In the aftermath of the Section 232 tariffs on steel and aluminum going into effect in March 2018, we heard and read a lot about some of the largest American OEMs and their business challenges. For example, Ford Motor Company’s claim that the tariffs cost the automaker $1 billion in profits last year. But what’s […]
Category: Investing Hedging
Palladium is the New Gold
After surging more than 50% in the last four months, palladium — that previously little-discussed Platinum Group Metal (PGM) — reached $1,255.12/ounce, surpassing gold for the first time in 16 years last week, according to The New York Times. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Driven by both […]
Where is the Next Economic Crisis Coming From?
Be assured there will be a next crisis — there always is, sooner or later. It is the nature of economic cycles that markets get out of balance and have to readjust. That sounds like rather a benign process, but of course we all know there is plenty of pain and many casualties when it […]