Good morning Andrew,
Metals are beginning the new trading week steady to mixed after G8 leaders pledged to keep Greece in the Eurozone; although concerns remain among investors as to the details....The devil always resides in the details........As always political lip service remains cheap.....Looking across the Atlantic we find Gold edging lower by $1.00 to $1591.00 per ounce.....Silver is $28.51 off 25 cents......Palladium is up $10.00 to $619.00.....Platinum sits at $1471.00 up $9.00......
The Euro also seems to be stuck in neutral regarding currency trader perceptions of the G8....Last trade $1.2770 off 1/10th of a cent versus the Dollar.....Meanwhile; Oil is changing hands at $91.80 up 32 cents per barrel....
On the other hand; Eurozone stock markets are expressing a bit of optimism over the G8 with prices up 0.8% to 1%.....In New York trading Dow futures are indicating a 75 point higher open on spill over sympathy with European stocks, and in an absence of any U.S. economic data.....That's about it....I hope you found time to read the week-end research I sent you......
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080
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