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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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Precious metals prices this morning are lower: Aug gold is -6.0 (-0.51%). Sep silver is -0.030 (-0.19%). Sep copper is -0.028 (-1.04%). Monday's closes: GCQ5 +5.8 (+0.49%), SIN5 -0.013 (-0.08%), HGN5 -0.0020 (-0.08%). Precious metals on Monday settled mixed. Supportive factors included safe-haven demand for precious metals tied to the Greek crisis and the Chinese -25 bp rate cut, which may revive economic growth and boost demand for industrial metals, including copper. The Greek crisis was a negative for copper due to implication of slower European industrial metals demand.