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Greg Pinelli » Comments » AUREF.PK

  • No Renewed Bull Phase for Metals Miners Just Yet [View article]
    Of course Mark Anthony is incorrect as usual. Physical platinum has been falling because of sever restructuring of PGM expected use industrially. Platinum and palladium are still overwhelmingly not investment of jewelry driven markets.
    IF...supplies were tight and demand was level we wouldNOT have seen a 43% drop in palladium and a like drop in Platinum.
    Why Mr. Anthony has a website is beyond me...his Alpha articles are scattered and largely incomprehensible..and he doesn't seem to understand metal market basics.
    I'd also argue with Mr. Cara that what we are seeing could even remotely be seen as a dollar bull. It's...if anything..a response to Euro slamming..the US dollar will get over this short lived reflexive move up soon..and resume it's very long forward looking slide. Uranium..silver (especially) and palladium have great upside potential after a very brief levelling period...October/Nov sounds about right.
    Aug 19 17:36 pm |Rating: 0 0 |Link to Comment
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