Compiled 02/17/12 6:00 AM (CT) Statistics: London Gold Fix $1,732.00 +$19.00 LME Copper Stocks 306,375 tons -4,750 Shanghai Deliverable stocks were 217,142 tons +18,940 SILVER MARKET FUNDAMENTALS: (6:00 AM CT) Like gold, silver got a boost yesterday from supportive US economic data and saw some modest follow through overnight from stronger equity markets and guarded optimism that Greece will secure EU support. But again, yesterday's bounce only went so far, possibly because the latest inflationary data was less than robust. If today's CPI number comes in close to expectations or lower, silver could find it difficult to mount much of a rally. One thing silver has on its side relative to gold is that last week's COT data still showed specs holding a relatively low net long position, which should keep any long liquidation pressure, should it develop, on the light side. Comex Silver Stocks were 129.131 million ounces, down 193,754. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) Asian equity markets were generally higher overnight, mainly in reaction to the late rebound in yesterday's US equity markets. European equity markets have been able to maintain that positive tone this morning as increased market optimism that Greece will avoid a disorderly sovereign debt default is helping to underpin prices at these levels. While a strong German PPI number earlier today helped to reinforce early gains, the resignation of the German President has injected some uncertainty into the markets. Early US stock market action has been close to unchanged levels, with prices holding just below the recent highs. In looking forward to US trading today, the market will see a reading on US CPI as well as a private survey of Leading Indicators later on in the session.