Category: Platinum
The analysis published under this category are as follows.Monday, February 15, 2021
Platinum Begins Big Breakout Rally / Commodities / Platinum
If you were not paying attention, Platinum began to rally much higher over the past 3+ days – initiating a new breakout rally and pushing well above the $1250 level. What you may not have noticed with this breakout move is that commodities are hot – and inflation is starting to heat up. What does that mean for investors/traders?
Daily Platinum Chart Shows Clear Breakout Trend
First, Platinum is used in various forms for industrial and manufacturing, as well as jewelry and numismatic functions (minting/collecting). This move in Platinum is more likely related to the increasing inflationary pressures we’ve seen in the Commodity sector coupled with the increasing demand from the surging global economy (nearing a post-COVID-19 recovery). The most important aspect of this move is the upward pricing pressure that will translate into Gold, Silver, and Palladium.
We’ve long suggested that Platinum would likely lead a rally in precious metals and that a breakout move in platinum could prompt a broader uptrend in other precious metals. Now, the combination of this type of rally in Platinum combined with the Commodity rally and the inflationary pressures suggests the global markets could be in for a wild ride over the next 12 to 24+ months.
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Friday, December 04, 2020
Platinum Begins A New Rally – Gold & Silver Will Follow / Commodities / Platinum
My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years. If not, check out Part I and Part II of our recent Gold and Silver research and price predictions.
Today, we are seeing further evidence that metals are on the move – in Platinum. Platinum has been trading below $1000 for quite a while and this is roughly HALF the price level of Gold. Typically, Platinum rallies before Gold rallies in a traditional trending phase. Platinum rallies because it is used in industrial and other fields – thus it rallies in an advanced market rally phase. Gold begins to rally when a certain level of fear enters the markets or the markets enter a depreciation phase.
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Wednesday, September 23, 2020
Platinum And Palladium Set To Surge As Gold Breaks Higher / Commodities / Platinum
RESEARCH HIGHLIGHTS:
- Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher.
- Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
- Our next upside price target for platinum is $1,410, representing a +52.4% upside price target.
- Palladium bottom in March 2020 was near $1,357. We expect a new upside price target for Palladium near $3,663 once it has broken out past current resistance levels.
If you have been following my research for a while, you are already aware of past research posts suggesting Gold and Silver will advance in multiple upside price legs over the next 90+ days. Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher. Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
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Thursday, September 03, 2020
Platinum Tremd Forecast to Follow Gold Price Higher / Commodities / Platinum
RESEARCH HIGHLIGHTS:
- Platinum may be setting up in a technical pattern that is similar to the end of 2001/early 2002.
- Platinum could rally more than 300%, somewhere near $3,450 or higher.
- This might push Gold above $7,500 an ounce and may push silver somewhere north of $125 per ounce.
- Rally hinges on platinum breaking out above $1,050.50.
Platinum may be setting up in a technical pattern that is similar to the end of 2001/early 2002. At that time, Gold had already begun to rally above $340 and Platinum had rallied to levels above $600. Then, while Gold continued to rally, Platinum contracted to price levels near $400 on diminishing volume. Once that contraction was complete, Platinum began and upside price move with stronger volume levels which lasted almost seven years – reaching a peak above $2,300. Could the same setup be happening right now?
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Thursday, August 20, 2020
The Case for a Platinum-Plated Metals Portfolio / Commodities / Platinum
Do precious metals still represent good value?
With gold just coming off a new all-time high above $2,000/oz and silver having more than doubled off its March bottom, some investors may be wary of entering these markets right now.
However, when adjusted for inflation, when measured against the stock market, or when compared to total money supply, a strong case can be made that gold is not yet overvalued – and that silver remains undervalued.
Investors who are seeking an even more deeply undervalued opportunity within the metals space should take a look at platinum.
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Wednesday, January 29, 2020
The Platinum Breakout & Bull Market of 2020 / Commodities / Platinum
Platinum has setup into a longer-term FLAG formation and has recently broken the APEX of this FLAG. The long term potential for Platinum, in conjunction with the advance in Rhodium, Palladium, Gold, and Silver, is a new Bullish Price Trend.
Our researchers believe Platinum must move above $1200 for this new Bullish trend to anchor a “Breakout Base” formation. The current investment environment suggests a new metals rally is setting up. Fear is starting to take hold of the markets and industrial and manufacturing demands are still driving prices and supply demands higher and higher. As investors pile into the metals as a form of safety, we expect Platinum to rally above $1200 within the next 4 to 6+ months and begin a much broader rally to levels above $1600 overtime.
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Friday, January 17, 2020
Platinum Breaks $1000 On Big Rally - What's Next Forecast / Commodities / Platinum
Certain precious metals, Gold, Silver, and Platinum, have shown moderate upside price trending over the past 20+ months while Rhodium and Palladium have skyrocketed higher. These more precious metals, Rhodium and Palladium, have many industrial and consumer uses. Rhodium is used in electronics and plating and Palladium is used in a variety of consumer products from Automobiles to Medical Devices.
Still, the rally in Rhodium (over 300%) and Palladium (over 70%) over the past 12 months has been more than impressive. Whey are we not seeing a similar rally in Gold, Silver, and Platinum yet?
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Thursday, July 11, 2019
Platinum Price vs Gold Price / Commodities / Platinum
Platinum has not been this cheap vs. gold since 1907 AD.
In other words, in over 110 years, we have not seen platinum values slump this far versus gold.
Here at SD Bullion, we have covered Platinum fundamental investment factors as well as information about supply-demand factors at play today.
South Africa is the major miner of platinum ore in the world, accounting for about 70% of all new line platinum annually.
But given that we often have bullion sales on Platinum coins and Platinum bars.
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Friday, June 28, 2019
Platinum Setting Up For A Big Price Anomaly / Commodities / Platinum
Our clients and followers have been following our incredible research and market calls regarding Gold and Silver with intense focus. We issued a research post in October 2018 that suggested Gold would rocket higher from a base level below $1300 to an initial target near $1450 almost 9 months ago.
As of this week, Gold has reached a high of $1442.90 only $7.10 away from our predicted target level. This has been an absolutely incredible move in Gold and we could not be more pleased with the outcome for our clients, followers, and anyone paying attention to our research posts.
Additionally, many of our clients have been asking us to share our predictive modeling research for Platinum, which has been basing near recent lows recently. We decided to share our research with everyone regarding the information our proprietary predictive modeling tools are suggesting.
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Wednesday, May 01, 2019
Will Platinum Be the Precious Metal Leader? / Commodities / Platinum
Platinum, after making what appears to be a wash-out low in August 2018, now looks poised to be a precious metal leader, writes fund manager John Newell at Fieldhouse Capital Management.
What is Platinum:
Platinum is a precious transition metal that has the chemical symbol Pt and an atomic number of 78 on the periodic table. Platinum is grayish white in color and is often mistaken for silver. Platinum is derived from the Spanish word, platina, which translates to "small silver." Once considered a nuisance mineral, it was often discarded by early miners. Platinum is thirty times rarer than gold, with annual production of 6 million ounces per year, compared to ~100 million p/a ounces of gold, and 850 million ounces p/a of silver.
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Thursday, November 08, 2018
A Great Day for Metals as Platinum Price Breaks Out / Commodities / Platinum
Technical analyst Clive Maund tracks movements in the platinum, gold and silver markets.
It was a very good day for the metals Friday, as they rose sharply in response to the dollar going into reverse after a sizable run-up. A very significant development was that platinum broke out of its Head-and-Shoulders bottom on strong volume, a move which we had expected that marks the start of a bull market. Copper, gold and silver also rose with silver having a particularly strong day, and although copper and silver have yet to break out of their Head-and-Shoulders bottom patterns, the breakout by platinum is a sign that they will follow suit and break out soon. We can see the breakout by platinum out of its fine Head-and-Shoulders bottom on its latest 6-month chart below.
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Thursday, November 08, 2018
Tale of Two Metals: One WAY More Valuable Than Gold, The Other Historically Undervalued / Commodities / Platinum
Gold is the metal of kings, the ultimate money, an eternal store of value, an untarnishable embodiment of beauty. Gold is all those things. But it is not the most valuable metal you can own on a cost-per-ounce basis.
Often, platinum commands a higher price than gold. Lately, platinum has traded at an abnormally large discount to the yellow metal.
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Friday, September 14, 2018
My Goodness, What Is Happening to Platinum? / Commodities / Platinum
You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market?
We see a handful of factors driving the recent declines in platinum. For starters, it is facing the same challenges we find in the gold and silver markets.
Sunday, June 24, 2018
Platinum Price Technical Chart Analysis 22nd June 2018 / Commodities / Platinum
Latest Price – $873.30Pattern – a downtrend has clearly been in force…one that I believe ended today with a low at $857.60. And a bullish outside reversal candle to go with it. This will obviously need follow through to the upside while there may be some consolidation of this candle in the very immediate term.
Friday, May 04, 2018
Platinum Price Cycles Predict Big Upside Move / Commodities / Platinum
I wanted to take a moment to alert everyone to a price cycle setup that may turn out to be one of the most dramatic price moves we've seen since 2008. The metals markets have recently made some news by breaking to new recent price highs. This price move prompted a number of major firms to announce new bullish directional forecasts for gold with predictions of $2500 to $3000 price levels in the near future. These future price predictions led me to consider what it would take for metals to rally more than 30% from current levels – and the answer became clear to me.
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Monday, February 12, 2018
Platinum Looks Poised for Surprising Gains This Year / Commodities / Platinum
Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market, and urged people to buy gold when it was only $550 an ounce. He is a highly sought after presenter at financial conferences throughout the country, and is a regular guest on financial shows around the world, and it's great to have him back here on the Money Metals Podcast.
Greg, it's nice to talk to you again, and thanks for coming on.
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Wednesday, October 18, 2017
Palladium and Rhodium Are on Fire, Is Platinum Next? / Commodities / Platinum
By Clint Siegner : Platinum was once the most precious of metals. For decades, it traded at a premium to gold. The other platinum group metals – palladium and rhodium – barely registered on investors’ radar screens.Platinum lost its crown to gold in 2015. It was overtaken by the other Platinum Group metals (PGM) metals in recent weeks.
Friday, August 25, 2017
Will the Fuel Cells Vehicles Save Platinum and Palladium? / Commodities / Platinum
Although everyone agrees that the electric revolution is looming, there is no consensus about the pace and the detailed form of the upcoming shifts in the automotive industry. In particular, some miners and analysts believe that fuel cell cars will spur or at least support the demand for platinum and palladium. For example, the world’s three largest platinum producers (Anglo American Platinum, Impala Platinum and Lonmin) invested in projects related to fuel cell technologies. Indeed, the white metal is used in catalysts in fuel cells vehicles, where power comes from combining hydrogen and oxygen over a platinum catalyst. The game is definitely worth the candle: today’s fuel cell cars need a full ounce of platinum versus a 2-4 grams PGM loading for the average gasoline or diesel vehicle.
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Sunday, August 20, 2017
Will the Electric Car Revolution Sink Platinum and Palladium? / Commodities / Platinum
Everyone has probably heard about the upcoming electric car revolution whose vanguard is Tesla Motors led by Elon Musk. The electric car is actually nothing new – the first vehicles were produced as long ago as in the 1880s. However, the mass production of cheaper gasoline vehicles triggered by Henry Ford put electric cars into limbo for decades. But this can change quickly thanks to the rapidly falling costs.
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Saturday, August 12, 2017
Will the Death of Diesel Cars Ruin Platinum? / Commodities / Platinum
The gloomy future of the diesel vehicles is commonly known. However, what does it really mean? And how could the demise of diesel technology impact the precious metals market?
The 1970s oil crisis and accelerating inflation made diesel-powered cars popular, especially in Europe where gasoline prices were always higher than in the U.S. The new technology was considered as more efficient and less polluting, as diesel cars produce less carbon dioxide than gasoline cars (thanks to better mileage). Hence, policy makers started to support diesel and the market share of diesel cars went from 14 percent in 1990 to 50 percent in 2016, as the chart below shows.
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Friday, July 28, 2017
Platinum and Palladium Investment Potential / Commodities / Platinum
In the previous sections of this edition of the Market Overview, we presented the demand and supply outlook for platinum and palladium. In that part, we would like to analyze the potential benefits of adding these precious metals into investment portfolio.
On the surface, platinum and palladium behave similarly to the yellow metal. Indeed, as the chart below shows, there is an important positive correlation between prices of these metals and gold. It should not be surprising as all four main precious metals – gold, silver, platinum, and palladium – are considered as currency, with an appropriate ISO 4217 code.
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Tuesday, June 21, 2016
Is It Time to Dump Gold and Buy Platinum? / Commodities / Platinum
Bob Moriarty explains why precious metals investors may want to look beyond gold to a commodity with a long history and an interesting relationship to the yellow metal.
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Friday, May 27, 2016
These Crisis Markets Are Primed to Deliver Big Gains, Platinum Never Cheaper! / Commodities / Platinum
By Justin Spittler
Editor's note: Today, we're continuing our conversation with Crisis Investing editor Nick Giambruno. Yesterday, Nick explained the ins and outs of crisis investing…and what he looks for in a good crisis investment. In part two, Nick shares two key markets he's keeping an eye on today…
J. Spittler, editor of The Daily Dispatch: What are some of your most successful crisis investments?
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Monday, March 23, 2015
Platinum Commodity Price False Break Low / Commodities / Platinum
Platinum has been trending down quite strongly in recent times however I think that move is now done with a low at US$1086 and a bear market rally is already in its infancy. Let’s investigate using the daily and weekly charts.
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Wednesday, February 11, 2015
Platinum Metal Price Technical Outlook / Commodities / Platinum
Let's investigate the technicals of platinum using the weekly, monthly and yearly charts.
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Friday, June 06, 2014
The Platinum Supply Shock / Commodities / Platinum
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year. The longest strike in South African history paired with surging Asian demand is set to push the metal back into a physical deficit in 2014 - and could have repercussions for years to come. While gold remains the most conservative choice for saving, the "industrial precious metal" platinum is a compelling investment for those, like me, who are bullish on global net economic growth.
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Thursday, December 26, 2013
Platinum - Our Favorite Precious-Metals Trade Going Into 2014 / Commodities / Platinum
Brian Hunt writes: Among the most important financial decisions you'll ever make is the decision to buy precious metals like gold and silver.
At Stansberry & Associates, we have been urging investors to buy precious metals for more than 10 years. We own precious metals ourselves. We've even published books on the right ways to invest in them.
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Tuesday, September 03, 2013
Dave Forest: How to Play the Looming Platinum Supply Crisis / Commodities / Platinum
South Africa, platinum mining giant, is about to fall off the investment map, says Dave Forest of Pierce Points. Until the country sorts out its labor politics, there is a real need to establish alternative sources of platinum group metals, vanadium and manganese. In other words, while it's a bad time to be a miner in South Africa, it's a good time to hold in-ground reserves. In this interview with The Metals Report, Forest names deposits in the Americas and elsewhere in Africa with the potential to meet global platinum needs. But he's choosing carefully, because even in times of scarcity, Forest argues, it just won't do to develop anything other than the best, most economic mining projects.
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Friday, August 02, 2013
Are Industrial Metals Now an Advantageous Investment? / Commodities / Platinum
Sasha Cekerevac writes: Just the other day, I was talking to a friend of mine who happens to be a big investor in precious metals. Naturally, with the sell-off that some of the precious metals markets have experienced over the past few months, he asked me: is now the right time for an investment opportunity in this sector?
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Wednesday, June 19, 2013
How to Invest in Platinum in 2013 / Commodities / Platinum
Tony Daltorio writes: Anyone following how to invest in platinum this year has noticed the importance of South Africa to this metal's price.
That's because most of the world's platinum supplies come from South Africa. The country produces nearly 70% of the world's platinum and is home to 80% of the world's reserves.
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Friday, May 24, 2013
Platinum and Palladium: A Fundamental Shift / Commodities / Platinum
Platinum is a precious metal, as is palladium, though to a lesser degree. However, like silver, both are also industrial metals. Unlike silver, it's their industrial use that is the primary price driver for both platinum and palladium – and that use is undergoing a fundamental shift.
The largest source of demand for platinum and palladium is the automotive industry, for use in autocatalysts. In turn, the fortunes of the auto industry are sensitive to the health of the world's major economies. We've been bearish on platinum-group metals for years, primarily because we weren't convinced a healthy – much less roaring – world economy could be sustained when so many governments continue spending beyond their means.
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Monday, May 13, 2013
The Catalyst That Could Cause Platinum Price to Skyrocket / Commodities / Platinum
Tony Daltorio writes: Thanks to the hit gold prices took in mid-April, other precious metals also got caught in the downdraft - but some still look to be among the best investments of 2013.
Take platinum, for example.
It is currently trading at about $1,500 an ounce, well off its 52-week high of $1,734 an ounce. During the height of the selloff last month, it touched a low of $1,381 an ounce.
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Wednesday, February 20, 2013
Why You Can Bet on Platinum Prices Going Higher / Commodities / Platinum
Jeff Uscher writes: Platinum prices, which have been below gold prices since mid-2011, are once again higher than the yellow metal, and the spread's widening.
Platinum was trading around $1,674 an ounce Friday, while gold was down around $1,605.
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Wednesday, February 13, 2013
Platinum is the Next Profit Opportunity in China's Commodity Boom / Commodities / Platinum
Matt Badiali writes: Over the last month, I've shown you how China's economy has seen a resurgence in commodities imports like copper, iron ore, uranium, and coal.
China is the largest importer of industrial commodities in the world... So when its demand picks up, it's bullish for the sector.
Friday, February 08, 2013
What Platinum Gold Ratio Major Breakout Signifies / Commodities / Platinum
Platinum (PTM) is breaking out compared to gold (GLD) as South Africa, which supplies three quarters of world production, continues to struggle with labor issues and possible nationalization. Look for a major breakout of the platinum to gold ratio at 104. Platinum (PPLT) is about to break into new 52 week highs as demand increases due to the economic rebound in Asia, while at the same time supply is under major pressure. Observe the chart below which shows that the majority of production comes from questionable mining jurisdictions.
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Friday, January 18, 2013
Will Platinum Outperform Gold? / Commodities / Platinum
Platinum and gold have been playing a game of tag, and this week, platinum took the lead again regaining its rightful position up front, but for how long?
Looking back at history, platinum has been the front runner with an average $200 to $400 premium to gold. At times the difference was much greater. Before the 2008 Lehman Brothers crash, platinum was trading at more than $2,270 per ounce while gold was trading under $990 an ounce. The prices as of close of this week's issue were $1,686.50 for gold and $1,694.30 for platinum.
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Wednesday, January 16, 2013
Platinum Overtakes Gold at Last / Commodities / Platinum
Platinum just rose above the gold price for the 1st time in 10 months...
And so, as if to mark the end of the Trillion-Dollar Coin nonsense, platinum just did something it hasn't managed in nearly a year.
Its price rose above the price of gold Tuesday morning for the first time since mid-March 2012.
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Wednesday, January 09, 2013
Platinum Market Analysis and Forecast for 2013 / Commodities / Platinum
Violent strikes and supply disruptions in South Africa put platinum in the headlines last year, and the metal spent 2012 selling at a discount to gold. Is a platinum discount the new normal? How will the market shift in the labor strike fallout? And will mining asteroids transform supply fundamentals? CPM Group Platinum Analyst Erica Rannestad met with The Metals Report to share her price and cost forecasts for 2013 and discuss the supply and demand trends to watch this year.
The Metals Report: Across the mining sector, investors are concerned with rapidly rising costs. How did the 2012 strikes in South Africa affect operating costs in the platinum group metals (PGM) mining industry specifically?
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Friday, December 14, 2012
Platinum Market Fear vs. Fundimentals / Commodities / Platinum
In October of last year, we published a platinum-market overview in the Casey International Speculator and concluded by saying: "We recommend avoiding South Africa, and in this context it means staying away from platinum producers located there. If the energy situation spins out of control, miners' strikes continue, and the local trouble puts an indefinite halt to a significant portion of platinum production, some speculative opportunities may appear in the physical-metal market or platinum-backed investment tools. If we see signs of that happening, we may speculate on the results."
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Friday, October 26, 2012
Why Platinum May Outperform Gold and Silver / Commodities / Platinum
We are seeing some healthy profit taking in gold (GLD) and silver (SLV) after making an explosive breakout over the summer. Investment demand after QE3 is increasing as investors seek alternatives to fiat currencies which are being devalued by Central Banks all over the world.
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Tuesday, October 16, 2012
Precious Metal 10%-Plus Correction Starts Today / Commodities / Platinum
Brett Eversole writes: In the Bernanke Asset Bubble, precious metals WILL be the ultimate winner.
But everyone already knows that...
And that's actually becoming a real problem, as I'll explain today. In short, based on history, it could mean a double-digit percentage fall in the price of platinum...
Wednesday, August 29, 2012
Why Platinum is a Screaming Buy / Commodities / Platinum
By Martin Hutchinson writes: You won't read about it in the mainstream news, but the South African mining industry is in the fight of its life. That makes one investment a screaming buy.You see, violent strikes have paralyzed several South African mines this year, including most recently the giant Lonmin platinum mine.
Tuesday, June 26, 2012
Platinum Price Outlook Remains Volatile / Commodities / Platinum
A third round of quantitative easing won't help support platinum and palladium prices, according to Erica Rannestad, platinum group metals specialist with CPM Group in New York. So, what will drive the platinum group metals, which have been suffering from lags in demand and increasing interest from short sellers? Rannestad discusses the outlook for these specialized metals in this exclusive Gold Report interview, including what they have in common with gold.
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Friday, January 20, 2012
Platinum’s Upside Potential / Commodities / Platinum
There are certain dogmas held sacrosanct by precious metals investors and one of them is that platinum is supposed to be more expensive than gold. That’s just the way it is. Quite a few eyebrows lifted and jaws dropped last fall when the yellow metals price overtook that of platinum. The historic switch took place on Sept. 2nd when Comex gold futures settled at $1,875.25 per troy ounce, just above platinum’s closing price of $1,873 per ounce. When you consider the price history of the two precious metals—platinum has traded at a $200 to $400 premium to gold—the reversal was astounding. Just to give you a better idea, before the 2008 Lehman Brothers crash, platinum was trading at more than $2,270 per ounce while gold was trading under $990 an ounce.
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Saturday, December 31, 2011
Platinum: Fire Sale On The Rich Man's Gold / Commodities / Platinum
John Lee writes: About 2000 years ago, Aristotle explained why gold remained the ideal choice of money throughout major nations and civilizations. In words that are just as relevant today, he said "Gold is durable, not like wheat, divisible, not like diamonds, convenient, not like lead, constant, not like real estate, and best of all, as jewelry, it has intrinsic value".
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Monday, November 14, 2011
Platinum, The Cheapest Precious Metal… / Commodities / Platinum
Historically, precious metals (such as Gold & Silver for example) had an important role as currency, but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
With the ongoing crises in the Western World, precious metals are regaining their role as "currency", as they cannot be printed out of thin air unlike fiat money.
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Thursday, February 03, 2011
Big Gains To be Made in Platinum and Palladium / Commodities / Platinum
While a majority of investors, analysts and experts dwelt on gold and (to a lesser extent silver) in 2010, sister precious metals platinum and palladium notched up significant gains matching gains in the investment safe havens. While gold and silver gained close to 30% and 80% respectively, platinum and palladium were nowhere lagging - gaining in the region of 20% and 100% in that order. We inspect long-term prospects of these lesser invested metals in this essay. A strong case for platinum and palladium makes for diversification of precious metals funds into these metals. This diversification of funds is of particular importance when Investors are being suggested to wait for medium-term corrections before stocks become 'investable' again.
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Thursday, September 30, 2010
How to Profit From the Metal That’s More Precious Than Gold / Commodities / Platinum
Martin Hutchinson writes: Gold set another new record yesterday (Wednesday), closing above $1,300 an ounce for the second-straight day. The London Bullion Market Association - at its annual conference this week - projected that the "yellow metal" would advance to $1,450 in the next year.
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Friday, July 30, 2010
Platinum and Gold Price Trend Relationship Analysis / Commodities / Platinum
Platinum and gold, how much of a relationship do these metals really have? Gold has been the talk of the town lately, a growingly-popular safe haven in these wild economic times. But platinum, one hardly hears of this metal. Guys like me who have wives with high-end jewelry taste certainly know about platinum, and car buffs are familiar with its use in catalytic converters. But with the average investor knowing very little about this metal, is it even on the same playing field as gold?
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Friday, January 08, 2010
Platinum in the Fast Lane / Commodities / Platinum
Many investors know their way around gold or crude oil, but not a lot know what they need to know about platinum. And that’s too bad, because it’s becoming easier than ever to invest in platinum, with a third platinum exchange-traded fund about to make its debut in the U.S. That doesn’t mean you should rush out and buy it — there are some pros and cons to this metal, with potential for rich rewards and equally big losses for the unwary.
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Monday, February 09, 2009
Platinum and Commodities Bubble, Deflationary Crash / Commodities / Platinum
Over the weekend I received a note from a reader asking me to evaluate the market for Platinum. I hope she doesn't mind if I just quote the better part of her note to me: good morning, Lucas. A theme that I'd like you to look at - if it interests you - are platinum futures. The platinum/gold ratio is interesting. I read that the reason platinum sold off so badly was that outfits like GM had to liquidate their usual 6 month supply stockpiles. I've been noticing that some of the producers in the PGM sector have been 'coming alive'; and showing some pretty good relative strength, even in relation to gold miners. Anyway, looking at this etf, PGM, also showing signs of life...as you know, PGM holds futures; I would be inclined to buy it; but don't know how to evaluate the contango issue; so don't know whether a buy here would be a losing play because of the 'roll premium' drag, as it has been, and will continue to be (i believe; but wtf do I know?) with USO, which I would not buy.Read full article... Read full article...
Saturday, January 10, 2009
Precious Metals Investing: Gold or Platinum / Commodities / Platinum
“Au” and “Pt” may be dull chemical elements, but gold and platinum have certainly played their respective parts during the unfolding of the financial crisis. Revisiting the metals' movements, it is clear from the table below that gold's decline was much smaller than that of platinum - as platinum suffered from the deterioration in the auto industry - but the recovery of gold has also been lesser than that of platinum.Read full article... Read full article...
Wednesday, March 19, 2008
Gold and Platinum- A Tale of Two Metals / Commodities / Platinum
Sean Brodrick writes: "It was the best of times, it was the worst of times," Charles Dickens famously wrote. That certainly describes markets nowadays, doesn't it?
Heck, Ben Bernanke chopped both the fed funds rate and the discount rate by 75 basis points yesterday — another indication of just how bad things have really gotten.
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Friday, February 29, 2008
Precious Metals PGM Secular Bull Market / Commodities / Platinum
The precious metals are in the midst of fantastic secular bull markets. And one of the most precious of metals, platinum, has been getting a lot of attention in recent weeks. With geopolitical strife accentuating platinum's current supply shortfalls, speculators have grabbed hold of this metal and launched its price into a parabolic ascent.
While gold still remains king of all metals for a variety of fundamental reasons, platinum is more precious simply because of its price. Its rarity in the earth's crust combined with the challenges of economically extracting it keeps its value typically about twice that of gold.
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Thursday, January 17, 2008
Platinum – The Most Precious and Overlooked Precious Metal / Commodities / Platinum
Why Platinum Remains a Strong Buy
Introduction - Gold and Silver Investments Limited continue to be bullish on precious metals and bullish on platinum. Platinum has recently hit new record highs at $1590 per ounce along with gold. Even though platinum has surpassed its 1980 high of $1,070 per ounce in nominal terms, it is still only some half the price of its inflation-adjusted high of $2,800 per ounce. We believe this high will be reached in the next 5 to 8 years in this new supply/ demand driven secular bull market in platinum.
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Saturday, September 29, 2007
Will Mugabe Seize Control of 51% of Zimbabwe's Platinum Mines? / Commodities / Platinum
Mr. Mugabe has a long history of destroying the country's assets. It started with him forcing Zimbabwe banks [such as Grindley's] holding foreign investments on behalf of Zimbabweans [in nominee names], to hand them over to the government in exchange for 4% government bonds [that was in 1983]. That resulted in the termination of direct private foreign investments to Zimbabwe. Next came the white owned farmland, which confiscations led to Zimbabwe changing from the breadbasket of Africa to a country unable to grow its own food and starvation staring many of them in the face.Read full article... Read full article...
Saturday, July 21, 2007
PLATINUM - ZIMBABWE - Send Not to See Whom The Bell Tolls, It Tolls For Thee! / Commodities / Platinum
By far the greatest majority of you who read this article live in well-ordered societies, where the bulk of your problems can be contained within the good order of the rest of your life. Indeed, from this position it seems easy to couch your views and criticisms of others, from within this secure framework.Read full article... Read full article...
Thursday, April 26, 2007
Plantinum The Forgotten Metal! / Commodities / Platinum
Larry Edelson writes :Gold is within a mere 7% of a new 26-year high, exploding higher by $38 in just the last seven weeks.
The culprit is the growing recognition that the U.S. dollar is weak at the knees and heading down the tubes. That in turn is causing inflation to rev higher … and other natural resources to climb virtually non-stop.
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