Mar 2, 2018
Mickey Fulp observed that February 2018 saw volatility go from record lows to major new highs! Major US stock markets corrected big Ly with the DJIA up losing 4%. Emerging markets were down 3%. TSX down 3% and TSX-V 4%. Bitcoin the always volatile digital currency it was down 2% for the month. Gold was down 2% and Silver was off 5% for the month. Pt down 2% and Pd was up 1%. Copper down 2.5%. Energy also corrected, with WTI and Brent both down around 5%. Natgas skidded 14% to $2.73. Uranium declined 1%. Currencies saw the Greenback rise 1.7% and the Euro lost 1.7%. Rate on the 10 year T Bond hit 2.87%. As for ratios Gold to Silver hit 80, which usually is a buy signal for the shiny metal. Tilll next month!