Will Rhind, CEO of GraniteShares, discusses gold and oil with hosts Lisa Abramowicz and Paul Sweeney.
Will Rhind, CEO of GraniteShares, discusses gold and oil with hosts Lisa Abramowicz and Paul Sweeney.
The S&P 500 index, down 2.4% on Monday on renewed U.S-China trade tensions, regained most of its losses through Friday as off-again-on-again optimism of U.S.-China trade progress along with President Trump’s delay of EU and Japan auto tariffs moved the S&P 500 of its lows.
Historically, platinum has been known as the “Rich Man’s Gold,” trading at an average premium to gold of $132 over the last 30 years. Will the current $449 discount to gold ever revert to the long-term average?
It is the wedding band on your ring finger. It is with you every time you’re travelling by car, three grams at least. This is the story of platinum, a metal that follows us and underlies our lives in subtle, yet profound ways.
Volatile week spurred by renewed U.S.-China trade tensions and escalating U.S. – Iran frictions. President Trump’s start-of-the-week tweet threatening more and increased tariffs on Chinese goods increased global growth concerns pushing U.S. stock markets and U.S. Treasury yields lower and the U.S. dollar higher.
Recent changes to the Chinese government’s New Energy Vehicle program have shifted the focus away from the subsidies awarded to battery electric vehicles towards FCEV roll-out and, importantly, the development of the country’s hydrogen refueling infrastructure.