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

from Kerry Lutz's Financial Survival Network

Mickey Fulp returns… Stock markets were up again: Dow down 4.6%, S&P 500 down 2.8% Nasdaq finished down a hefty 9.6%, but TSX.V down another 3.3% percent. VIX blazed higher finishing at 38.00. Dollar was up .2% and Euro lost .6%. 10 Year way up at .88%. Bitcoin was a big winner rising 26.1% during the month. Gold nearly flat with a .4% loss to 1879. Silver rose 1.7% to 23.64. Even PT was down another 5.2%. PD down 5.4% for the month. Copper up .8% to $3.03. WTI was slammed 11.2%. Brent down 7.5%. Natgas was the month’s big winner up 32.4% to 3.35 per mm. Uranium was down to just under $30. Ratios: Au/Ag 79.5 – Pt/Au .45 – Pt/Pd .40 – BRT/WTI 1.06 WT/HH 10.7 and AU/WTI 52.6.

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