The Cadia gold mine stop producation after a dam collapse.
In this report we study the current condition of platinum as an investment.
We will first study if the current price of platinum can be considered cheap historically.
We will then assess the supply/demand of platinum and its current deficit. We will study the financial condition of the major miners of platinum.
We will finally compare the current platinum condition to the palladium condition, knowing that palladium prices recently surged to all time highs.
Few Countries and global companies are exposed to the risk of contagion.
While the cost of gold is increasing in value, the mining production of the main gold companies is decreasing sharply, recording a 15% decrease.
The Chinese Government has reacted and is imposing 34 billion $ in customs duties on America; India and China will soon form an "oil buyers club"; China and Russia reach a joint Gold Mining Project agreement in Siberia.