Good morning Andrew,
Markets are beginning the new trading week flat to a shade lower as traders pause to reevaluate the global economic climate...Last Friday's disappointing U.S. data is the underlying cause for the consolidation....
Looking at the global stock markets we find Asian issues closing flat to up .2%.....Europe is down .6%.....U.S.. markets as measured by the Dow Jones Industrial Average is being indicated to open about 20 points lower.....The Dow closed last Friday with a loss of 20 points as well....
In currency trading the Euro sits at $1.3162 off 17/100ths of a cent against the Dollar.....In energy trading Crude Oil is down 33 cents at $106.73.....
Metals are mixed with Silver changing hands 15 cents lower at $32.50.....Gold is down $2.00 at $1654.00....Palladium sits at $707.00 up $5.00.....Platinum is up $2.00 at $1678.00 per ounce.....
In other news of interest Syria remains under siege after heavy fighting erupted early today between armed defectors and the Syrian Army in a wealthy and well-protected area of Damascus......Iran seems quiet for the moment....In France; three schoolchildren and their teacher were reported dead Monday after a gunman opened fire outside a Jewish high school in the southern French city of Toulouse......
That's it....I hope you found time to read the special Saturday research article I sent you over the weekend......
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080
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