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2012/08/20

Monday Morning Silver and Gold Update for 8/20/12....Peter R.....Southern Trust Metals, Inc.

Good morning Andrew,

U.S. stocks appear to be headed for a quiet open, struggling to find direction as investors eye a round of high-profile crisis related meetings in Europe, and at the same time they await the release later this week of minutes from the Federal Reserve's latest policy meeting.......Dow futures currently indicate a 4 point higher open......

Meanwhile; most of the other markets we follow on a day to day basis are listless as well......The Euro currency is 7/100ths of a U.S. cent lower at $1.2328......Crude Oil sits at $96.02 up 1 cent per barrel....

Metals are taking the same tack in late morning London activity......Silver is $28.14; up 1 cent.......Gold is $2.00 lower at $1615.00........Palladium is $603.00 down $5.00 per ounce....Platinum is down $3.00 and changing hands at $1474.00.......

On the European stock market front we find the averages flat to up 0.4%, while Asian markets closed mixed.......

That's about it ......Have a good morning......
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080

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