home / stock / pgm / pgm news


PGM News and Press, iPathA Series B Bloomberg Platinum Subindex Total Return ETN From 08/11/20

Stock Information

Company Name: iPathA Series B Bloomberg Platinum Subindex Total Return ETN
Stock Symbol: PGM
Market: NYSE

Menu

PGM PGM Quote PGM Short PGM News PGM Articles PGM Message Board
Get PGM Alerts

News, Short Squeeze, Breakout and More Instantly...

PGM - Gold futures hit with biggest daily dollar decline in more than seven years

In what felt like " a mini-crash ," gold ( XAUUSD:CUR ) plunged 4.6% to settle at $1,946.30/oz. for its steepest one-day dollar decline since April 15, 2013, and biggest percentage slide since March 13 , based on the most-active contracts. More news on: Gold Spot Price, SPDR Gold Trus...

PGM - Negative Interest Rates Bullish For Gold

I meet with Florian Grummes , fellow Seeking Alpha author, regarding the economy and precious metals markets. We discuss the following points: Negative interest rates and what the Fed may do; Why gold becomes more attractive as interest rates fall; Gold's chart is overbought now but h...

PGM - Silver Futures Activity Predicting Explosion In Silver Prices

I discuss the silver futures market, and the signs that COMEX data is giving us about the direction of silver prices. How open interest has exploded in a very small market How the contracts standing for delivery of 69 million ounces for July dwarf previous data How JPMorgan (JPM) moved...

PGM - Gold's Stock-To-Flow Ratio And Why It Matters

Gold's Stock-To-Flow Ratio Gold's stock-to-flow model simply tries to measure the scarcity or abundance of gold. It does this by understanding the "stock" and the "flow" of gold. The stock is the amount of gold that has already been mined and currently exists in the marketplace. The "flow"...

PGM - South African miners battle red tape to return workers - Bloomberg

South Africa's platinum and gold mines are facing delays in bringing back thousands of key migrant workers from neighboring countries, slowing efforts to ramp up production following the coronavirus lockdown, Bloomberg reports. More news on: Anglo American Platinum Limited, Impala Platin...

PGM - Implats lifts force majeure, revises 2020 production guidance

Impala Platinum ( OTCQX:IMPUY ) lifts force majeure it had declared on contracts and revised FY 2020 production guidance, as its South African mines returned to 85% capacity following a virus-inspired lockdown. More news on: Impala Platinum Holdings Limited, Aberdeen Standard Physical Pl...

PGM - All Systems Go: Silver And Platinum

Over the last few weeks, the dual-purpose monetary/industrial metals of silver and platinum have entered a stronger technical momentum position. Coincidentally or not, on Wednesday, the Federal Reserve announced its intent to keep interest rates near zero for the largest banks until 2022-23....

PGM - Gold Gets The News It Was Looking For

Precious metals investors have cause for being optimistic after this week’s Federal Reserve policy meeting. With bad news in abeyance in recent weeks, gold has lacked a headline-related catalyst and consequently was stuck in neutral. However, the Fed’s recently stated intention t...

PGM - Gold's Safety Factor Is As Strong As Ever

A new bull market in equities has removed some of the sheen from gold, leaving some to wonder if the gold bull is dying. But while worries over the U.S. economic outlook are dwindling, worries over U.S. and global social unrest have emerged to keep gold’s safety factor intact. At the sa...

PGM - Silver Is Ensured A Prosperous 2020 Thanks To The Fed

In my previous article , I've written about how important US dollar movements are for future silver prices. The chance of a significant silver rally during the US dollar strength is very low; and it is very high during the US dollar decline. The structure of the silver bull market since 200...

Previous 10 Next 10