Tuesday, April 22, 2014

We should see some more activity in the markets today as everyone has returned from Easter weekend.

We should see some more activity in the markets today as everyone has returned from Easter weekend. The precious metals market is trading on the upside this morning with Gold, Silver, Platinum, and Palladium up roughly .23%, .64%, .53%, and 1.07% respectively. Palladium prices took a hit yesterday amid expectations of a negotiation being reached in South Africa. Palladium futures for June delivery settled $29.30 lower yesterday at 777.80. The three PT producers and the Association of Mineworkers Construction Union will meet today to discuss revised wages. People are anxious for this strike to be over as this has been the longest and most exorbitant strike the South African mines have ever experienced. Stay tuned for New Home Sales at 10:00 am! Have a delightful day.

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