Commodities continue to sputter. With the European Economy back in recession the need for commodities dissipates. As a result Gold falls USD$16/oz @ USD 1714.10/oz. Silver holding its’ own dips 0.30 cents to USD$32.58/oz. On the other hand as we continue to get raked over the coals with a price of $1.25/liter at the pumps, Oil slips 0.89 cents per barrel @ USD$85.43/Barrel. With the potential of war escalating in the Middle East look for Oil to explode to the upside regardless of slowing economies. Euro heads toward 1.2800/USD and the C$ hovers below Par looking to weaken further.

Note-movements based on previous days closing market prices.                                                Check out-www.donfilippo.ca