Source: blog.pennlive.com Not sure if Gollum has a portfolio for his precious (metals, that is), but if he did, he’d be reading MetalMiner. More to the point, if he institutionally invested in funds physically backed with gold, silver, platinum and palladium, or if his company had a significant silver or PGM buy, Gollum would definitely [...]
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 [...]
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 [...]
by Taras Berezowsky on September 13, 2011
Style: Commentary
Category: Automotive, Commodities, Investing Hedging, Metal Prices, Non-ferrous Metals, Precious Metals, Supply & Demand
Keywords: China, Non-ferrous Metals, Palladium, Platinum, Precious Metals
MetalMiner coverage has underserved the platinum-group metals (PGMs) market lately, but recent releases of US auto sales and certain M&A activity have both conspired to bring them back on our radar. One recent acquisition saw Stillwater Mining of Billings, Mt., snap up Peregrine Metals, which opens the former up to copper and gold. Hard Assets [...]
Generally we don’t spend much coverage time or space on minor metals, but the latest news in the iridium market made us perk up our ears. The price of iridium more than quadrupled last year, which put the precious metal’s price per troy ounce over $1000 “ and all-time high. Like other precious metals, namely [...]
In line with Stuart’s and my recent articles, palladium is hot, and platinum “ not so much. (In saying that, I am, of course, speaking rather relatively.) While Middle East unrest and European sovereign debt concerns push oil prices beyond $100 a barrel and gold prices are at all-time highs, other precious metals may be [...]
Is there no end to the strength of the palladium price? Johnson Matthey, producer and refiner of Platinum Group Metals (PGM’s), raised its financial forecast last week on the back of 32 percent growth in the quarter aided by prices of palladium and platinum, the FT said. Back in November the refiner called out a [...]
[youtube]http://www.youtube.com/watch?v=SKL254Y_jtc[/youtube] Arguably the best commercial that aired on Super Bowl Sunday featured the rapper Eminem, the city of Detroit and an ostensibly reinvigorated Chrysler Corp. hawking the new Chrysler 200. To say nothing of the quality of the videography and editing “ which were excellent “ the ad was more an explicit endorsement for Detroit [...]