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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 lower: GCZ5 -0.3 (-0.03%), SIZ5 -0.038 (-0.24%), HGZ5 -0.011 (-0.47%). Monday's closes: GCZ5 +1.0 (+0.00%), SIZ5 +0.445 (+2.92%), HGZ5 +0.030 (+1.29%). Metals on Monday closed higher with Dec silver at a 6-week high. Metals prices were boosted by expectations that the Fed will delay an interest rate increase until next year, and the -1,875 MT decline in LME copper inventories to a 3-month low of 317,600 MT. Precious metals prices were undercut by the rally in the dollar and stocks.