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RSD Weekly Recap: Central Bank Confusion, Fission Uranium's Genesis Story, Nevada Sunrise to Drill Lithium Projects

August 1, 2016

This is Gerardo Del Real with the Resource Stock Digest Weekly recap. 

Central banks continue to confuse. On Wednesday the Fed announced its decision to keep rates unchanged, although some interpreted this last statement as more hawkish than prior ones.

By Friday that sentiment had vanished as U.S. economic data came in weaker than expected.

The Bank of Japan (BOJ) meanwhile surprised most analysts when it decided against aggressive monetary policy. 

Gold closed the week higher near the $1,350 mark, up 2.6% for the month of July.

Silver meanwhile was up 9% for the month. And as impressive as that was, platinum and palladium were up 13% and 20% respectively.

Fission CEO Dev Randhawa stopped by to talk about Fission’s world-class PLS project and Nevada Sunrise CEO Warren Stanyer also dropped in to talk about upcoming drilling at its two Nevada lithium projects.

I expect a busy second half of the year from Resource Stock Digest featured companies and I look forward to bringing that to you.

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Name Last Change
DOW 25310.00 1.37%
S&P 500 2747.30 1.58%
NASDAQ 7337.39 1.74%
TSX 15638.45 0.83%
TSX-V 826.09 0.00%

Resource Commodities

Name Last Change
Gold 1328.95 0.22%
Silver 16.53 0.54%
Copper 3.21 0.90%
Platinum 997.35 0.01%
Oil 63.55 1.23%
Natural Gas 2.62 0.34%
Uranium 24.25 N/A
Zinc 1.60 0.00%


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