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 sharply lower: GCZ4 -19.4 (-1.58%) at a 3-week low, SIZ4 -0.429 (-2.48%) at a 3-week low, HGZ4 -0.041 (-1.30%). Metals prices on Wednesday settled mixed. Closes: GCZ4 -4.5 (-0.37%), SIZ4 -0.146 (-0.85%), HGZ4 +0.0115 (+0.37%). Dec gold fell to a 2-week low when the dollar index rallied to a 3-week high after the Fed ended QE3 and issued a mildly hawkish post-meeting statement. Dec copper jumped to a 5-week high after Japan Sep industrial production rose +2.7% m/m, the most in 8 months.