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Thursday, July 2, 2020

Mickey Fulp’s Monthly Major Market Review for June, 2020

from Financial Survival Network

The Mercenary Geologist Michael S. “Mickey” Fulp is a Certified Professional Geologist with a B.Sc. Earth Sciences with honor from the University of Tulsa, and M.Sc. Geology from the University of New Mexico. Mickey has 35 years experience as an exploration geologist and analyst searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, oil and gas, and water in North and South America, Europe, and Asia.

Stock markets continue to recover, from their March losses: Dow up 1.7% to TSX.V up 12 percent. VIX at a still high 30.4. Dollar was down 1% and Euro gained 1.3%. 10 Year yield barely up at .66. Bitcoin was down 3.5%. Gold was up 2.5% to 1772. Silver up 2% to 18.20. PT down .4%. PD up .4% for the month. Copper gapped up 13% to 2.73. WTI up 12%. Brent 18%. Natgas down again 7.6% to 1.71 per mm. Uranium slumped nearly 8% to 31.40. Ratios: Au/Ag 97.4 – Pt/Au .46 – Pt/Pd .44 – BRT/WTI 1.05 WT/HH 23.2 and AU/WTI 44.6.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3gk7MAf