IT'S BEGINNING TO FEEL A LOT LIKE CHRISTMAS

http://www.kitco.com/commentaries/2017-12-21/It-s-Beginning-To-Feel-A-Lot-Like-Christmas.html

WORLD SILVER PRODUCTION: 1493-2017

YELLEN CONCERNED ABOUT U.S. DEBT

FED RAISES INTEREST RATES

The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday. 

"Economic activity has been rising at a solid rate ... job gains have been solid, " the Fed's policy-setting committee said in a statement announcing the federal funds rate had been lifted to a target range of 1.25 percent to 1.50 percent.

Gold and Silver gain about 1% and 2%. 

SILVER'S POSITIVE FUNDAMENTALS

– Increased efforts in green energy and advanced technology set to boosts silver’s demand
– Four-year supply deficit set to increase due to fewer mine openings and discoveries
– Bank manipulation may be why silver under performing
– TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018
– Growing industrial demand combined with monetary safe haven makes silver an excellent diversifier 

TAX CUTS AND MISSILES HAVE LITTLE EFFECT ON GOLD PRICING

http://www.kitco.com/commentaries/2017-11-28/Tax-Cuts-And-Missiles-Have-Little-Effect-On-Gold-Pricing.html

GOLD AND SILVER GAIN ABOUT 1% (11-22)

The Metals:

Gold saw only modest gains in Asia and London, but it then climbed steadily higher in New York and ended near its late session high of $1294.50 with a gain of 0.91%. Silver rose to as high as $17.162 and ended with a gain of 1.12%.

Euro gold rose to about €1093, platinum gained $7 to $937, and copper climbed a penny to about $3.14.

Gold and silver equities rose over 1% by midday and remained near that level into the close.