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

from Financial Survival Network

The Mercenary Geologist Michael S. “Mickey” Fulp is a Certified Professional Geologist with a B.Sc. Earth Sciences with honor from the University of Tulsa, and M.Sc. Geology from the University of New Mexico. Mickey has 35 years experience as an exploration geologist and analyst searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, oil and gas, and water in North and South America, Europe, and Asia.

Stock markets were up again, regaining much of their March losses Dow up 4.3% to TSX.V up 17 percent. VIX or the fear index calmed down again to a still high 27.5. Dollar was down .7% and Euro gained 1.3%. 10 Year yield nearly flat at .65. Bitcoin was up 8.5%. Gold was up 2.5% to 1729. Silver up 19.4% to 17.84. PT up 7.2%. PD down 2.2% for the month. Copper bounced up 3% to 2.42. WTI up a staggering 88%. Brent 40%. Natgas down 5.1% to 1.85 per mm. Uranium up slightly to .6%.

Ratios: Au/Ag 96.9 – Pt/Au .48 -Pt/Pd .44 – WT/HH 19.2 and AU/WTI 48.7.

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.