Gold blows past platinum

  • Posted by Allan Lederman
  • On January 12, 2016
  • 0 Comments
Reversing late 2015 ‘s trend of platinum narrowing the gold-platinum spread , gold climbed to +250 over platinum and is holding for now. we expect this is the outer limit of the spread and should narrow shortly. To what is anyone’s guess, however 200-220 is reasonable. for those speculating on this spread the move from […]
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Ruthenium: Dead dog or sleeping giant?

  • Posted by Allan Lederman
  • On January 3, 2016
  • 0 Comments
After hitting $850 in 2007 ruthenium has been a dismal performer, especially in the last 2 years. $80 looked cheap, only to see a decline to $42, where it currently sits. Application driven, ruthenium is an outlier for speculators. Pros: price is absurdly cheap, promoting new applications. Cons: South African mines are in a death […]
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