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Mickey Fulp’s Monthly Major Market Review for January 2018

from Financial Survival Network

Mickey Fulp reports that January kept 2017’s torrid stock market pace! Major US stock markets kept going up with the DJIA up nearly 6%. Emerging markets were flat. TSX down 1.6% and TSX-V 1.5%. Bitcoin the always volatile digital currency it was down 29% for the month. Gold 3.3% and Silver up 2.4% for the month. Pt up 6% and Pd down 3% with narrowing of the premium of Pd to Pt. Copper down a just 1.6%. Energy rallied, WTI up 8%, Brent up 3.3%. Natgas jumped 9.6% on cold winter weather to $3.19. Uranium sunk 9%. Currencies saw the Greenback weaken 3.5% and the Euro rose 3.4%. Rate on the 10 year T Bond jumped to 2.72. Till next month!

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