Marc Faber interview on Bloomberg News. Dr. Faber talk about commodities and global markets. (a bit old but still relevant)
Dr. Marc Faber discusses the current world fiscal situation.
Saturday, April 28, 2007
Monday, April 23, 2007
LSE Precious Metals ETFs
In addition to the new SWISS Precious Metals ETF's, Five new physical precious metals ETF's are issued on the London Stock Exchange:
Physical Platinum, LSE code: PHPT
Physical Palladium, LSE code: PHPD
Physical Silver, LSE code: PHAG
Physical Gold, LSE code: PHAU
Physical PM Basket, LSE code: PHPM
source
Physical Platinum, LSE code: PHPT
Physical Palladium, LSE code: PHPD
Physical Silver, LSE code: PHAG
Physical Gold, LSE code: PHAU
Physical PM Basket, LSE code: PHPM
source
Labels:
Commodity ETF,
Gold,
Palladium,
Platinum,
Silver
Wednesday, April 18, 2007
Producers oppose platinum ETF
Normally one would think that a producer would always be happy to see the product price climbing. According to AngloPlat and Impala Platinum this is not the case…
"Trevor Raymond, head of investor relations at AngloPlat, said the world’s largest platinum producer was opposed to against the launch of a platinum as the fund would put upward pressure on prices and would have a negative impact on jewellery demand."
"Bob Gilmour, investor relations manager at Impala Platinum, the world’s second-largest producer, said it was important to retain a sense of perspective about ZKB’s plans as they did not involve a large amount of platinum but cautioned that the timing of the fund’s launch was poor."
-source
"Given the current market conditions, it's probably not the opportune time to launch a product like this because it's just going to put further upward pressure on the price," said Bob Gilmour, manager of investor relations.
"In the longer term, this is not what you want for demand because it causes attempts at substitution."
_source
Producers have been worried about spikes in platinum prices since that increases the threat of possible substitutions being developed for the metal.
-source
Related :
SWISS Platinum, Palladium & Silver ETFs
Platinum ETF ?
"Trevor Raymond, head of investor relations at AngloPlat, said the world’s largest platinum producer was opposed to against the launch of a platinum as the fund would put upward pressure on prices and would have a negative impact on jewellery demand."
"Bob Gilmour, investor relations manager at Impala Platinum, the world’s second-largest producer, said it was important to retain a sense of perspective about ZKB’s plans as they did not involve a large amount of platinum but cautioned that the timing of the fund’s launch was poor."
-source
"Given the current market conditions, it's probably not the opportune time to launch a product like this because it's just going to put further upward pressure on the price," said Bob Gilmour, manager of investor relations.
"In the longer term, this is not what you want for demand because it causes attempts at substitution."
_source
Producers have been worried about spikes in platinum prices since that increases the threat of possible substitutions being developed for the metal.
-source
Related :
SWISS Platinum, Palladium & Silver ETFs
Platinum ETF ?
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