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Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
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Metals prices this morning are higher: GCZ4 +2.6 (+0.22%), SIZ4 +0.118 (+0.73%), HGZ4 +0.042 (+1.37%). Metals prices on Thursday closed lower. Closes: GCZ4 -3.0 (-0.25%), SIZ4 -0.064 (-0.39%), HGZ4 -0.0255 (-0.84%). Bearish factors included () a stronger dollar, and (2) global growth concerns that may lead to reduced demand for industrial metals after the China Nov HSBC manufacturing PMI fell to a 6-month low and the Eurozone Nov composite PMI slid to a 16-month low.