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| By Jim Nelson |
The market ended the week on a sour note. All the major indices fell yesterday.
Ironically, that’s because of a surprisingly good jobs report from the Labor Department.
The May report showed that the U.S. added 172,000 nonfarm payrolls during the month.
Unemployment also held its ground at 4.3%.
Why does the market hate that? Because it makes the case for raising interest rates easier.
The other major consequences of this report were to send the dollar higher and gold lower.
In fact, gold just broke its low for the year:
Is this the end of the gold rally?
Sean Brodrick says no. In fact, he just told readers that he’s as high on gold as he ever has been.
He’s not alone. Wall Street — the institutions rather than retail investors — are quietly raising their gold and silver forecasts.
This short-term low could be a big opportunity. I recommend you check out how Sean recommends you play it here.
There’s a lot more going on this week than just a jobs report and shrinking precious metal prices.
Here’s what your experts are watching …
The Most Irrational Market I’ve Ever Seen
Nilus Mattive explains a huge disconnect in the stock market … and what he recommends you do about it.
Other Pre-IPOs Set to Rocket High Alongside SpaceX
NASA is starting its three-phase blueprint to return to the Moon. And SpaceX isn’t the only one that’s going to come out of it richer.
Bite Into Profits in the Coming Copper Crunch
Sean isn’t only pointing to gold as a too-cheap-for-now metal. He also shares a way to play Dr. Copper with a single ticker.
SpaceX IPO Could Surpass Saudi Aramco as the Largest in History
There’s less than a week to go before SpaceX IPOs. Chris Graebe shows you why the current holder of the title “largest IPO in history” could point the way to what happens next.
Don’t Get ‘REKT’ by a Terrible ETF
Last year, 1,167 new ETFs launched. Most of them are terrible. Michael A. Robinson digs through the mess to find one actually worth owning.
Have a great weekend!
Jim Nelson
Managing Editor, Weiss Ratings Daily
