Major US stock markets were up again with DJIA up 0.7%, S&P 0.4, NASDAQ down 0.8% and Russell 2000 off 2.5% both off last month's record levels. Emerging markets were down again 0.6%. TSX down 1.2% and TSX-V down 2.2% due to week gold prices. Bitcoin the always volatile digital currency was off 7% last month. Gold was down another 0.7% and Silver was up 1.1% but broke $14 during the month. Pt up 3.7% and Pd was up 9.7% to near record highs. Copper was up another 3.5%. Energy gained big for the month, with WTI up 5.2% and Brent up 6.8%. Natgas broke $3 with a 3.0% gain. Uranium continues its rebound with a 4.0% gain and is up 28% for the past six months. Currencies saw the Greenback rise .1% and the Euro up .1% for the month. Rate on the 10 year T Bond blew past 3% to a 3.05% yield. Till next year!
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for the past 20 years, specializing in geological mapping and property evaluation. Mickey is respected throughout the mining and exploration community due to his ongoing work as an analyst for public and private companies, investment funds, newsletter and website writers, private investors, and investment brokers.