Market Realist published a piece looking at the bullish case for platinum and palladium prices, arguing that a number of factors, including strong European demand, could be positive for the white metals.
As quoted in the publication:
European auto sales rose about 14% in November 2015, which gave a boost to both metals. Platinum and palladium rose 5.1% and 1.5%, respectively, on a trailing-30-day basis. The numbers could remain positive as 2016 advances.
Auto sales are predicted to be robust in the coming year, which will most likely give a boost to these precious metals. However, the new generation’s move toward electric and fuel-based cars may worry platinum and palladium investors. As these new vehicles do not use platinum and palladium, a switch may cause the prices to derail.
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Patented Lode Claim
The Boundary Red Mountain Mine - Located in Whatcom County, Washington, USA
Greater than 250,000 oz. 6 Contiguous patented claims in Washington State, USA.
Historic Gold Mine For Sale
Greater than 250,000 oz. 6 Contiguous patented claims in Washington State, USA.
Placer Claims For Sale
Sixtymile River Claims Yukon Canada in the historic Klondike Gold Rush mining district
Placer Claims For Sale
Sixtymile River Claims Yukon Canada in the historic Klondike Gold Rush mining district
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