Tony Daltorio

Investing in Platinum: Demand to Hit Record High in 2013 – Money Morning

Industrial firms, Wall Street hedge funds, and any big money investing in platinum anxiously await Johnson Matthey’s semi-annual review of the platinum industry – and they got incredibly interesting reading in the group’s most recent report, released Tuesday.

In its Platinum 2013 Interim Review, Johnson Matthey said the platinum market this year is moving toward a supply and demand deficit of 605,000 ounces – the largest deficit since 1999. That’s up from a 340,000-ounce shortfall in 2012.

Silver Prices Today: CFTC Closes Manipulation Case After Five Years – Money Morning

It was a rather quiet week in the silver market. Silver prices dropped about 50 cents an ounce to trade in the $22 an ounce range.

The only real news – major news, that is – in the marketplace was the decision by the Commodity Futures Trading Commission (CFTC) to announce that its probe into silver price manipulation by the large Wall Street banks is closed without any action taken. This is after a five-year probe into the workings of the silver market.

Industry Insiders Discuss Where Gold Prices Are Headed and How to Profit – Money Morning

In a week in which the gold price is trading in the $1,335-per-ounce range, all eyes in the gold industry are focused on Denver.

That is the site of the annual Denver Gold Forum, the most prestigious event centered around the world’s largest gold mining companies. The event was held from Sept. 22-25 this year.

What sets this event apart from other events is the participation of nearly all the CEOs of the large gold mining firms along with major gold analysts and institutional investors.

Despite the drop in gold prices so far this year, attendance at the Forum usually falls when gold prices are down, but organizers expected the number of attendees to match or exceed last year’s. This indicates that interest in the sector is still quite high.

Higher Gold Prices in 2014 – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Gold prices today continue to bounce up and down based on speculative headlines. A possible U.S. attack on Syria, a possible quantitative easing (QE) taper by the U.S. Federal Reserve – these possibilities have meant daily volatility in the price of…

Investing in Silver: Why the White Metal Will Continue to Outperform – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Anyone investing in silver last month enjoyed gains as silver exchange-traded funds such as the ETFS Physical Silver Shares Trust (NYSE Arca: SIVR) were among August’s top-performing funds. The funds followed the price of silver upward during the month, which surged…