Platinum and palladium are set to be the best-performing precious metals next year, on the back of growing global car sales

Gavin Wendt

MineLife

Platinum and palladium are set to be the best-performing precious metals next year, on the back of growing global car sales. Growth in car sales is projected to accelerate to 4.8% during 2014, up from 2.7% this year, according to LMC Automotive. This is occurring at the same time that metal stockpiles are contracting as mining companies fail to keep pace with demand and there are security issues in South Africa.


Gavin Wendt
Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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