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| Bullion Vault |
| Gold Prices Hit 4-Week Dollar High as Stocks Fall from 'Irrational Exuberance' |
| GOLD PRICES jumped to 4-week highs against a weakening US Dollar in London trade Wednesday lunchtime, reaching $1288 per ounce as world stock markets followed Wall Street lower for the 5th session running.
New data today showed US inflation holding at the Federal Reserve's 2.0% annual target in October, while
retail sales rose 4.6% from the same month last year.
Silver and platinum Wednesday, November 15, 2017 |
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 | The Gold Report |
| Dave Forest: How to Play the Looming Platinum Supply Crisis |
| The Metals Report: You recently wrote, "Many of the global threads in the minerals industry are today running through South Africa." How crucial is South Africa to commodities and, especially, the so-called strategic minerals?Dave Forest: There may be no other country that is as important to the mineral industry as South Africa in terms of across-the-board production share. It produces about 70% of the world's platinum. There is no other major commodity that is so geographically concentrated. SoTuesday, September 3, 2013 |
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| The Gold Report |
| After Labor Strikes, What's Next for Platinum |
| The Metals Report: Erica, the platinum group metals (PGM) sector created a lot of buzz at the beginning of this year. What can investors expect in the coming 12 months?Erica Rannestad: There's going to be a lot of development in labor and wage negotiation structures in South Africa. It could potentially improve labor conditions in the platinum mining sector, which would provide more certainty about supply flows. The PGM markets are highly concentrated, meaning that both supply and demand are heaWednesday, June 26, 2013 |
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| The Gold Report |
| After Labor Strikes, What's Next for Platinum |
| Violent South African mining labor strikes shocked the globe in 2012, but the resulting negotiations underway could create more stable supply flows in the long term—that's how CPM Commodity Analyst Erica Rannestad sees it. In this interview with The Metals Report, Rannestad discusses the key developments that could signal a price rise and which producers could clean up big on high-priced PGMs.
The Metals Report: Erica, the platinum group metals (PGM) secTuesday, June 25, 2013 |
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 | Jeb Handwerger - GoldStockTrades |
| Trend Change In Platinum-Gold Relationship |
| For
many months, I have witnessed a trend towards resource nationalism which
is taking a major toll on the potential supply of platinum (PTM) where over
90% comes from South Africa, Zimbabwe and Russia. These are far from safe
mining jurisdictions. Simultaneously,
auto sales are rebounding to levels not seen since before the credit crisis
in early 2008.
Despite global supply concerns, increase of resource nationalism and rising
industrial and automobile demand, platinumMonday, March 25, 2013 |
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| The Gold Report |
| Recycling, Not Mining, Is the Future for Securing Immediate Platinum Group Metal Supply |
| The Metals Report: Jack, what is behind the predictions that the platinum supply surplus will become a 400,000-ounce (400-Koz) deficit? Jack Lifton: Anglo American Platinum Ltd. (AMS:JSE), the world's largest platinum and rhodium producer, has taken 400,000 Koz of platinum out of its 2013 schedule for its South African mines. While people might not think 400 Koz is very much, you have to keep in mind that in 2012, the total production of all of the platinum group metals (PGMs) was less than 700Wednesday, March 13, 2013 |
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| The Gold Report |
| Recycling, Not Mining, Is the Future for Securing Immediate Platinum Group Metal Supply |
| The biggest new source for platinum group metals just might be what Jack Lifton calls "the rubber tire mine." Noting that 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, Byron King agrees that recycling is the wave of the future for platinum, palladium and rhodium. Welcome to the 21st century—find out how to play it in this Metals Report interview.
Tuesday, March 12, 2013 |
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| Bullion Vault |
| "Lack of Catalyst" Leaves Gold "Susceptible to Downward Move", But Silver "Should Move H |
| London Gold Market ReportTHE DOLLAR gold price drifted back below $1650 an ounce Wednesday morning, 1.1% down on the week so far, although it jumped higher in Sterling following after a Bank of England report said policymakers are prepared to "look through" persistently high UK inflation."The $1625.77 level remains key for [gold's] medium term trend," says Axel Rudolph, senior technical analyst at Commerzbank."Failure here should provoke a sell-off to below $1600 level before the precious metal Wednesday, February 13, 2013 |
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 | Mark O'Byrne - gold.ie |
| 'Golden Cross' For Gold and Silver Signals Further Gains |
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Today’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.
Yesterday’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Silver is trading at $34.31/oz, €26.Thursday, September 20, 2012 |
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| Mark O'Byrne - gold.ie |
| Marc Faber Says “Gold Is Oversold Near Term” |
| .Tuesday, July 17, 2012 |
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 | Douglas French - Mises.org |
Stealing Assets, Ensuring Poverty  |
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Here in South Africa there is plenty of talk of nationalizing the nation’s mines, especially the country’s platinum mines.After all, SA is no longer the world leader in gold production, while the country still produces 80% of the world’s platinum.In fact platinum group metals (PGM) account for the bulk of SA’s mineral value.Monday, March 5, 2012 |
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| Crisis Watch - Mises.org |
| Stealing Assets, Ensuring Poverty |
| Monday, March 5, 2012 |
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 | Goldmoney |
| Zimplats fighting Zimbabwe's indigenisation policies |
| The government of Zimbabwe is continuing with its "indigenisation" process by forcing foreign mining companies to transfer shares in their enterprises to a government fund.Nationalisation laws were passed in May 2011, but the South African mining company Impala Platinum (Implats), theworld's second largest platinum producer,continues to refuse to transfer shares of its Zimbabwean subsidiaryZimplats.Friday, March 2, 2012 |
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| Goldmoney |
| Zimbabwe platinum mining nationalisation heats up |
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Zimbabwe's Mugabe ordered the nationalisation of platinum mines some months ago and companies have until September 25 to present "indigenisation" plans.Indigenisation minister Saviour Kasukuwere has accused Zimplats, owned by South Africa's Impala Platinum, of noncompliance and has threatened to revoke its mining licence.Friday, September 9, 2011 |
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