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Metals await further developments

  • Posted by Allan Lederman
  • On February 2, 2016
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Metals have adopted a recurring theme of late. Gold is bid to looming instability due to deflationary pressures impacting credit quality, general lack of confidence in monetary authorities ie, CB’s, perhaps Chinese New Year demand is helping. Bottom line, the debt load is becoming unsustainable, even low interest rates cannot hold the floodwaters back. Sooner […]
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Outlook for PGM’s brightens

  • Posted by Allan Lederman
  • On January 27, 2016
  • 0 Comments
Here are the reasons: Ridiculous oversold conditions, bargain basement prices China is not dead, the world economy is still demanding goods and services Dire situation of the mining sector The main driver of low prices, the weak rand , will reverse as inflation takes hold in SA and the CB raises rates. This should boost […]
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Oil cartel buckles, are PGM’s next?

  • Posted by Allan Lederman
  • On January 26, 2016
  • 0 Comments
After another head fake in the oil market today below $30, oil isback at $32. Not exactly a bull market, but enough to scare the shorts. Rumblings of efforts within OPEC to shore up the oil price provided the boost. This begs the question: can similar sentiment propel PGM’s out of their funk? The South […]
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Gold – Platinum spread volatile

  • Posted by Allan Lederman
  • On January 22, 2016
  • 0 Comments
After moving from -220 to -170 at the end of 2015 the gold-platinum spread  blew out to -280 only a few days ago. It narrowed to around -260 today, which may or may not prove significant. This spread is way oversold & we stand by the forecast that the narrowing of this spread will be one […]
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Melt up in metals overdue: Can the downtrend be broken?

  • Posted by Allan Lederman
  • On January 13, 2016
  • 0 Comments
After close to 4 yearsof persistent downtrend, can precious metals be ready to stabilize, wipe out the shorts and acheive price stability? A difficult question indeed. It is hard to believe that with the addition of 2.5 billion consumers on the world stage (China & India) that demand should be so muted. This situation will […]
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Metals catch bid: dead cat bounce or consolidation?

  • Posted by Allan Lederman
  • On January 13, 2016
  • 0 Comments
Starting with palladium metals were bid today, gold a notable laggard. Oversold conditions, apathy and  generally soft demand contributing to the recent malaise. The retreat of gold signals a relaxation of scared money and a resumption of flows into industrials. Look for confirmation of this trend with the participation of rhodium, a notable dog of […]
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