Commodity Trade Mantra

Posts Tagged ‘Impala Platinum’

The Platinum Supply Shock - Peter Schiff

The longest strike in South African history paired with surging Asian demand is set to push platinum back into a physical deficit in 2014 & could have repercussions for years to come. Even the most ardent precious metals bears cannot deny the robust fundamentals for platinum this year. Here’s why.

Platinum Mine Strike To Spread As Second Union Joins

A South African strike that’s crippling output at the world’s three-biggest platinum producers may spread at Anglo American Platinum Ltd. as a second union plans to walk out of its refineries and smelters. South Africa’s platinum industry is losing an estimated $18 million daily.

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