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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 this morning are mixed. Dec gold +0.8 (+0.06%), Dec silver -0.013 (-0.07%), Dec copper -0.011 (-0.50%). Wednesday's closes: Dec gold +7.0 (+0.55%), Dec silver +0.025 (+0.14%), Dec copper -0.0020 (-0.09%). Metals on Wednesday settled mixed with Dec gold at a 2-week high and Dec silver at a 1-week high. Metals prices were boosted by fund buying of gold as long gold ETF positions rose to a 3-1/4 year high on Monday. Copper prices were boosted by the larger than-expected +6.3% increase in U.S. Sep building permits to a 10-month high, although housing starts showed an unexpected -9.0% decline.