Silver poised for biggest monthly gain in 22 years

Date: Fri, 29 May 2009 12:01:12 -0400
Silver poised for biggest monthly gain in 22 years

Silver futures gain more than 2%, heading for their biggest monthly
gain in 22 years as inflation worries and hopes for an economic
recovery boosted the metal. Gold rose to three-month highs as the
dollar slipped.

OIL ECLIPSES $66 ON HOPES FOR BETTER ENERGY DEMAND

Oil futures rise past $66 a barrel, playing off data show a less severe
contraction in the U.S. economy than previously estimated and
rekindling hopes for stronger demand for energy.

ENERGY STOCKS EXTEND GAINS TO CAP OFF A STRONG MAY

Energy stocks finish out a robust May with fresh Friday gains, as
shares of petroleum producers and refiners play off the highest
crude-oil prices seen in six months.

CONSUMER SENTIMENT RISES IN MAY; BETTER TIMES SEEN

U.S. consumer sentiment rose in May, reaching the highest level since
September, as more Americans feel the end of the recession is
approaching.

BRITISH CONSUMER CONFIDENCE HOLDS STEADY IN MAY

British consumers remained dour in May, with a gauge of consumer
confidence showing no change.