Andrea adds, "The only way this traveler could make things go more smoothly is to utilize time-saving services. While it may be no big deal for this traveler to head to the airport and land at their next destination, these folks are generally looking for ways to make the most of their time.
These productivity hackers will do whatever they can to gain an hour of their time back.
Nicole Rashotte - December 26th, As draws to a close, many investors are looking ahead to what will happen to platinum next year. Read on for our platinum outlook. The price of platinum dropped almost 16 percent in , and took a major back seat to its sister metal palladium over the course of the year. Since the precious metal is primarily used in catalytic converters for diesel-powered vehicles, the lack of demand for diesel-powered cars in Europe and China throughout weighed on the metal and prices suffered.
Additionally, as gasoline-powered vehicles rose to prominence, palladium prices increased — it is mainly used in catalytic converters for gasoline-powered cars. Geopolitical concerns, a steady US dollar and a dip in demand via jewelry consumption were additional factors that kept prices down throughout the year. Ready to profit from precious metals this year? Give me my free report! With the start of fast approaching, many investors are looking ahead to what will happen to platinum next year.
Platinum outlook Price performance review Unlike palladium, platinum saw a decrease in demand throughout Chart via Kitco. Moreover, the price was down This is predicated on a small deficit this year, of nearly 0. Prices were left to stall and dip as a result. Key factors to watch and price predictions has been driven by a tumble in demand, geopolitical tensions, loss of investor interest and a strong US dollar. But what will happen to the platinum price in ?
Looking ahead, Reynolds believes that platinum prices will rise in If supply does shrink in , this will more than likely raise prices as concerns over a potential supply deficit could cause investors to spring into action to make sure that they have the metal in their portfolio.
In addition to a drop in platinum production, industry insiders believe that demand for the precious metal within certain sectors will grow next year. For his part, Barr suggested that investors should be interested by the fact that PGMs is a smaller sector than other precious metals, such as gold. Additionally, what happens to the US dollar next year will have some effect on platinum, as a softer greenback tends to make commodities more appealing to investors.
Many analysts see a dipping greenback taking place next year, with the precious metal returning to its safe-haven nature. And the only way out of this particular conundrum is if you can have some kind of international agreement that would devalue the dollar.
As a sign of faith in platinum, Barr revealed that New Age Metals has several catalysts on the horizon for the new year. The PEA is scheduled to be complete by the end of the second quarter Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article. Editorial Disclosure: This article is not paid-for content. The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts.
The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.