Financial Survival Network, Released on 1/3/20
US Stock Markets posted a banner year finishing December with NASDAQ up 3.6% in December and 35% for the year. Foreign markets followed suit but were up by much less. Dollar was down for December but pretty much flat for the year. Same with the Euro, showing a small decline of 2.2% on the year. Interest rates on the 10 year were down by 29%. Bitcoin, the big winner was up nearly 94%. Gold and Silver were up for the month and finished 18% and 15% respectively. Platinum broke out of its triple bottom finishing the year ahead 21.4%. Palladium was the big winner for the metals finishing up 53.5% in 19. Copper finished they year 2.7% in the black. WTI and Brent turned bullish finishing up over 40%. Natgas was a loser yet again finishing out the year with a 25.5% loss. Uranium finished in the red by 13%.Ratios are looking interesting with Au:Ag at 85, Pt:AU .65, Pt:Pd .5, BRT:WTI 1.12, WTI:HH 27.88 and AU:WTI 24.86. What a year. Look for a breakout in gold during Q1. Some type of bounce for Natgas/HH could come with colder weather in the Northeast. That’s it for 2019. Onwards and upwards for 2020!
Michael S. “Mickey” Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for the past 20 years, specializing in geological mapping and property evaluation. Mickey is respected throughout the mining and exploration community due to his ongoing work as an analyst for public and private companies, investment funds, newsletter and website writers, private investors, and investment brokers.