My latest article on Seeking Alpha looks at the performance of my precious metals stock recommendations of a year ago – over half beat the record growth in the S&P 500, but some would have lost you money as well – and my new set of predictions for the year ahead. Highlights as follows:
- Precious metals stock picks made a year ago were mixed, but more than half beat the record growth in the S&P 500.
- Most of the new 2018 precious metals stock picks are the same as those for 2017, but there are some deletions and additions.
- Price forecasts for gold, silver, platinum and palladium, the dollar index
For the record looking for higher prices in the year ahead for gold, silver and platinum, but perhaps a fall back in palladium in the second half of the year as we start seeing reverse substitution by platinum catalysts in the petrol (gasoline) section of autocatalyst manufacture due to the platinum price being lower than that of palladium.
Stock selections are virtually all in stocks which won’t collapse should precious metals not perform as expected.
To read the article on Seeking Alpha click on: