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.
See the markets Jim is watching each day
Get a free companion PDF that explains his "Cycle Trading" method
Learn how to identify chart formations that indicate potential breaking commodity markets
Watch Jim analyze actual charts in his videos, pointing out formations and signals
All you need to do to watch today's video and get the PDF is confirm here:
Precious metals prices are higher on some flight-to-quality and short-covering with Aug gold up +10.8 (+0.99%) and Sep silver up +0.107 (+0.74%). However, Sep copper is down -0.025 (-1.03%) on concern about the Chinese economy. Friday's closes: GCQ5 -8.6 (-0.79%), SIN5 -0.213 (-1.45%), HGN5 -0.0030 (-0.13%). Precious metals prices on Friday closed lower with Aug gold at a 5-1/2 year, Sep silver at a 7-1/2 month low and Sep copper at a 6-year low. Precious metals were pressured by dollar strength and continued gold selling as long gold positions in ETFs fell to a 6-1/3 year low Thursday. Copper prices were pressured by the decline in the Chinese manufacturing PMI to a 15-month low but recovered from their worst levels after weekly Shanghai copper inventories fell -7,750 MT to a 7-month low of 101,251 MT.