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RSD Weekly Recap: Jobs Report, Gold, Fission Results

August 8, 2016

This is Gerardo Del Real with the Resource Stock Digest weekly recap. A strong jobs report here on the U.S. last Friday hit gold and silver prices to the tune of 2 and 3% respectively.

Meanwhile the dollar rallied half a percent on the possibility that a September or December rate raise may now be on the table again.

Gold and silver weren’t the only metals affected as copper, platinum, palladium and oil also were down.

Jeff Phillips stopped by to share his views on the Sprott conference in Vancouver, the coming gold bull market and companies he likes. 

Fission Uranium continued to deliver great results at PLS. President and COO Ross McElroy shared details on the first set of results from this summer’s drilling program. 

Bottom line is that PLS is a world-class asset that keeps getting better and Fission is a company that should be on the radar of every commodity speculator.

That’s all for this week, have a great week.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 24509.70 0.60%
S&P 500 2753.17 0.75%
NASDAQ 7736.96 0.58%
TSX 16356.42 0.39%
TSX-V 753.87 0.00%

Resource Commodities

Name Last Change
Gold 1268.53 0.05%
Silver 16.34 0.31%
Copper 3.05 0.000
Platinum 864.00 0.35%
Oil 66.22 1.74%
Natural Gas 2.96 2.16%
Uranium 22.88 0.52%
Zinc 1.38 0.00%

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