Tuesday Morning Silver and Gold Update for 1/17/12.....Peter R....Southern Trust Metals, Inc.

Good morning Andrew,

In the wake of the holiday week-end the U.S. resumes trading today where markets appear to be headed for a solidly higher open.....The bullish sentiment stems from  better than expected Chinese GDP data, and a robust German business sentiment survey....The reports are acting to buffer last Friday's European debt rating downgrades, and the ongoing worries over the Euro-zone....Looking across the Atlantic we find metals trading sharply higher with Silver up 96 cents at $30.51......Gold sits at $1664.00 up $33.00 per ounce.....Palladium is higher by $28.00 at $665.00.....Platinum starts the U.S. trading week up $46.00 at $1536.00....Meanwhile, the Euro currency is bouncing by 1.28 cents against the U.S. Dollar......Last trade $1.2798.....Over in the energy markets Crude Oil traders are wasting little time reacting to the overseas data....Oil is up by $2.20 per barrel at $100.90, once again breaking through the psychological $100.00 barrier.....As for the stock markets; European indexes are up by a little over 1% while Dow futures are indicating a 104 point higher open....A good start to the shortened U.S.  trading week.....That's it....Have a good morning.....
Peter R.....Southern Trust Metals,Inc.
Toll free 1-877-448-0080

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