HAPPY CANADA DAY to our Canadian readers! As it says in our national anthem, may God keep our land glorious and free.
Our American friends celebrate Independence Day Friday, so this is typically a quieter week for all North American investors (half trading day Thursday in the U.S. in addition to Friday’s holiday) but U.S. markets are starting Q3 with a bang today. Investors are embracing reports showing expansion in U.S. and Chinese manufacturing, bolstering optimism about the global economy. The Dow is up 131 points as of 9:15 am Pacific.
Underpinned by geopolitical tensions, Gold is holding up well and traded as high as $1,332 this morning. As of 9:15 am Pacific, bullion is unchanged at $1,327 while Silver has climbed 11 cents to 21.07.
Enjoy a relaxing and safe Canada Day! Morning Musings returns tomorrow as we get set for what we expect will be stellar third quarter for the Venture Exchange and junior resource investors.
GOLD/SILVER/COPPER/DOW/TSX ALL LOOKING GREAT….LET’S HOPE TSX VENTURE IS NEXT TO GO! RECORD HIGHS ON THE OTHERS…..WE HAVE A LONG WAY TO GO ‘UP’!
Comment by STEVEN1 — July 2, 2014 @ 5:23 am
Would love a chart on gbb and fms. Both look to be changing trend
thanks
Comment by Paul — July 2, 2014 @ 5:48 am