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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (152389)1/8/2020 11:34:26 PM
From: abuelita2 Recommendations

Recommended By
marcher
pak73

  Read Replies (2) | Respond to of 218910
 
crossed my mind too.

playing at war - warning each other.
like moving toy soldiers around on a board.
for what? power. money.
entirely possible. i wouldn't put it past either party.
it's as plausible as anything going on these days.



To: Horgad who wrote (152389)1/9/2020 8:55:54 AM
From: ggersh  Respond to of 218910
 
Actually it's beginning to look more like that than

anything else......and if you're correct they're all

sick fucks



To: Horgad who wrote (152389)1/10/2020 9:06:12 AM
From: ggersh  Respond to of 218910
 
More twists and turns

Message 32497108

mintpressnews.com



To: Horgad who wrote (152389)1/12/2020 4:52:46 AM
From: TobagoJack  Respond to of 218910
 
Lovely Sunday.
Nearly dinner time.
Catching up on reads.
Bottom line, equity shall fall, from height, or greater height, depending on policy craziness
One may lose by being out, or in, but lose
David the author, whenever in town, sits at desk about 10 feet away from mine, where we boyz hang out and rap



To: Horgad who wrote (152389)1/12/2020 11:17:27 PM
From: TobagoJack  Read Replies (1) | Respond to of 218910
 
bloomberg.com

The World’s Most Precious Metal Leaves Everything Else in the Dust
Elena Mazneva13 January 2020, 08:01 GMT+8

LISTEN TO ARTICLE
Palladium’s great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.

Rhodium -- mainly used in autocatalysts and five times more costly than gold -- surged 32% already this month, touching the highest since 2008. Stricter emissions rules have fueled a multiyear rally and there’s speculation that investors are also jumping in, betting that prices will climb toward a record.



Rhodium rallied 12-fold in the past four years, far outperforming all major commodities, on rising demand from the auto sector. Like palladium, the metal is mined as a byproduct of platinum and nickel, but it is a much smaller market and so is liable to big price moves when supply or demand changes.

“Rhodium is subject to crazy volatility,” said Anton Berlin, head of analysis and market development at Russia’s MMC Norilsk Nickel PJSC, which mines about 10% of all rhodium. Supplies are tight and speculators stepped up buying metal after large industrial users secured volumes late last year, he said.

Price SurgeRhodium was at $7,975 an ounce on Friday, according to Johnson Matthey Plc. This month’s gain also came after investors turned to precious metals, seeking a haven from Middle East tensions and pushing palladium up about 9%.

Best of the Best
Rhodium outperformed other commodities last year
Source: Bloomberg

“The main driver by the beginning of January was physical demand from Asia, which might be also automotive related,” said Andreas Daniel, a trader at refiner Heraeus Holding GmbH. “Buying triggered more buying and in an unregulated market the effect was massive, with a price move which is only seen maybe every 10 years.”

Although pullbacks are possible this year, rhodium could top the record $10,100 set in 2008, according to Afshin Nabavi, head of trading at refiner MKS PAMP Group in Switzerland. Still, those lofty prices a decade ago prompted autocatalyst makers to switch to platinum and palladium, which are also used for cleaning emissions.

Small MarketIt’s much harder to invest in rhodium than in other precious metals. It isn’t traded on exchanges, the market for bars or coins is tiny compared with gold or silver and most deals are between suppliers and industrial users. Global production is equal to little more than a 10th of platinum or palladium output.

Tiny Market
Rhodium's usage is a fraction of demand for other precious metals
Sources: Silver Institute, World Gold Council, Johnson Matthey
NOTE: Figures show 2018 demand

Mining BoostHigher rhodium prices are good news for South African producers, which account for more than 80% of global output. Gains in platinum-group metals and a weak rand helped a stock index for the nation’s miners to triple in the past year, reaching the highest since 2011.

But South Africa’s dominance also means production risks hang over the market. Power shortages last year temporarily interrupted some mining operations and there have been long mine strikes in previous years by workers wanting higher pay.