Member Info for nimrod22

https://www.miningmx.com/trending/44692-platinum-at-highest-price-in-four-years-as-gold-surges-again-on-dollar-weakness/
Platinum Price Today. Current Price $1,116.06
Today High $1,116.06 Today Low $1,076.00. Today Change $+39.84 (3.70 %)

https://www.forexlive.com/news/!/platinums-time-to-shine-20210104

as if all the metal shares are going to excel over the near and hopefully longer future

Platinum Price Today
Current Price $1,109.00
Today High $1,113.91
Today Low $1,076.00
Today Change $+32.78 (3.05 %)

Current Price £812.00/oz
Today High £813.05
Today Low £787.10
Today Change £+24.83 (3.15 %)

as if all metal prices will rise for at least another 3 months, hopefully for the whole year.

the metal prices are on a roll at the moment.

https://s3.amazonaws.com/assets.stockopedia.co.uk/topstocks2021.pdf

https://invezz.com/news/2020/12/30/looking-forward-into-2021-palladium-and-platinum-price-analysis/
https://www.sharpspixley.com/articles/lawrie-williams-year-end-gold-roundup-better-levels-to-come_297675.html
https://www.etftrends.com/alternatives-channel/palladium-etf-could-carry-its-momentum-into-2021/

Not sure re the Rhodium figures (used an ETF source), but its all up
1 week 1 month 3 month I year
Platinum 4.35% 11.70% 19.76% 9.68%
Palladium 4.26 2.41% 5.37% 25%
Rhodium 4% 20% 26% 185%

the bowl chart has played out, maybe its a continuation pattern in the existing direction, with some hiccups? Price probably more related to the continuing shortage of PGM materials which will mean share price going higher. I've never used a stop loss on my SLP shares, though it might be worth placing one on a section of them.

know which analyst they are quoting, but from the FT: - "Share price forecast
The one analyst offering a 12 month price target expects Sylvania Platinum Ltd share price to rise to 141.25 in the next year from the last price of 79.00".

many of the folks that follow Platinum are also interested in the companies that are using it. I bought in early on many of the green companies and had a fair success rate, and sold them when they began to plateau (also most of these companies appeared to have little turnover, revenue, cash and certainly no profits). I've scrambled in the last couple of months to get back in. Typically FCEL:Nasdaq up 1,448% in the year, 517% in the last two months. Others that I bought and sold and went back in again: - ITM,CWR,AFC,EQT,PPS,IES, PHE, NEL ASA(Sweden), PLUG:Nasdaq, BLDP(Canada),.PCEL(Sweden), NIO the electric car company, BE (Bloom Energy Inc (NYQ), MCPHY (Paris). I bought Nikola and sold at a profit then bought and lost it all again. Several of the aforementioned companies will become complete clunkers, though others continue to amaze (but will suffer at the next correction) meanwhile its a hell of a ride.....
I bought CLNE:NSQ (natural gas) a month ago and out today with 115% gain, I bought a second batch at the opening bell yesterday and sold at a 41% gain today (they have gone back down since). To follow many of the Platinum uses folks maybe interested in looking at the Hydrogen Economy on the other board, as well as elsewhere. I still maintain my SLP holding and also in physical Platinum as well (less exciting, but easier on the blood pressure).

https://invezz.com/news/2020/12/20/palladium-price-remains-in-a-buy-zone-as-investors-wait-on-u-s-stimulus-package/
https://www.nasdaq.com/articles/what-lies-ahead-of-the-decade-best-commodity-etf-palladium-2020-12-21

The weekend effect is a phenomenon in financial markets in which stock returns on Mondays are often significantly lower than those of the immediately preceding Friday. One explanation for the weekend effect is the tendency of humans to act irrationally; the trading behaviour of individual investors appears to be at least one factor contributing to this pattern. Faced with uncertainty, humans often make decisions that do not reflect their best judgment. At times, the capital markets reflect the irrationality of its participants, especially when considering the high volatility of stock prices and the markets; the decisions of investors may be impacted by external factors (and sometimes unconsciously). In addition, investors are more active sellers of stock on Mondays, especially following bad news in the market.

https://www.bloomberg.com/news/articles/2020-12-20/commodities-are-back-in-fashion-as-investors-get-ready-for-boom?srnd=premium-europe

SLP, I'm up over 9% on my metals/mining/commodity shares over the last three weeks; hopefully more to come if the vaccine roll out around the world spurs economies.
If UK crashes out of EU without a deal, there could be an interesting play in switching out of US Dollar holdings in to selected Pound denominated companies once the Pound drops and they become even cheaper than they already are.

https://www.investing.com/analysis/palladium-seen-besting-rocking-platinum-with-2021-rally-200548355
https://www.mining-technology.com/features/platinum-potential-how-batteries-could-open-the-door-to-a-mining-rush/

Santa rally??

will go back up, all the other miners are up substantially over the last few months. BHP,RIO,GLEN,CAML,AAL,EUA, the Blackrock mining fund BRWM, and my favourite FCX Freeport-McMoran Inc