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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 mixed: GCM6 +5.5 (+0.43%), SIN6 +0.109 (+0.63%), HGN6 -0.031 (-1.39%) at a fresh 2-week low. GCM6 -17.4 (-1.35%), SIN6 -0.198 (-1.13%), HGN6 -0.0325 (-1.46%). Metals on Wednesday closed lower with July copper at a 2-week low. Metals prices fell on a stronger dollar, reduced demand for gold as an inflation hedge after the 10-year T-note breakeven inflation rate fell to a 1-week low, and increased copper supplies after LME copper inventories rose +1,825 MT to a 1-1/2 month high of 156,50 MT.