ANGLO PLAT UNSP ADR (AGPPY.PK)
Loading...
Symbols:
AGPPY.PK Forum Topics
- All Comments on AGPPY.PK
- General Discussion on AGPPY.PK
- Safe Haven Investments Amid a Global Crisis [view article]
- Platinum, Palladium Set to Skyrocket [view article]
- Investing in Platinum: Profit from South Africa's Energy Squeeze [view article]
- 11 Platinum Stocks to Help Your Portfolio Shine [view article]
loading ...Recent AGPPY.PK Articles
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Safe Haven Investments Amid a Global Crisis [view article]
it's amazing how little americans know about iran and yet continue to harbor such horribly negative emotions about it.would it surprise you to know that the CIA was responsible for bringing a ruthless regime led by the shah of iran into power... after he was overthrown, iraq was prodded into fighting against iran in the murderous policy of "dual-containment... it's no wonder ppl around the world hate america for it's meddling... and all the more reason why iran seeks independence and an ability to stand on its own two feet. iran hasn't attacked anyone, so war mongering and claims of a nuclear iran attacking everyone mercilessly is a dream perpetuated by those who have an agenda to serve. Reply
Safe Haven Investments Amid a Global Crisis [view article]
I was invested in PMs in 1988, at no time did Platinum ever "drop to $100" in one day or any other time. It came close to a $100 drop and approcahed price of gold at the time, around $400. No one who could print such a thing has any understanding of markets, research, or historical prices whatsover.But then, Marc Anthony is very poorly researched and has very shallow understanding of all the topics he touches on. Platinum's source for example.
Anthony recently this week posted on the SLV board that diamonds are made in Hell and Platinum in heaven. His rationale? Diamonds undergo high heat and pressure as they transform one type of carbon to another, and because Platinum is a heavy element that came from 'space'. above.
However, anyone with even rudimentary science, physics, chemistry, or astrophysics knowledge, is aware that platinum (like all heavy metallic elements in the universe), was created in Type1 Supernovae events where heat and pressures are enormously higher than those which create diamonds. The heat of a supernovae is 6000 TIMES the heat of the sun's core! Talk about hell!
Anthony's contentions equating previous oil emabrgo to today, are simply incorrect. Gas stayed cheap after the oil embargo, so people went back to big gas guzzlers. Today gas will NEVER be cheap again, and the future is;
a) Much smaller cars with much smaller catalytics that use much less PGM metals.
b) Hybrids, electrics, and Ethanol fueled vehicles that will use much lee to no PGM at all.
The Ford and GM sales falling off a cliff is merely a harbinger of what is to come. Smaller engines, with far less PGM metals in catalysts. Reply
Safe Haven Investments Amid a Global Crisis [view article]
Silver Analyst:Regarding the platinum price plunge in 1988, I cited the source in my article and even indicated page number (page 103). Go there read the USGS document regarding the event, in third paragraph to the end of page 103:
minerals.usgs.gov/mine...
On page 103: "In December 1988, the platinum market reacted strongly to an announcement by Ford Motor Company that it had
developed a platinum-free automobile catalyst. Spot platinum
prices fell to $100 per ounce on the day of the announcement..."
It says fell to $100, not fell by $100. You could be right, but that was the wording of the USGS document. I may contact them regarding this.
Reply
t
Safe Haven Investments Amid a Global Crisis [view article]
My long term chart of platinum does not show a plunge from $500 to $100 in 1988. Perhaps you mean a $100 drop?Reply
Safe Haven Investments Amid a Global Crisis [view article]
The previous link does not work well. Try this:tinyurl.com/6job9y
Read the news release numbered 08-2914. The fact that US government suspends strategic stockpile platinum sale is extremely unusual, especially in light of multiple aircraft carrier groups are heading to the Persian Gulf.
Remember, platinum is a critical war material.
Reply
Safe Haven Investments Amid a Global Crisis [view article]
"Long and wrong", thus spoke the markets. ReplySafe Haven Investments Amid a Global Crisis [view article]
The US Government just announced suspension of sales of six critical strategic defense materials, including platinum. This is a public announcement so I am not revealing any classified information here:https://dnsc.dla.mil/Uploads/N...
As I discussed, platinum is a very critical war time material.
Reply
Safe Haven Investments Amid a Global Crisis [view article]
marc's too young to understand markets. he may be correct , however, higher stock prices are what readers want. if thats the measure of his post, he has failed us. ReplySafe Haven Investments Amid a Global Crisis [view article]
fxtrader07:For the purpose of SWC. They did NOT go off hedge totally. They replaced it with a better hedge. The new hedge contracts with auto makers guarantees a very good floor price for 100% of the mine production metals should the market price fall, and it has NO ceiling price limitation when the metals go up. In exchange, SWC agrees to sell the metals at a slight discount to current market price should the metals be above the floor price.
I think that is a pretty good deal good for both sides. Auto makers are willing to provide a floor price support because they do NOT want to see SWC go out of business. They lose PGM metals source if SWC goes out of business due to low metal prices. On SWC's point of view, they are protected during bad market times, and now has unlimited profit potential when the PGM metal bull run resumes.
Andrew Ling:
Last when I told you to sell FSLR and walk away, it was above $300, now it's belong. The timing of my original short of FSLR was off but the long term trend is unmistaken that FSLR should sink to the toilet when they finally get their tellurium shortage squeeze. The time is not right yet so I am not in any FSLR short position right now yet. But once I start to see tellurium moving again it's time to start massively short FSLR. Good luck with your casino play. Why do you still stick with FSLR as it hasn't gained anything in 2008?
Reply
Safe Haven Investments Amid a Global Crisis [view article]
Exactly, Jake. He also posts on every major forum trying to attract a crowd like a street performer. Don't take your financial advice from street performers. He should have a disclaimer in bold at the start of each article stating how he began shorting FSLR at $140 since it would certainly go to 0. The higher it rises the more certain he becomes. ReplySafe Haven Investments Amid a Global Crisis [view article]
"the author posted 16 articles over the past 8 months. As much as I appreciate his consistency, all these articles keep saying the same thing over and over again." ad nauseum! The author is in love with the sound of his own voice and does not have much to say. Reader, pass by. ReplySafe Haven Investments Amid a Global Crisis [view article]
fwiw, i would buy physical palladium and platinum and/or the futures - but avoid dogs like pal. swc might have decent chance since their hedges are expiring this year (and some of them have in the past quiarters already). Looks like they timed this as perfect as everything else. going fully hedged through the bull market and coming off naked when the metals crash. well done.but that being said, the pgm bull has further tio run - at least in this point i agree with mark. Reply
Safe Haven Investments Amid a Global Crisis [view article]
Let's say Iran cannot be persuaded to give up nuclear enrichment. Then, at some point, Israel and/or the U.S. will probably bomb, bomb, bomb, bomb Iran. Even under President Obama. A conventional air campaign followed by no fly zones and a naval blockade intended to force regime change or else totally isolate it. There would be global fallout, but no WWIII. The FACT is that even if Iran ever came to possess a nuclear weapon or a dozen, it could only ever use it for threats or blackmail since actual deployment would result in its total annihilation. Russia, China and other nuclear powers would idle sit by. Iran knows it, we know it, everybody knows it. The current row is nothing more than mistrust amid a regional struggle for power, blown way out of proportion even considering the possible impact on oil production. It is most definitely not an appropriate investment theme. ReplySafe Haven Investments Amid a Global Crisis [view article]
TERN,I rarely discuss politics, but I think the Iran war talk is totally misinformed. Iran is being pressured to give up the centrifuges and other uranium enrichment procedures that could lead to weapons grade uranium. This same pressure was also applied to Libya and to North Korea with considerable success. It's a one form of public persuasion or psychological warfare, the stick part of carrot and stick diplomacy which is on-going on many fronts. We all hope for many reasons that it is a successful diplomatic effort. In any case there will be no war. But there are confused and frightened people who don't know what's going on.
Tom Reply
Safe Haven Investments Amid a Global Crisis [view article]
I agree with the author that it is time to load up on oversold PM's and their miners. Oil is bound to go up again and probably sharply.But I *really* hate this loose talk about war, when a reasonable compromise with Iran on its enrichment program is perfectly possible.
War mongering in this day and age is utterly irresponsible. Hoarding Pd and Pt as a patriotic act (!).
The consquences of war for all of us, not just the Americans who will happily throw away the last of their civil liberties, are just too dire. Reply