Monday, January 30, 2012

Gmail - ACTION NEEDED: Do you want this free weekly precious metals newsletter? - rejackh@gmail.com

Gmail - ACTION NEEDED: Do you want this free weekly precious metals newsletter? - rejackh@gmail.com

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Lee Bellinger lee@americanlanternalerts.com via publicaster.com to me
show details 9:19 AM (1 hour ago)
Lee  Bellinger's Executive Bulletin


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Dear Jack,
I've just noticed that, as of right now, you are NOT automatically receiving Independent Living Bullion's free weekly precious metals market alerts. I have taken the liberty of sending you this week's bulletin, which appears directly below.
But if you wish to be kept fully apprised of important developments in the precious metals market, I urge you to sign up for these free email alerts by visitingwww.IndependentLivingBullion.com and filling out the form at the bottom of that page.
Respectfully Yours,
Stefan Gleason
Stefan Gleason, President
Independent Living Bullion
1-800-800-1865
Precious Metals Market Update
January 29, 2012 – Precious metals surged dramatically last week, responding to an announcement from the Federal Reserve. The Fed indicated that it will maintain interest rates at essentially zero through at least 2014 and print more money through its new policy of "inflation targeting."
Gold gained $72.00 (4.3%) with a Friday close at $1,740/oz, and silver gained $1.76 (5.5%) to close at $33.99/oz.
Platinum continued its recent gains, adding another $86 (5.3%) to close at $1,627/oz. Platinum prices have soared $220 (15.7%) since Jan. 9th. Palladium had another "up" week, gaining $11/oz (1.6%), but lagged relative to the gains of the other metals.
From a chart perspective, even though the precious metals complex has pulled back somewhat this morning, gold and silver have held above important barriers at $1,700 and $32.50 respectively. The next area of price resistance for gold appears to be at the $1,750 level. Silver could find a little resistance around the $34 level, but it appears the next significant challenge will be topping $35.50.
Ben Bernanke Gooses the Market Yet Again
Independent Living Bullion's Precious Metals IRAs
The Federal Open Market Committee held its first meeting of the year last week. In Ben Bernanke's post-meeting remarks on Wednesday, he promised to maintain the current Zero Interest Rate Policy (ZIRP) through the end of 2014 – extending a year beyond previous commitments.
Bernanke also re-asserted that the Fed stands ready to purchase more bonds. No surprise – the Fed has already proven itself to be more than willing to create any amount of digital money needed to buy U.S. Treasuries and pursue the failed policies of stimulus and currency devaluation.
All of these recent developments are bullish for the precious metals.
Announcing Availability of $50 Bags
of Pre-1965 Coins
Premiums fell slightly on some retail bullion items last week, including pre-1965 silver coins, silver Maple Leafs, and some fractional gold coins such as the Ā½ ounce American Eagle.
A reminder: 2012 silver American Eagles have arrived in inventory! We still have the 2011 variety coming in as well, so please make sure and let us know if it is important to you to have the 2012s when you order.
Additionally, Independent Living Bullion is now pleased to announce a new reduced minimum bag size on the pre-1965 silver coins. The new $50 face value bag (containing 35.75 oz of silver) can now be bought for less than $1,300. Check out our junk silver product page for up to the minute pricing.
Call Independent Living Bullion to Buy or
Sell Precious Metals Coins, Bars, and Rounds
1-800-800-1865
.

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© 2009-2012 Lee Bellinger's Executive Bulletin, a free supplemental email newsletter to Independent Living.
377 Rubin Center Drive • Suite 203 • Fort Mill, SC • 29708 • (877) 371-1807


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