Don't panic.
"Symptoms linked to the omicron coronavirus variant have been mild so far, according to a Covid-19 adviser to the South Africa government and the Pretoria doctor who first sounded the alarm about the new strain. "
"Symptoms linked to the omicron coronavirus variant have been mild so far, according to a Covid-19 adviser to the South Africa government and the Pretoria doctor who first sounded the alarm about the new strain. "
Yesterday. Micron CEO Mehrotra: Global Chip Shortages Are Easing
Micron Technology Inc. Chief Executive Officer Sanjay Mehrotra says the ongoing global shortage of semiconductors could last into 2023 but the situation is improving. He speaks at the Bloomb... Economy Forum in Singapore.
SLP do with its cash? Is it earning interest etc, where is it parked?
https://www.euronews.com/2021/11/18/car-sales-in-europe-hit-record-low-due-to-global-microchip-shortage
Maybe this is the turning point as Bloomb... are reporting the the CEO of Micron as saying "Micron CEO Mehrotra: Global Chip Shortages Are Easing. Micron Technology Inc. Chief Executive Officer Sanjay Mehrotra says the ongoing global shortage of semiconductors could last into 2023 but the situation is improving. He speaks at the Bloomberg Economy Forum in Singapore." This will improve the use of Palladium in exhausts.
good write up in IC email today.
Platinum in Dollars up 9.55% in the last month.
Palladium up 6.91%, reversing earlier falls.
Sylvania's cash balances improved to $132.7m from $106.1m.
Ex-date: 28 Oct / Paid: 3 Dec
"So even as the palladium price has dropped almost $1,000 per ounce, shareholders and investors should see this as opportunity to invest rather than a problem. And the simple reason for the price decrease is that auto manufacturers have had to cut back production because they cannot get enough chips to build the number of cars they would like to. And most palladium goes into cars. As a result, they bought less palladium and the price sank".
will push up past the previous peak of 22p within a few days, now that the world recovery is underway.
https://www.moneyweb.co.za/mineweb/platinum-outlook-do-we-need-to-buckle-up/
https://www.macrobusiness.com.au/2021/10/goldman-commodities-to-rise-forever-now/
https://stockhouse.com/news/newswire/2021/10/18/getting-into-palladium-right-time-with-right-company
has moved above the 90 day moving average
has risen back strongly above the 90 day moving average.