We caught up with Mickey Fulp, the Mercenary Geologist, at the New Orleans Investment Conference. We were able to do the monthly review face to face, which was a great experience. These reviews are extremely important in giving you a longer term perspective on markets. And very few others ever actually take the time to take a look back.
Stock markets were all up for the month, even the hapless TSX Venture. The USD was back up and the Euro was down. The Ten Year went up slightly to 2.16. The big winner for the month was Bitcoin, up to 326.33 or 38 percent. Metals were up but have retraced much of the gain. Oil was up slightly and NatGas was down 10 percent. Uranium was also down slightly. We’re now going to start tracking the VIX Index so we can help you get a handle on volatility. So check back next month.
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