Video Alert and PDF: Learn from a Market Veteran (Free!)
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 this morning are mixed: Dec gold -1.5 (-0.11%), Dec silver +0.045 (+0.23%), Dec copper +0.014 (+0.62%). Tuesday's closes: Dec gold -13.7 (-1.02%), Dec silver -0.431 (-2.20%), Dec copper -0.0275 (-1.25%). Metals on Tuesday closed lower with Dec silver at a 1-week low. Metals prices were undercut by a stronger dollar and by reduced safe haven demand for precious metals with the rally in stocks. Copper was undercut by the +7,350 MT increase in LME copper inventories to a 2-3/4 year high of 371,475 MT.