Member Info for nimrod22

https://platinum.matthey.com/documents/40646/41236/PGM-market-report-May-2022.pdf/542bcada-f4ac-a673-5f95-ad1bbfca5106?t=1652438985873

https://www.kitco.com/news/2022-05-11/PGM-prices-struggle-to-find-bullish-momentum-but-future-looks-bright-for-platinum-Bank-of-America.html
https://www.miningweekly.com/article/minimum-of-14-000-jobs-a-year-from-south-africas-first-hydrogen-corridor-2022-05-11

have taken a fairly heavy correction over the last four weeks, there will be a recovery when China opens up again. I've been looking where else growth maybe happening and there's been quite a pick-up in the shipping companies, LNG/LPG carriers along with one of my older holdings in the US market SMHI, up 14% today.

https://www.investing.com/analysis/commodities-rebounded-as-stocks-bonds-tumbled-200623768

Its quite normal, there doesn't have to be a reason once there's a stampede. Its fight or flight, folks and animals will head in the same direction until they feel they have reached safety.

The 2 analysts offering 12 month price targets for Jubilee Metals Group PLC have a median target of 25.50, with a high estimate of 29.00 and a low estimate of 22.00. The median estimate represents a 68.32% increase from the last price of 15.15.
from a well known pink newspaper

https://uk.investing.com/analysis/is-palladium-ripe-for-a-rebound-or-is-there-more-downside-200517070

“Policy may be the salvation for China’s iron ore and base metal demand this year,” Vivek Dhar, commodities analyst at Commonwealth Bank of Australia, wrote in a note. “Policymakers are hoping for a soft landing, helping stabilize commodity demand in the property construction sector,” while infrastructure investment in the country is also expected to rise significantly this year, he added.

https://www.zawya.com/en/markets/commodities/gold-palladium-regain-ground-after-sliding-to-near-1-month-lows-bketbuju

"Industrial metals from copper to iron ore recouped some of Monday’s losses after China pledged more support to help revive an economy that’s been imperilled by an escalating virus outbreak". Today's news.

?? The spread is 24%. Why would you buy?

"Underlining the issue of supply shortages in energy transition metals, Goldman Sachs said in a recent note that copper could be “sleepwalking toward a stockout”, with the investment bank doubling the size of its previous supply deficit expectations".

https://www.etfstream.com/features/could-commodity-returns-continue-to-soar-amid-unprecedented-supply-side-strains/

IC highlights some of the issues facing copper supply which should play to JLPs strategy, in a lengthy article on miners.

https://www.nasdaq.com/articles/live-at-exchange%3A-etf-leaders-talk-allocation-to-commodities

According to an article in a newspaper today there's a 70% drop in aluminium, copper, nickel and zinc inventory over the past year. I'd assume that this will continue to push metal prices higher.

https://www.bollyinside.com/news/impala-ceo-says-palladium-and-rhodium-prices-will-rise-for-years-due-to-shortages
https://www.investing.com/analysis/commodities-were-upside-outlier-for-global-markets-last-week-200621948

Momentum, Relative Strength (%), 1m -1.39%, 3m +40.6%, 6m +29.4%, 1y +4.97%,
Volume Change (%) 10d / 3m -18.2%

I should have added, it maybe a buying in point for others.

https://dailyhodl.com/2022/04/10/us-banking-giant-issues-dire-economic-warning-says-shock-wave-could-send-crypto-and-commodities-soaring-report/