Gold, silver and palladium are flying right out of here while platinum stalls and consolidates.  New highs all around except for platinum.  Ho hum, the same old story.  January platinum settled today at $1771.10 up $2.20, above short term support at $1751.20 and $1743.50.  

Despite today’s technical bounce the fundamentals for the dollar are still weak making the precious metals continue higher.  The next hurdle for platinum is $1800.  When the fireworks start again $1800 could be blown through like a wisp of mist.  Consolidation followed by continuation is what we expect. An opportunity to buy is presenting itself. Take it.

Jan platinum $1,771.10, up $2.20; Range $1,751.20-$1,778.80
Dec palladium $710.90, up $25.50; Range $681.60-$713.95
Dec gold $1,403.20, up $5.50; Range $1,386.60-$1,407.20
Dec silver $27.432, up 68.4 cents; Range $26.515-$27.640