5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and…
Suddenly, Amazon Doesn't Love Its Moms AnymoreWhy would you sell platinum and buy palladium? There are two main reasons. The first is that the spread (the price difference) between platinum and palladium has widened to over $1,000, making platinum extremely expensive.
Let's see if there is a reason for the widening of this spread. According to the Johnson Mathey's survey for 2009, there was deficit of platinum supplies amounting to 375,000 ounces, while there was a surplus of palladium supplies of 460,000 ounces. For 2009, Johnson Mathey is predicting the price of platinum in the $950 to $1,350 per ounce range and palladium to trade between $180 and $280 per ounce. We should mention that Johnson Mathey, the London-based metals firm, is one of the largest and most respected metals dealers in the world.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
