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 all weaker and at 1-week lows: GCJ5 -1.2 (-0.10%), SIK5 -0.074 (-0.44%), HGK5 -0.042 (-1.49%). Monday's closes: GCJ5 -15.0 (-1.25%), SIK5 -0.379 (-2.33%), HGK5 +0.014 (+0.51%). Gold and silver prices on Monday sold off sharply mainly because of the rally in in the dollar index. Howver, copper rallied on hopes for Chinese stimulus and on the stronger-than-expected U.S. pending home sales report, which may mean increased demand for copper for building new homes.