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 prices this morning are trading mixed: GCZ4 +3.7 (+0.30%), SIZ4 +0.044 (+0.25%), HGZ4 -0.031 (-1.03%). Metals prices on Friday settled mixed. Closes: GCZ4 -2.2 (-0.18%), SIZ4 -0.106 (-0.61%), HGZ4 +0.0220 (+0.74%). Gold and silver closed lower after the dollar strengthened and after stocks rallied, which reduced safe-haven demand for precious metals. Dec copper recovered from a 7-month low and closed higher on signs of additional stimulus from China after the WSJ reported that the PBOC may inject up to 200 billion yuan into 20 Chinese banks.