After recoiling to the USD$1625/oz the yellow metal slipped on renewed optimism for equities and market conditions. Manipulation seems to be the name of the game. Commodities continue to be extremely volatile. Today Gold is down $0.40 @ 1577.00; Silver slips $0.16 to 26.86/USD/oz. Oil dropped $3.53 yesterday but rebounded +0.24 cents this late morning to USD$88.38. With the threat of Israel attacking Iran over its’ Nuclear program we could see oil hit $150-$200/barrel in the near future. The Euro is presently around the 1.2100/USD level, with the potential to fall further toward the 1.1800 level. The Canadian dollar seems somewhat stable and weak with Oil and the European Crisis dictating its’ value. Presently around 0.9800 cents vs. the USD$.

Note-movements based on previous days closing market prices.