HomeInvestingBondsRetail Sales Stronger Than Expected / Crude Demand / Metals
Retail Sales Stronger Than Expected / Crude Demand / Metals

Retail Sales came in stronger than expected. OPEC reached a compromise with the United Arab Emirates over oil production. The U.S. demand for oil is so high, and perhaps has peaked, says Larry Shover of D. Alexander Capital. Copper (/HG) premiums in China have gone higher this week. Copper is below its 50-day moving average. He says that nickel is through the roof this morning. He and Ben discuss gold (/GC) and silver (/SI) and their charts.

Futures

16 Jul 2021

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