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home / news releases / IMPUY - Platinum And Palladium Shorting Grows To Extremes

IMPUY - Platinum And Palladium Shorting Grows To Extremes

Impala Platinum Ltd S/Adr
  • Most recent COT report shows massive 405,000 ounce speculative short build in platinum over the past week.
  • This is extremely large and makes up almost one month of worldwide platinum production.
  • Palladium speculative shorts doubled their own positions.
  • Historically such a large short position has led to large price reversals and we could see the same in PGMs.
  • While we are long-term platinum buyers, we could see a short spike in price with no news or even a small nugget of good PGM news.

For further details see:

Platinum And Palladium Shorting Grows To Extremes
Stock Information
Company Name: Impala Platinum Ltd S/Adr
Stock Symbol: IMPUY
Market: OTC
Website: implats.co.za
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