Daily Market Report

Great day for precious metal owners! Gold, Silver, Palladium and Platinum opened lower and closed on or near the highs for the day. All precious metals were substantially higher today on the following bullish news… First, The Congressional Budget Office stated the 2011 deficit was going to be $1.5 trillion and projected the 2012 deficit would be well above $1...

Gold and silver rallied in the morning based on excellent overnight demand from Asian and European markets. Prices fell off in late New York trading after Oil declined $1.45 a barrel and buying switched to the equities markets.  Gold and silver are still holding within their trading ranges and with the Chinese New Year starting next week, which historically has...