Mickey Fulp, the Mercenary Geologist, joined us today for a review of July’s Major Markets. July was an extremely volatile month for Energy, Metals and everything else but the US Stock Markets. We all know about the hit precious metals took, especially gold and silver. WIT was down even more. Bitcoin has been up 10 percent for two months in a row. Copper was killed falling to levels not seen in years. There’s no reason to panic, but remain cautious and ready for opportunities that may rapidly emerge. Mickey doesn’t see another 2009 Crash happening, but prices have gone down considerably, with WTI breaking $50 per barrel. The Shanghai Correction has investors acting very scared. If it continues, then we’ll have to change our assessment.
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