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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 trading lower. GCZ4 -4.2 (-0.34%), SIZ4 -0.077 (-0.44%), HGZ4 -0.008 (-0.27%). Metals prices on Thursday closed lower. Closes: GCZ4 -3.6 (-0.29%), SIZ4 -0.109 (-0.62%), HGZ4 -0.0275 (-0.91%). Bearish factors included (1) the recovery in stocks which reduced the safe-haven demand of gold, and (2) the +3,025 MT surge in LME copper inventories to a 2-3/4 month high of 157,675 MT.