Good morning Andrew,
With the Thanksgiving holiday now in the rear view mirror, U.S. stock-market futures are lower with investors focusing on continued negotiations over the so-called fiscal cliff, and in advance of today's ongoing discussions among Euro-area Finance Ministers over the next tranche of Greek aid......I don't know whether to call it a Greek tragedy or Greek comedy at this point.......Dow futures are indicating a 46 point lower open.....In Europe; the major stock averages are down by 0.4% to 0.7%....The Euro currency is flat to a shade weaker against the Dollar at $1.2966 off 6/100ths of a U.S. cent......
Meanwhile is late morning London trading we find the metals trading marginally lower, mostly in response to a firmer U.S. Greenback......Silver is $34.09 off 3 cents......Gold is down $4.00 at $1747.00 per ounce.....Palladium and Platinum are both $6.00 lower at $664.00 and $1613.00 respectively......
On the energy front we find Oil changing hands at $87.83 down some 45 cents per barrel.....The firmer Dollar, and a tenuous cease fire between Israel and Hamas are the catalysts......
Since the U.S. economic calendar is dormant today, that's it......Call to receive our latest informational package on metals investing....
Peter R.....Southern Trust Metals, Inc.
Toll free 1-877-448-0080
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