Compiled 02/25/11 6:00 AM (CT) Statistics: London Gold Fix $1385.50 +$8.50 LME Copper Stocks 411,750 tons -50 Shanghai Deliverable stocks were 158,101 tons -2,961 SILVER MARKET FUNDAMENTALS: (6:00 AM CT) Like gold, silver has been supported by safe-haven buying off of uncertainty in Libya and other parts of Middle East and North Africa, but it has stalled after trading to new contract highs on Tuesday. Yesterday the market appeared to react quite negatively a sell off in crude oil after there were reports that the Saudis will boost oil output to offset production losses in Libya as well as on rumors (unfounded) that Gaddafi had been shot. We would expect to see silver feel additional pressure if US economic data comes in strong today and possibility experience some more profit taking. Still, the ongoing unrest in the MENA region provides underlying support. Comex Silver Stocks were 102.331 million ounces down 34,655. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) Equity markets in Asia and Europe were generally stronger during overnight trading, and early indications are for the US stock market to open with moderate gains. The Dollar was moderately stronger against most of the major currencies during overnight trading, although it posted a loss against the Canadian and Australian Dollars. The UN Security Council will receive a draft proposal today for sanctions against Libya. Ireland will have a parliamentary election today, with the ruling coalition expected to suffer heavy losses. Japanese CPI during January was down 0.2% year-on-year, a higher rate than expected. A private survey of UK Consumer Confidence during February came in at -28, in line with forecasts. French Consumer Spending during January was down 0.5%, a smaller decline than expected. UK GDP during the fourth quarter was up 1.5% year-on-year, lower than expectations. Major US economic numbers to be released this morning include 4th Gross Domestic Product at 7:30 AM, and a private survey of US Consumer Confidence at 9:00 AM. In addition, Fed Vice Chairwoman Yellen will give a speech during today's session.