Platinum’s Record High: A Prompt For Investment?
Platinum reached a record high on Monday. What does this mean for investors seeking short term growth and safety?
Platinum reached a record high on Monday. What does this mean for investors seeking short term growth and safety?
Forbes reports that Shawn Hackett, president of Hackett Financial Advisors, says commodities will tumble in the near future.
Seeking Alpha reports that now the talk of silver price conspiracies has shifted from long buyers to those on the other side of the fence.
Reuters reports that shares of Eastern Platinum Ltd (TSE:ELR) fell more than 17 percent, after the company posted a decline in its quarterly production.
International Business Times reports platinum and palladium staged modest advances today.
Mining Weekly reports that Sylvania Platinum (ASX:SLV) has exceeded its targeted production of 10 500 oz by achieving an all-time production record of 10 768 oz for the third quarter.
Vantage Drilling Company (AMEX:VTG) reported a change in the composition of its Board of Directors.
Mining Weekly reports on this week's news in platinum mining, companies and stocks.
The perfect storm has hit platinum in the wake of the Japanese earthquake and geopolitical events in the Middle East and North Africa regions. The impact of these events are specific to the platinum market in one regard: automotive demand. Nearly 40 percent of total platinum demand comes from the auto industry.
Bloomberg reports on South African companies whose stock is likely to rise or fall soon.
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