Platinum
This Coming Development Could Trash The Platinum Cost Curve
Upheaval going on in the platinum space right now. With big fluctuations in the South African rand threatening to take down prices across the platinum group metals complex. That trend kicked off when the South African government fired its finance minister last week. A move that caused an 11% fall in the rand against the […]
First Loss Of Platinum Production From South Africa Labor Issues
The story on major labour issues in South Africa’s platinum sector took a deadly turn this week. Leading to the first mine shutdown of the year. That came at the Zondereinde platinum mine in Limpopo province. Where operator Northam Platinum was forced to halt underground production after a clash between two rival mineworkers unions. Details are […]
Platinum Prices: Look Out Below…
Platinum Prices: Buy This Heavily Oversold Metal Now? The commodity selloff of the past year has been hard to ignore. Hard assets as a whole have suffered from a surging US Dollar and ongoing concerns over global growth. One of the most noticeable markets controlled by commodity bears is platinum. The once lustrous metal is […]
Clean Diesel Technologies (CDTI) Surged 130% Yesterday- More To Come?
Clean Diesel Technologies (CDTI) caught some serious attention from investors yesterday. The micro-cap emission control company more than doubled in price when they announced a potential breakthrough in catalytic converter design. According to their press release, CDTI received two patents from the US Patent and Trademark Office for its previously confidential Spinel technology. Believe it […]
That Platinum/Palladium Rally? Still Going…
For those of you keeping an eye on the South African mining strikes, you likely realize workers and mining companies came to an agreement recently. Mine workers get a raise and mining companies, like Lonmin and Impala Platinum, get to start producing again. It shouldn’t have been a surprise to see palladium and platinum trade […]
Palladium and Platinum: Still Time To Profit?
Investors are still having their love affair with palladium. The precious/industrial metal is the third best performing commodity on the year with gains of 14%. Only coffee and lean hogs are seeing larger advances. And let’s not forget platinum. Palladium’s big brother is performing solidly as well with year-to-date gains of 7.8%. Given the solid […]
These Two Metals Have Big Upside…
Whew… What a week in the commodity markets! As you’ve likely heard, Washington politicians came to a last minute deal to raise the debt ceiling on Wednesday evening. Doing so averted a financial crisis and ended the US Government shutdown. Thank goodness those clowns in Washington finally came to their senses. It’s highly concerning to […]
Is Platinum Ready To Roar Higher?
Things are really starting to heat up in the platinum market. According to a recent Reuters article, workers in the hard hit South African mining sector could strike as early as next week. Obviously, this presents a problem… As you may know, South Africa is the largest platinum producing country in the world. But years […]
