-
Precious metals ride is losing steam?
Gold and its shiny cousins — platinum, palladium, and silver — are far outperforming the S&P 500 and even the Nasdaq this year, driven by a weaker dollar and high uncertainty amid geopolitical tensions, including endless wars and, of course, trade wars fueled by Trump's tariffs on the rest of the world. In the case of platinum, it also helps that the metal has been in supply deficit for three consecutive years. This shortage is due to booming demand in China and the US, falling production in South Africa, sanctions restricting Russian exports, and growing needs from automakers and jewelers. Will the rally ... (full story)