Sprott Physical Platinum and Palladium Trust Goes Negative

A very rare sight, physical platinum and palladium now has a negative premium in the Sprott trust. So you can buy platinum and palladium at a discount! This could indicate to a future drop in platinum and palladium.I was very bullish on platinum before, but today the platinum to gold ratio has gone up tremendously from 0.85 to 1.03. I think it's time to take some profits.Chart 1: Sprott Physical Platinum and Palladium Trust Prem...

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If you own gold, put it all in platinum!

A recent interview with David Morgan told us that platinum is far superior now than gold. He says that all of platinum is being produced in Africa, which we already know. But they are producing at costs higher than the price of platinum, which we already know too. He says that the platinum to gold ratio is below historic levels and is much more scarce than gold, which we already know as well.So if you do own gold, sell it and put it in platinum. If you don't believe me, believe David Morgan:As an add-on from me though, I want to point out that...

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Sprott Physical Platinum & Palladium Trust

Since this week, you can buy the Sprott Physical Platinum & Palladium Trust on the NYSE.The platinum-gold ratio has been rising and I believe this ratio will continue rising. So now is a good time to invest in physical platinum and palladium.SPPPS...

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Sprott Physical Platinum and Palladium Trust IPO

The long awaited Sprott Physical Platinum and Palladium Trust IPO (SPPP) has finally come to exist, since we heard about it in February 2012. You can now subscribe to the 35 million units priced at $10/unit tradeable soon on the NYSE and TSX.The physical Platinum/Palladium will be stored at the Royal Canadian Mint. You can bet that I will put some money in this trust if I have some spare money left as platinum is still very cheap as compared to gold.More...

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Long Idea: Platinum!

In an interview from Peter Schiff on 25-September-2012 with the CEO of Sandstorm Gold, Nolan Watson, I noticed that platinum production costs are now almost the same as the platinum price. This is very significant as every price drop in platinum will render platinum mines nonviable for business.Figure 1: Price versus Operating Cost (Gold, Silver, Platinum, Palladium)Several articles like these have popped up recently and it's almost certain...

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Is China Slowing Down?

These days, many commodity investors are living in uncertainty because they read on the internet that China, the largest consumer of commodities in the world, is slowing down. In this article I will take a look at the most important commodities consumed by China. We will see if our concern about China slowing down is validated.China is already the world's largest consumer of the main industrial metals copper, nickel and zinc. In the energy space, China is the largest consumer of coal in the world. In construction, China is the largest cement (+...

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Platinum Demand Falling

In my previous article about platinum I pointed out it was time to trade gold for platinum. You would think that the time has come again to buy platinum, but I fear that the automobile industry is deteriorating again.Rhodium prices keep falling and I already said that this means that this indicates that demand for vehicles in the automotive industry is dropping. The correlation between rhodium and the automotive industry was discussed in this...

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