The Best One can do Now !

  The best one can do now is hold onto sections of stocks one knows are going to be needed in future to supply the needs of the world popula...

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Retired but always looking for new challenges.
Showing posts with label Rhodium. Show all posts
Showing posts with label Rhodium. Show all posts

Friday, September 1, 2017

NOW TRENDING Recovery of Platinum Group Metals and Chrome picking up !

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UPDATES : -              My specialist lists for September,see side bar  and summer and spring updates                                                        also 
                                                 See what to Google below post


Platinum Group Metals (PGM's) six months ago were $ 919 per basket ounce. Now they are $ 974 per basket.

     
                   OTHER  PRICES IN US DOLLARS PER OUNCE
TWO MONTHS AGO                            END AUGUST 2017

 $   880                              PLATINUM               $939         


ONE  YEAR AGO                                                NOW

$690                    PALLADIUM                            $920                       
$655                      RHODIUM                              $1100
COMPARING  PGM'S WITH GOLD LEADS ONE TO THE CONCLUSION GOLD'S USES ARE SO LIMITED AS TO ALMOST DECLARE IT A MONO USE METAL !
PGM'S ON THE OTHER HAND ARE SO MULTI FACETED THAT ITS ALMOST IMPOSSIBLE TO STATE ALL THEIR USES.
DO READ LAST MONTHS POST ALSO CLICK ONTHE LABELS IN THE SIDE BAR CLOUD TO GROUP ARTICLES THAT INTEREST YOU.
                                                         ALSO
1.GOOGLE EVERY MONTH FOR NEWS YOU WILL SEE NO WHERE ELSE !
                              and2BVIAN'S ABACUS INFORMATION ALERTS.
                              and                               

                 3 BVIANS   EDGE 
                        and                 
                  4 BVIANS MINING AND RESOURCES update for SEPTEMBER
POST FOR UP TO THE MINUTE  NEWS ON METALS AND MINERALS. ITS WORTH READING THE OLDER POSTS AS WELL ON THIS WEBSITE.
                         5.BVIANS AND NAOMIS SMALL CAPSHARES SEPTEMBER 2017
                                                      DO
BOOKMARK THESE TWO WEBSITES FOR THE LATEST INFORMATION . DO VISIT MONTHLY
  

Tuesday, August 5, 2014

SHARES that should succeed over the next couple of years.

 COMMENT FOR AUGUST 2014  
 Now should be the time to invest in safer resource shares that would provide capital  and  income growth as well. As resource shares can be very volatile a diversified selection of shares in major companies would take advantage of their expertise to produce the required results. Let us not forget that world populations are increasing and will require many products to survive and hopefully enjoy a better standard of life in future.
SEE REST OF THIS POST IS BELOW NOTES AND ALERTS

NOTE 2 SEE THE REWORKED WINTER SMALL CAP LIST ABOVE AND OTHER  NEW ITEMS  IN THE SIDE-BAR.

NOTE 1 THE NEWEST UPDATE IS ALWAYS AT THE BOTTOM OF THE LIST ABOVE
26/8/2014 ALERT The Platinum group user Johnson Matthey
has reported that the Rhodium price which has been lagging behind the platinum has now passed platinum's price , more than doubling from  around $700 to $1400 per ounce. As it is the  metal that that only smaller quantities are produced at a time there is a shortage now developing. South Africa produces 80% of the worlds supply.
  
The dominant largest companies now are BILITON,RIO  TINTO,ANGLO ,BARRACK  MINING and GLENCORE which has absorbed Xstrata. At one time Anglo was at the top of the list, but with the poor performance of platinum group metals and buying copper mines in South America at the highest prices just before the recession they have slipped to 4th position.
   Now whilst Biliton and Rio Tinto have done every thing right and now are in the strongest positions doing very well ,both Anglo and Glencore are smaller now and in a better position to challenge again for the top spots.
Anglo is selling off loss making shafts in many commodities or even where they making profits ill fitting parts such as Tarmac to companies that are already in that sphere and will run it better. This is and will also in future generate a great deal of cash to enter areas such industrial metals and minerals which all the world now needs.
Glencore on the other hand has bought up many smaller producers of different minerals and metals and has also entered the farming business, which I feel needs specialist knowledge so this does not really sit well with me. How ever I feel both Anglo and Glencore are in a good more maneuverable position to do well over the years ahead.
I have started buying small quantities of both shares and will continue buying at lows after dividends have been paid. I intend holding them  long term.

Sunday, June 1, 2014

IN A REFLECTIVE MOOD

 Time to step back from the market and take stock. There has been a good run over the last couple of months. Most markets are at their highest points, or just below.

The latest entry on the index above is always at the bottom
 of the list. Rest of the post above can be found below ALERTS AND NOTES
5.The winter list has been updated above June 23/6/2014
4.See the SPRING UPDATE ABOVE f June 17
3.Resources Post has been updated above 12,14,25,30/6/2014.SEE OUR NEW PAGE 2 OUR CHOICES 
2.MY SPECIALIST WATCHLISTS A.B AND C HAVE UPDATED SEE ABOVE 9/6/2014
1.TRANSFER TO SMALL CAPS HAS BEEN UPDATED 4/6/2014

11/6/2014 ALERT       At long last after five months of the platinum strike, the prices of the platinum group metals are beginning to start to rise. The place to be might be to buy the Exchange Traded Funds as the mines are still proving to be unstable.
The mines are considering undisclosed , at this stage steps to return some of their holdings to production. The government s also proposing to build houses at their expense relieving the mines of this task. It must be added that the mines already pay quite generous amounts to all the miners to obtain better accommodation. These steps have not appeased the hard core union which is also tied to an extreme left political party. Ordinary starving miners are asking for protection from the extremists to return to work.

 NOW some traders would say a bubble is forming in certain sectors. This is really not true as the majority of shares are increasing on good management which in turn leads to increased profits. Of course shares also run ahead on expectations and this is where some dangers lie.
 Shares are likely to pull back  around 8% or slightly more in the months ahead ,then continue their progress, although they are fully priced now the world is generally still coming out of the recession. We in South Africa have  suffered a general set-back with the long miners strike, how ever there is now hope, since the ANC had a resounding victory in the election that they will act firmly, some thing they did not do in the past fearing a backlash in the voting. There is unfortunately a great deal of savagery taking place with workers returning to worked being chopped up literally into pieces. On a SMS campaign 60% have voted for return to work.

Thursday, August 1, 2013

RESOURCES THE WORLD NEEDS

Central and Southern Africa have many strategic minerals in abundance and are amongst world leaders in producing these.
South Africa produces over 72% of the Platinum used in the world
and 83% of the Rhodium for Catalytic converters and other industrial uses.
See rest of this article beneath Alerts and Notes
28/8  ALERT
Tensions are rising world-wide this morning as the Syrian crises is likely to spill over into
more bloodshed with the world powers taking sides.In South Africa we have serious trade union wars in a fight about turf escalating now.The more moderate NUM union has also upped its demands to compete with the more radical unions.Most of the demands now are completely unnatainable,which could bring our country to its knees.The mining of minerals is likely to decrease to a trickle and many mines would forced to close permanently.

9/8 ALERT
SOUTH AFRICAS gold and platinum production continues to decline,year on year.Figures are issued by the governments stastistical department.Bad news for labour and balance of payments.Gold the once dominant metal is down YOY on June by 14%.
Platinum Group Metals is down by 18%.Not good news for these labour intensive industries also bad news for our GDP.
Coal is now our number one export ,bringing the most money.Iron ore also brings more than Gold

3/8 ALERT
We are not the only country with a foreign exchange deficit it seems! India also is having problems at the moment.They have banned the import of physical gold to help balance their books.Soon they will only allow the import of gold that will exit in jewellery.As gold pays such a big part in their culture,this move has sent the price of their own gold sky high!
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NOTE 6 See Naomi's recource updates above in the index
Note 5 See international property update on 8/8/2013 above,"PART A"
Note 4. Whats happening to Naomi?....bnlifestyle10.  blogspot .com
Note 3 . See the NEW resource pages on large caps by Barry in the index above.
Note 2. Use the LABELS in the side-bar and at the bottom of articles to group subjects you might want to research.
Note 1 . Remember the newest updates are at the bottom of the index above.


According to the world bank and South African chamber of Mines last year over half a million people were still employed in the mining industry.We are also the fifth largest producer of gold ,also produce 47%of the worlds chrome used in super alloys,also a large exporter of coal and diamonds.
Our immediate neighbours sharing borders with us name Namibia is a large exporter of Uranium alsoDiamonds,Botswana diamonds and Mozambique coal and one of the few producers outside China of Rare earth minerals. In Central Africa there is the DM Congo that supplies rare earths such as tantalum,cobalt and also diamonds.

Monday, April 1, 2013

The Stripping of South African Resource Assets Part 2

Unfortunatly remarks by members of our  government  from time to time harm our image.Things are not that bad on the ground,but those utterings take center stage in the overseas news media which unsettles investors.
See rest of article below Alerts and Notes.
ALERT 17/4/2013
Investors and some traders have been surprised by the fact that GOLD and PLATINUM prices dropped when China and other countries failed to meet their targets and their currencies  declined.After all these resources were supposed to be the final currency which should protect them from such events!
Well all reserve banks world-wide still carry GOLD as a reserve currency so it certainly has value as a basis for paper currencies.
In the past gold went up when paper printed currencies went down,but not of late.Now gold increases as the stock market of a country increases in value.The price increases for all the wrong reasons.So speculators had driven the price up.
The physical demand accounts for about a third of newly mined gold ,reserve banks absorb another third and finally hoarders and speculators hold the rest.The price is unlikely to fall below $900 per ounce as this would have a devistating effect upon governments capital held.
 
ALERT 12/1/2013
COMMeERZ BANK noted at the beginning of this month that "Monetary turmoil is not easing notably,but accelerating worldwide.The only true value  currency out there is gold"
A startling statement to make for a rather conservative institution!I see that some other commentators include precious metals of the platinum group as well.Rhodium and Platinum both  could be included as there is not enough gold to satisfy the demand of central banks worldwide.Many institutions feel these metals should back quantitive easing money as such easing can not carry on indefinitely as it devalues currency and  leads to quickening of the inflation cycle.
ALERT 1/4/2013
There is a growing surplus of steel and coal starting to develop world wide,caused by industry "jumping the gun" and winding up production before there is a genuine demand for their products.The recession is easing and in time the world will recover,but the recovery is likely to be very slow this year.

Note 1.The latest update can be found at  
the bottom of the index list above.
Note 2.Use the labels in the side-bar or at the bottom of articles to group subjects which makes research easier
Note 3.Thank goodness Naomi is back! See her technical analysis for derivatives above.
The minister of mining Shabangu was unsettled by the choice of  the new CEO of Anglo American(Mark Cutifani replacing Cynthia Carol with out informing or consulting her beforehand.Actually its none of her business!),the international company with its main listing in the UK and remarked that it must be remembered that it was a South African company that had its main listing on the JSE before 1994, migrating to the FTSE there after.She conveinently forgets this company ( the fourth largest in the world) received about 90% of its development capital from overseas.They helped open up  South Africa to be the resources gaint it is today,to say nothing of the taxes it pays and the knock on effect of many industries that serve the mining and other sectors. The Kumba storey where they gave their mining concession to a rival which had members of families of the government ministers comes to mind .Thank goodnes for our law courts which are untainted by scandal.They reversed this decision.Anglo American (AGL)  has behaved impeccably as they have given a fair portion of their development capital to Southern Africa.
The trade unions are letting us down by repeated wild-cat strikes,which our weak  government almost condones.This plus the recession almost brought Angloplat to its knees.Now AGL has to find the funds to re-finance the company again.
Do read the stripping of our assets part 1.
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