PRECIOUS METALS REPORT: December 13, 2024 (“Upward Sloping”)

Happy Friday everyone!

Wow, where did that week go?

Time is flying by and that means it’s time again for our weekly PRECIOUS METALS REPORT courtesy of my friend Ira Bershatsky.

As always, my standard disclaimer: Not personalized financial advice, but this is the quality of insight and macro analysis that people pay big money for…and thanks to Ira, I’m pleased to be able to share it was all of you.

Today it’s all about “upward sloping” and that sounds pretty good to me, how about you?

I like when things slope upward, especially Gold and Silver!

Here’s more, from Ira Bershatsky in this week’s Precious Metals Update:

This week’s mantra, as I advocate every week, is to buy on the dip when the opportunity occurs.  That opportunity has occurred over these last two days.

After a significant runup in price this week, recouping the decline of the last month, precious metals prices have taken a breather.  The long-term trend continues to be positive with both gold and silver above their upward sloping 200-day moving averages.  This is the moving average the big players use for a trend.

Economic Reports This Week

The Consumer Price Index (CPI) was released on Wednesday and showed an increase for November of .3% and an annual rate of 2.7%.  This is for the non-core reading.  The core reading which excludes the volatile food and energy components was up .3% from October at an annual rate of 3.3%.  Significantly above the FED’s 2% inflation target.

The Producer Price Index (PPI) was released on Thursday and showed an increase for November of .3% and an annual rate of 3%, the largest 12 month increase since February 2023.  The core reading which excludes the volatile food and energy components was up .1% from October and at an annual rate of 3.5%.  Consumer prices reflect producer prices later on.

Until next time…

If you want to take advantage of the “buy the dip” opportunity, Ira can help you out.

You can also get Gold and Silver for NO MONEY OUT OF POCKET if you have a retirement account sitting around (and most people do).  Most people have no idea they can use that retirement account to shift out of volatile Stocks and Bonds and into “God’s Money”.

But you need a good advisor and that’s where Ira comes in.

He’ll handle the whole process for you and make it smooth as butter.

I know many of you are already familiar with Ira Bershatsky, but for those who don’t know him, you can find Ira and his company, Advisor Metals, over at WLT Precious Metals.

I have personally sent family members to Ira for 5-figure purchases of Gold and Silver and he treated them like royalty.  They were very pleased.

That’s how much I trust Ira.

No one has a crystal ball for the markets, but I trust Ira’s ethics and morals and customer service implicitly.  I always hear glowing reviews!

I didn’t tell him I was sending them over either (and these particular family members have a different last name) so I did it as a bit of a “secret shopper” test and Ira passed with flying colors.

Of course I knew he would.

That’s why I work with him and that’s why I have confidence telling you about him.

Ira can handle bulk purchases of bullion, coins, whatever you want.

All custom ordered and shipped right to your door.

A lot of people love Bullion because its the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.

You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ira can also help you if you want to purchase Gold and Silver in your IRA.

I mean, his name is Ira, after all, OF COURSE he can help you purchase in your IRA account.

The thing I love about purchasing in your IRA account is you can do it with no money out of pocket.  You just take money already in the IRA account, perhaps in stocks or bonds or other investments, and you can shift it into Gold and Silver.

Again, I’m not your personalized financial advisor, I’m just explaining how it works.

And it’s REALLY cool.

So even if you’re saying times are tough right now, I don’t have a lot of spare money to shift into Gold and Silver, you might have a golden opportunity (pun intended!) already sitting there in an established retirement account.

I’ll be back next Friday with another Precious Metals Report update from Ira.

Until then….

Noah out.