Continued blackouts in South Africa threaten the industry’s viability to operate. South Africa mines about 70% of the world's platinum and 40% of all palladium production.
FOMC next week and that is where the focus is going, what kind of rate hike will they go for? Canada did 25 basis points yesterday. Gold remains in an embedded..
Moreover, there is a better way to approach the market which will usually keep you on the correct side of the market moves. And, when it is wrong, it provides objective and early signs..