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 [...]
Gold slipped below $1,800 per ounce last week as equities rallied in a burst of risk on investor enthusiasm. Does this spell the end of the bull run? The gold price has seen a lot of volatility of late and questions are being asked — not least by those holding long positions — as to [...]
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 [...]
In an NPR News story, “Breakfast At Libertarian Summer Camp, Planet Money journalist Robert Smith made a breakfast-time visit to PorcFest (Porcupine Freedom Festival) on 116 forest acres in New Hampshire’s mountain area. The event is geared to “those that love freedom and individual liberty. Smith’s visit included the purchase of goods without U.S. government [...]
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 [...]