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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 higher: GCJ5 +15.1 (+1.26%), SIH5 +0.360 (+2.19%), HGH5 +0.067 (+2.50%) at a 1-1/2 month high. Metals prices on Wednesday closed higher: Closes: GCJ5 +4.2 (+0.35%), SIH5 +0.327 (+2.02%), HGH5 +0.0155 (+0.59%). Bullish factors included (1) the weaker dollar, (2) Tuesday's comments from Fed Chair Yellen that signaled the Fed is in no hurry to raise interest rates, and (3) the unexpected strength in the China Feb HSBC manufacturing PMI, which is positive for industrial metals demand.