalo
Recommended Investment Commitment and Diversification

GOLD

Gold closed last Friday at $1,222.50 per ounce, up $32.10 per ounce for the week and $48 per ounce for the month of December. Demand for Gold remains strong as buyers continue to be aggressively paying over $1,200 per ounce. Currently, Gold is trading in the $1,200 to $1,239 price range, consolidating its recent gains and preparing to move above the next resistance level of $1,240 per ounce.

Historically, the Gold price is affected positively or negatively by the direction of the Crude Oil price, since increases in the Crude Oil price are seen as inflationary. In July of this year Crude Oil was trading at over $100 per barrel, and Gold was selling in the $1,300 per ounce area. Had I known the price of Crude Oil would drop to $57 per barrel, I’d have guessed Gold would be trading around $1,000 per ounce. However, the demand for physical Gold has remained very strong in the face of falling Crude Oil prices and a strong U.S. Dollar. This recent strength in the Gold price adds additional creditability to analysts that feel we will see a much higher Gold price in both the short and long term.

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SILVER

The Silver price broke above the $17 per ounce resistance level last Tuesday and never looked back, closing above $17 per ounce the rest of the week. On Friday, Silver closed at $17.06 per ounce, up .80 per ounce for the week, and $1.50 (9.6%) since the beginning of the month. Silver should test the $17 support level this week, and could drop as low as $16.40 before seeing bargain buying. Silver really needs to move back above $18 per ounce to regain bullish sentiment from the professional commodity traders.

Physical demand for Silver continues to break all-time high sales records. As of Dec 12, the U.S. Mint has sold 43,269,500 1oz .999 Silver Eagles.

Right now the Silver/Gold Ratio is at 71.67-to-1.

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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 U.S. First Strike BU 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 First Strike Green Monster box (500 coins.)

Get 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 5% 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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