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next stop will be USD$1800 an ounce, bullish trend. http://www.forexyard.com/blog/en/2011/01/03/platinum-on-the-rise-targets-1800-an-ounce/
wish all of you SLV investors a great, happy and prosperous 2011 ahead!
feeling blue indeed!!! 51p on the bid now. rock on 2011!!! i was away surfing so i didn't manage to catch more of these at 45p but i got back yesterday and managed to top up at 46p, a coupla minutes before the spike! yabba dabba jabba dooo!
bid price just moved up a notch. i think it will be a happy new year indeed for us SLV holders! not much longer till Q4 result...
PLATINUM prices are expected to continue their upward trajectory next year as demand for the metal remains firm, but it is sister metal palladium that is expected to be a standout performer. Last year’s winner in price terms, palladium, is set to extend its rally still further next year as demand from emerging markets such as China continues to grow, but platinum, which has lagged its sister metal’s gains, is also in the spotlight. "We forecast that once again palladium will remain the best-performing precious metal, but we also expect platinum will play catch-up from its lacklustre 2010 showing," said UBS analyst Edel Tully in an end-of-year report. Palladium is on track for a whopping 82% price rise this year, outstripping platinum’s 16% rise and gold’s 25% climb. "Under these circumstances, we could see the platinum price spike over $2000/oz over the next two years," he said. "However, there is a potential risk to the platinum price should the gold price undergo a downside correction and European sovereign risk problems heighten once more." source: http://www.businessday.co.za/articles/Content.aspx?id=130470 BaileyClark, you're welcome. and happy new year!
Platinum, palladium flagged as stars of 2011 :- http://www.financialpost.com/news/investing/Platinum+palladium+flagged+stars+2011/3992530/story.html
closed up today. i may not get to buy more at 44p. &%$£...
i don't think it will drop that low...and i hope not too - it was just me, hoping. SLV was already in good shape previously, but they are now in better shape! it's silly if anybody is selling due to the irish issues because what in the world has SLV got to do with ireland?
haha, glad to be of help the last time! but sorry mate, this time i am targetting another buy in at 44p and 40p.....so i can't do it for selfish reasons! =)
"We are going to concentrate on global mining companies and look at where the Chinese, the Koreans and the Indians will want to be spending their money over the next few years." Treger said he was interested in mining commodities with a structural supply-demand imbalance such as metallurgical coal, iron ore and platinum but also wanted companies with strong management and world class access to resources and reserves. Source: http://af.reuters.com/article/commoditiesNews/idAFLDE6AN1A420101124
wish i could say the same about some of the girls i go out with!
perhaps i could email you a couple of names and you tell me what you think of them? i know u meant it as a joke and i have to say, sometimes it's as simple as that! just sometimes. =)
thanks mate - some companies need patience but as long as numbers are sorted and it feels safe, then i start thinking about investing. FIF will take some time as it is not on an accelerated growth path like that welsh company(but there are not many companies out there on accelerated growth anyway) and was unnoticed, at that time! are u still on NYO? there is another poster here called uapraiz who is into ORM. perhaps he can share a bit more about them? ORM is on my watchlist though.
http://www.mydigitalfc.com/personal-finance/new-rich-find-some-sparkle-platinum-296
i wonder why you would do that as there are many, many people on these boards out to take advantage of people who are too lazy to do any research. that is why decisions based on your own research is imperative! be warned...u have not even met me in real life!!! =)
don't say that mate!!! i hope u bought because of your own research and not me! =) i've had bad experiences before where if something happens beyond my control, like if the company announces bad news and the share price tanks, the blame was put on me. i can only point out a share and perhaps contribute to research, but the ultimate decision is yours... =) lannex and volspruit is the key to investing here, and grow along with the company. minimal risks - only the ones beyond SLV's control.
i believe the surprising upside of china's export figures is a confirmation to date that china isn't slowing down yet and the government's efforts to cool down the economy was truly necessary. this means demand for platinum should be stable in the short-medium term...until the next shocker. hope u've read the johnson matthey report.
regarding your question about alliance with JLP, have a look at the ADVFN board for SLV. there is a poster there called fjp73 with whom i am in touch with and whose fundamental research i appreciate at times. i don't believe in an investor that gets it right all the time(myself included), but when we all agree to brainstorm together AND take the risks together, we can mostly get it right, i believe. unless we get an MM posing as a poster on these boards doing as much damage as they can...heh heh...last bit's a conspiracy theory of mine. =)
see? the man-to-man talk over golf with the MM worked. SLV on the move now. half pence up...WOOOOWWWW...lol...
oh wow, just took a look at EMED's chart and happy for u mate! i'm also a firm believer in top slicing although that action may very well cause one to "miss the boat". but, any locked profit is profit materialised and topslicing also protects from any misfortune a company may face in the future. anyway, i meant to say don't let the greed get to you and with EMED, depending on news, perhaps u may want to think of topslicing at some point. good luck.