From Peter Hobson: LONDON, May 13 (Reuters) – Investors have poured cash into bets that platinum prices will revive after a decade of declines, but excess supply is likely to keep a lid on gains.
From Peter Hobson & K. Sathya Narayanan: LONDON (Reuters) – Palladium will cost an average $485 an ounce more than platinum this year – a record breaking premium – but the gap will narrow in 2020 as the rally fizzles out and platinum recovers after an eight year downturn, a Reuters poll showed.
From Ranjeetha Pakiam : (Bloomberg) — Platinum could be the dark horse among precious metals, according to a money manager at Pacific Investment Management Co.
From Zacks: As the Trump administration continued to cross swords with Europe, Mexico, Canada and China over trade, several investing corners came under pressure. One of the areas is platinum. Platinum prices dived this week to the lowest in almost a decade, per Wall Street Journal.
From Streetwise Reports: Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.
From Streetwise Reports: Technical analyst Chris Vermeulen of Technical Traders speaks with Maurice Jackson of Proven and Probable about what he sees in the charts for Platinum Group Metals.
From Zacks: Precious metal ETFs have been in the spotlight lately and the debate on the use of palladium or platinum in the auto industry continues.
From Mike Burnick: Last week in Money and Markets, I pointed out that the not-so-precious base metals are about to get a boost. That’s thanks to increased infrastructure spending, namely on China’s New Silk Road.
From Zacks: Even though money managers are not looking at platinum as a potential investment, ETF investors are still bullish on it.
From Brad Hoppmann: There’s gold in them thar… asteroids? Yes, and a whole lot of it! According to website Asterank, one 90-foot-wide platinum asteroid is worth about $50 billion.