Summary

  1. In line with our predictionthe Bank of Canada kept its rate unchanged last week; we anticipate a similar decision from the Fed this week
  2. We anticipate a relatively hawkish stance from the Fed amid robust macroeconomic data, likely boosting the US$, while exerting downward pressure on gold/silver prices, and equities
  3. cobalt junior under coverage has secured funding from the Canadian government to conduct metallurgical tests
  4. A favorable turn of events for Canada’s largest Mortgage Investment Corporation
  5. Bitcoin (BTC) prices were down 3% last week; our models suggest additional downside potential