Mickey Fulp observed that March 2018 saw volatility go from record lows to major new highs! Major US stock markets corrected big Ly with the DJIA up losing 3.7%. Emerging markets were down 3.2%. TSX down 3% and TSX-V 4.5%. Bitcoin the always volatile digital currency it was down 32% for the month. Gold was up .5% and Silver was off .2% for the month. Pt down 5.2% and Pd was up 8%. Copper down 3.2%. Energy also corrected, with WTI and Brent both up around 5/7% respectively. Natgas skidded 9% to $2.73. Uranium declined 1%. Currencies saw the Greenback down .6% and the Euro rose 1%. Rate on the 10 year T Bond sank to 2.74%. As for ratios Gold to Silver hit 81, a possible buy signal for the shiny metal, but Mickey is holding out for 90 till he starts his purchases again. Tilll next month!
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