Mickey Fulp’s Monthly Major Market Review for May, 2019

from Financial Survival Network

Mickey Fulp is back for another monthly review… US Stock markets retreated from prior month’s record highs in April. Canadian markets down and emerging markets down also. Dollar up very slightly, Euro flat, Bitcoin the month’s big winner up 62.2% to 8513, 10 year treasury yield crashed to 2.14. Silver down another 2.5% and gold broke 1300 to close out at 1305. Platinum didn’t bottom down nearly 11% to 791 and Palladium to 1310, yet another down month. Copper down nearly 10% to 2.62 per lb. WTI crashed 16.3% to 53.50 and Brent followed suit down 11.4% for the month. Natgas continued its slide down another 5%. Uranium off again to 23.85. Gold/silver ratio hit 89.5. Plat to AU at .61, Plat to Pal down to .60. That’s it for May, check back next month for June’s performance.

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