Compiled 08/31/11 6:00 AM (CT) Statistics: London Gold Fix $1,826.00 N.A. LME Copper Stocks 463,825 tons -550 tons SILVER MARKET FUNDAMENTALS: (6:00 AM CT) The silver market this week has generally carved out a pattern of lower highs on the charts and the December silver contract comes into the Wednesday US trade action sitting modestly below this week's highs. Silver is probably drawing some support from news overnight of central bank gold purchases last month and in general gold and silver both continue to benefit from general uncertainty on the global economic front. The fact that gold and silver prices earlier this week rose in the wake of easing talk from the Fed's Evans and they also appeared to rise off the much weaker than expected consumer confidence readings, suggests that macro economic uncertainty is still a very key component of the bull's case. Therefore the silver market might be expected to react to the private jobs estimates and to the Factory orders data. It would seem like the jobs news, could be a little disappointing to silver, while the Chicago PMI report might provide some fresh concerns of slowing. Comex Silver Stocks were 104.891 million ounces down 29,381 ounces. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) While equity markets in both Asia and Europe were stronger during overnight trading, early indications are that US equity markets will open with substantial gains later on today. The US Dollar is near unchanged levels against most of the major currencies this morning, although posting a gain versus the British Pound. The German cabinet approved expanding the powers of the Euro zone's emergency bailout fund. The Chinese Premier stated that fighting inflation is still a top priority of his nation's economic policy. UK Consumer Confidence during August was -31, better than expectations. Japanese Industrial Production during July was up 0.6%, lower than forecasts. Japanese Housing Starts during July were up 21.2% year-on-year, much higher than projections. German Retail Sales during July were unchanged, better than expected. German Unemployment during August was 7.0%, in-line with forecasts. Euro zone CPI during August was up 2.5% year-on-year, in line with forecasts. Euro zone Unemployment during July was 10.0%, slightly higher than expected. Major US economic numbers to be released this morning include a private survey of National Corporate Employment at 7:15 AM, July Factory Orders as well a private survey of Business Sentiment in the Chicago Area at 9:00 AM, and a private survey of mortgage applications released before the session. In addition, Fed Regional President Lockhart will give a speech during the session.