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By JT Long |
March 13, 2013
The biggest new source for platinum group metals just might be what Jack Lifton calls "the rubber tire mine." Removing the catalytic converter from a car's emission system produces a rate of return that rivals the production rates of the South African platinum giants.
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By Mark O'Byrne |
February 6, 2013
Platinum has surged another 1.5% to $1,738/oz this morning and palladium its highest since September 2011 (766.22/oz) due to increasing concerns about supply and industrial and investor demand.
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By Alec Gimurtu |
January 10, 2013
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?
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By Mark O'Byrne |
October 3, 2012
Gold continues to hover near its 11 month high in dollar terms and near new records and the €1,400 level in euro terms. The lack of confidence over Spain’s finances has kept investors alert as they await a US jobless report on Friday.
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By Mark O'Byrne |
September 18, 2012
Gold inched lower in quiet volatile trade on Tuesday after equity and commodity markets pulled back overnight and investors booked profits from the recent rally created by the US Fed’s QE3 launch.
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By Mark O'Byrne |
August 23, 2012
Bullion prices have rallied for six days, moving through the technical resistance of the 150-day and 200-day moving averages. Platinum and palladium also rallied for a fifth straight day on growing fears that violence due to labor issues will spread.
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By Mark O'Byrne |
August 9, 2012
Gold edged up on Thursday after China's CPI slowed to a 30 month low of 1.8% in July, factory output plummeted to a three year low and these clues signal more QE from China in the near future. China replaced India as the world's top gold consumer at the end...
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By Mark O'Byrne |
July 17, 2012
Gold inched up on Tuesday ahead of Federal Reserve Chairman Ben Bernanke's Congressional testimony today and Wednesday which should provide the market with information as to whether the US central bank will flood the market with more US paper.
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By Brian Sylvester |
July 13, 2012
Labor problems and low prices have platinum mines closing in South Africa, and potential for acquisitions ripening. Analysts George Topping and Michael Scoon of Stifel Nicolaus discuss supply trends for platinum group metals as well as iron ore and other commodities.
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By Mark O'Byrne |
May 24, 2012
Fears about Greece and the EU after the EU summit came up short on delivering a grand solution to solve the debt crisis are supporting gold at these levels and leading to some safe haven buying.