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A co-founder, Joan DiFuria, who swapped an 18-year career as a metal commodities trader to become a psychologist, spoke of mass hysteria.
Most metal commodities should be near their floor already..
Other metal commodities, like aluminum at a one-month high, copper near a three-month peak and platinum at a four-month high, are swimming against the deflationary current as well.
Primary product export share is the percentage of agricultural raw material, food, fuel, ore and metal commodities to total merchandise exports, 2011 or latest year, from World Bank (2013).
In May, Goldman reportedly raised its forecasts for metal commodities, WSJ then reported.
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Platinum is a precious metal commodity; its bullion has the ISO currency code of XPT.
Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, so, given its important uses, it is highly valuable and is a major precious metal commodity.
PricewaterhouseCoopers, which are the administrators of Enron's European assets, are now trying to sell the company's metals, commodity trading and credit derivatives business.
The company gets a double boost because it also trades the metal on commodities exchanges.
Instead of having direct investments in China, what he finds interesting is the metal and commodities markets that will supply that fast-growing economy.
His father is the director of trading at CPM Group, a precious metals and commodities consulting and asset management company in New York.
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