SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (5957)3/26/2014 7:47:26 AM
From: Goose94Read Replies (2) of 202561
 
Rick Rule: Platinum and palladium headed?

“We have recently seen an increasing popularity of platinum group metals among financial institutions, who are now speculating in the price of the metal. I believe they could now begin to unwind these positions now, which could drive the price lower in the short term. “But in the longer-term, I see them going higher,” he adds. “Mining companies are losing money on their platinum production, which could force them to shut down. But platinum and palladium are extremely useful to modern society – primarily because they help prevent smog.

“For these reasons, the price has to go up,” he believes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext