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Decline in Metals a Harbinger for the Economy?

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    Bradford Capital Management CEO Scott Shellady on the good and bad news in the commodities market.

  • Duration 1:23
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Flock is -- the CF OK let's find out what's important it up right now on the for the traders.

Good news and bad news on the commodities -- today who is a solid oil first of all I think it's good news for me in good news for you because triple -- said today we've already topped out on gas prices so oil lost.

Another dollar today barrel down -- 9373.

-- big news today.

Bounce and up on a course.

Scott as we talk about the -- number soybeans dropped today corn was up today.

Metals not so hot.

What do you see.

-- -- you're gonna see that bank sector up with a little bit too because we've front went back to fundamentals we have the fight those money flows we've got those issues coming from Europe.

And the fundamentals are its current -- -- and the states though exactly it's finally back to whether this is what we used to trade all the time and now we've got always sounded like you said money flows and things to worry that.

And in those money flows will continue to dominate -- in the -- sector we kind of have to stay in tune with those fundamentals -- as we get closer to expiry or delivery.

The fundamentals and take over real quick -- why -- while models are too low because there harbinger for the economy and like I've said earlier I think this economy's not doing very well and it's coming to fruition itself not to indeed although very positive -- -- Sometimes he just you know.

This just kind of negative -- we're gonna tell you.

He's allowed we like our traders that the call will -- -- it thank you very much.

-- good to.