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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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Precious metals prices this morning are mixed: Aug gold is +3.6 (+0.31%). July silver is +0.030 (+0.19%). July copper is -0.022 (-0.81%). Friday's closes: GCQ5 +1.4 (+0.12%), SIN5 -0.063 (-0.40%), HGN5 +0.0215 (+0.82%). Precious metals on Friday settled mixed. Negative factors included (1) the rally in the dollar index to a 2-week high, and (2) the stronger-than-expected final-June U.S. consumer sentiment index, which may push the Fed to raise interest rates. Jul copper posted a 1-week high on reduced supplies after weekly Shanghai copper inventories fell -12,270 MT to a 5-3/4 month low of 112,921 MT.