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RSD Weekly Recap: Brien Lundin of the Gold Newsletter, Fission Uranium (TSX: FCU)

August 29, 2017

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

Gold gained 0.5% last week, closing at $1,291 an ounce. It’s off to the races this week and currently trades at $1314 an ounce. 

Silver closed at $17.05 an ounce for a weekly gain of 0.4%.

The dollar meanwhile continues to breakdown. It lost 0.7%, closing at 92.74.

Copper continues higher, closing at approximately $3.02/lb. for a weekly gain of 3%. 

Platinum lost 0.6%, closing at $972.

Palladium was also relatively flat, losing $4 last week closing at $920.

Zinc closed a tad bit lower at $1.39/lb., down 2 cents from the previous week.

Uranium was down 3%, closing at $20.25/lb. 

Oil was also down, falling 1.5% last week to close at $47.86 a barrel. 

I had the opportunity to speak with Brien Lundin, the publisher of the Gold Newsletter and host of my favorite conference, the New Orleans Investment Conference, which takes place this year on October 25th through the 28th.

I also went over the successful summer drill program with Fission Uranium (TSX: FCU) CEO Ross McElroy. 

Labor Day is right around the corner, President Trump is one tweet away from attacking North Korea, and there’s some exciting exploration going on. It should be an interesting September.

This is Gerardo Del Real with Resource Stock Digest

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MARKET SUMMARY

INDICES

Name Last Change
DOW 24821.80 2.00%
S&P 500 2706.37 1.83%
NASDAQ 7307.74 2.20%
TSX 15140.73 1.80%
TSX-V 638.22 0.00%

Resource Commodities

Name Last Change
Gold 1233.60 0.93%
Silver 14.76 1.56%
Copper 2.77 0.000
Platinum 832.50 1.38%
Oil 69.17 0.07%
Natural Gas 3.14 3.57%
Uranium 27.68 0.11%
Zinc 1.23 0.00%

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