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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: GCZ4 -1.7 (-0.13%), SIU4 +0.033 (+0.17%), HGU4 +0.018 (+0.57%). Metals prices on Tuesday closed lower with Sep silver at a 2-month low. Bearish factors included (1) the rally in the dollar index to an 11-month high, and (2) reduced safe-haven demand for precious metals after the S&P 500 rallied up to a 3-week high. Losses in copper were limited after U.S. Jul housing starts rose more than expected to an 8-month high. Closes: GCZ4 -2.6 (-0.20%), SIU4 -0.230 (-1.17%), HGU4 -0.0205 (-0.66%).