Thursday, September 5, 2019
BVian's ACTIVE Stock and Share Trading Ideas: The Brexit Fuss !
BVian's ACTIVE Stock and Share Trading Ideas: The Brexit Fuss !: 5/SEPT. 2019 I NEVER THOUGHT THIS ARTICLE WOULD BE SO PROPHETIC! I CAN NOT SEE WHY I SHOULD CHANGE IT IN ANY WAY Politicians noses out of...
Monday, September 2, 2019
PGM's prices on the Move !
As soon as the "Discovery" ! , is made that Platinum group metals are more suitable in fighting pollution than lithium will ever be there is likely to be an explosive increase in PGM,s prices.
How ever a basic higher price is likely to occur as soon as a ramp up in production provides the necessary minerals to the market ,which is likely to be in the form of controlled production as mines cut back sharply last time when there was a surplus.
Platinums price has now increased by US$100 per ounce in the last quarter to +- $942 per ounce.
and is likely to sustain a basic price of over US$1300 over the next decade.
Paladium is now around US$1500 and is very profitable at this level . It might not increase much in price going forward as platinum is likely to take over as it is more efficient in fuel cells and catylitic converters.
The rarer metal Rhodium has soared to US5000 per ounce. We can not tell if this is due to use or speculation! It is used in only specific industry but is likely to stay at a higher price going forward.
PGM,s are used in heavy industry and heavier transport situations. As ordinary autos are starting to take up more of these metals there is likely to be a run on prices!
DO USE THE THE SIDE COLUMN OR SUBJECTS BELOW TO GROUP ARTICLES ON THE ABOVE SUBJECTS AS WE HAVE WRITTEN EXTESIVELY ON THE SUBJECT IN THE PAST!
How ever a basic higher price is likely to occur as soon as a ramp up in production provides the necessary minerals to the market ,which is likely to be in the form of controlled production as mines cut back sharply last time when there was a surplus.
Platinums price has now increased by US$100 per ounce in the last quarter to +- $942 per ounce.
and is likely to sustain a basic price of over US$1300 over the next decade.
Paladium is now around US$1500 and is very profitable at this level . It might not increase much in price going forward as platinum is likely to take over as it is more efficient in fuel cells and catylitic converters.
The rarer metal Rhodium has soared to US5000 per ounce. We can not tell if this is due to use or speculation! It is used in only specific industry but is likely to stay at a higher price going forward.
PGM,s are used in heavy industry and heavier transport situations. As ordinary autos are starting to take up more of these metals there is likely to be a run on prices!
DO USE THE THE SIDE COLUMN OR SUBJECTS BELOW TO GROUP ARTICLES ON THE ABOVE SUBJECTS AS WE HAVE WRITTEN EXTESIVELY ON THE SUBJECT IN THE PAST!
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