OUTLOOK 2014: Palladium To Be Outlier

Kitco News speaks with Precious Metals Insights’ Philip Klapwijk to get his outlook for gold, silver, platinum & palladium. According to Klapwijk, it is clear that precious metals will remain in a bear market trend in 2014. Klapwijk says that a lot of early movers started to lighten their position in gold and exit the market when many started concluding that gold prices peaked in 2011 & 2012. “That, in itself, represented a massive loss of momentum […] then along came other factors, such as the fact that QE started to become negative rather than positive [for gold],” he adds. With regards to the mining industry, Klapwijk says he expects marginal growth in global mine production and only sees a decline come 2015 or 2016. Watch now to see which metal Klapwijk expects to outshine the other metals and what price range he is looking at. Kitco News, December 10, 2013. (show less)

Kitco News speaks with Precious Metals Insights’ Philip Klapwijk to get his outlook for gold, silver, platinum & palladium. According to Klapwijk, it is clear that precious metals will remain in a bear market trend in 2014. Klapwijk says that a lot of early movers started to lighten their position in gold and exit the market when many started concluding that gold prices peaked in 2011 & 2012. “That, in itself, represented a massive loss of momentum […] then ... (read more)

On The Spot

On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.

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