GOLD

The U.S. Dollar continues to rally based on the hope that $3 trillion, currently held overseas by American corporations, could be repatriated in the coming year. Gold reached a high of $1,290 today before the President focused on this issue today. At 11am PDT today, Gold is trading at $1,283 per ounce, down $4 on average volume.

SILVER

Silver traded between $16.61 and $16.91 per ounce today. When Gold started to fall off the highs, Silver slowly moved lower. At 11am PDT today, Silver is down $0.15 per ounce, trading at $16.70 on normal volume.