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.
Metallic Minerals (TSXV: MMG) has signed a production royalty agreement on a portion of alluvial gold claims at its Australia Creek property in Yukon with Little Flake Mining, a company owned and operated by Parker Schnabel of Discovery Channel‘s top-rated tel … Read More
Canada’s Northwest Territories is positioned to capitalize on the coming critical minerals supply crunch, says the territory’s Industry, Tourism and Investment minister Caroline Wawzonek. The territory, perhaps best known for its initial gold rush of the 1800s … Read More
British Columbia is never going to be a major lithium producer – it just doesn’t have the geology. But a number of Vancouver companies are capitalizing on a “white gold” rush in South America as well as Nevada – a rush spurred by good geology, a mature mining … Read More
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
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.