Precious Metals

Two days ago, a friend of mine dropped me a note asking me what I knew or had heard about a rehypothecation scandal involving metals or industrial metals. Rehypothecation? I’m supposed to know what rehypothecation means? Quick check on Wikipedia — ah yes: “Rehypothecation is a practice that occurs principally in the financial markets, where [...]

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Although precious metals have suffered recent heavy falls, there is at least some evidence of price support for platinum and palladium next year, if not gold. (See our recent coverage of the palladium outlook.) Recent price falls have been accompanied by a growing net short position on Nymex, characterized by 62,700 ounces being added to [...]

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A draft of the European Commission study on joint Ëœeurobonds,’ reported by the Financial Times last week, makes the intriguing suggestion that gold could be used as collateral for fundraising by European states being priced out of the commercial market. The idea is that governments would use their physical gold holdings to underwrite if not [...]

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Palladium and platinum, interesting to us almost solely because of their industrial uses in auto catalytic converters, may see a change in their supply picture in the coming years. Palladium and platinum, which are essentially both extracted at the same mines and from the same ore, have had nearly identical price movements in 2011, starting [...]

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Smiling all the way to the bank, mate. Source: WSJ 2009 Chevy Ute with souped-up engine: $71,000 Custom-designed motorcycle: $44,000 Chihuahua named Dexter: $1,200 Drilling to extract gold, copper, nickel and tin for $200,000 per year: Priceless That’s the life of one James Dinnison, an Australian high-school dropout now living the high life due to [...]

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Gold bulls are predicting the yellow metal will break $2,000/oz by the end of this year, yet gold’s much-vaunted status as a safe haven has not been in evidence during recent market turmoil. You would have thought the threat of a global banking meltdown if Italy fails would be enough to promote a flight to [...]

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Carlos Rolon, a.k.a Dzine, is a Chicago-based artist whose mixed-media works demonstrate an eclectic craft and visual language”or, as he put it: “A mixture of sculpture, paintings, and installation, the works reside in an imaginative, kaleidoscopic, and meticulous world. His studies of bikes are striking in these qualities of the “imaginative, kaleidoscopic, and meticulous. Bike [...]

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MetalMiner welcomes guest writer Brianna Tonner. Weighing in at a substantial 1,000 kilograms, Perth Mint Australia recently unveiled the world’s largest golden coin, inspired by their Australian kangaroo gold coin series. The coin, which sports a leaping kangaroo on one side and the image of the Queen on the other — clearly marking heads and [...]

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