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 this morning are higher: Dec gold +3.5 (+0.26%), Dec silver +0.152 (+0.79%), Dec copper +0.003 (+0.14%). Thursday's closes: Dec gold +2.3 (+0.17%), Dec silver +0.067 (+0.35%), Dec copper +0.0025 (+0.11%). Metals on Thursday closed higher on the slump is stocks, which boosted the safe-haven demand for precious metals. In addition, the rally in crude oil to a 1-month high boosted inflation expectations and spurred demand for gold as an inflation hedge.