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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 prices this morning are mixed: ?GCZ5 +10.8 (+0.95%), SIZ5 +0.024 (+0.16%), HGZ5 -0.022 (-0.92%). ? Monday's closes: GCZ5 -1.5 (-0.13%), SIZ5 +0.037 (+0.25%), HGZ5 -0.0085 (-0.36%). ?Metals prices on Monday settled mixed. ?Metals prices were undercut by speculation that the Fed may still raise interest rates at the Sep FOMC meeting after Fed Vice Chair Fischer said there's "good reason" to believe inflation will accelerate. ?Metals prices were also hurt by the slide in global stock prices that undercuts optimism in the economic outlook and demand for industrial metals. ?Metals found support from a weaker dollar.