Commodities exploded to the upside as markets welcomed the potential positive sentiment from continued negotiations to hopefully avert the ‘financial cliff’. With a positive turn of events the optimism could bring a nice relief rally before the year end and the possibility of inflationary pressures. As a result Gold surged USD$16.60/oz @ USD 1731.30/oz. Silver up 0.73 cents to USD$33.10/oz. With continued hostiles escalating in the Middle East Oil surged $2.31/barrel to USD$89.23/B. Euro heads toward 1.2800/USD and the C$ hovers just above Par, showing signs of renewed strength.

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