Junior Mining Weekly Recap

June 8, 2016

Get Ready for Volatility

by Gerardo Del Real
Outsider Club

Employers added the fewest jobs in six years in the month of May, according to the most recent jobs report. The 38,000 workers added in May surprised nearly everybody as analysts had predicted a number closer to 160,000.

The miss sent gold, silver, and copper higher, while the dollar fell.

Gold and silver both rallied over 2%, with gold trading in the $1,240/oz. range and silver reaching $16.38/oz.. Copper was up over 1%, trading in the $2.13/lb. range, while the dollar fell approximately 1.4%.

Continue Reading at OutsiderClub.com…

Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions.

FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.