Volkswagen Scandal Sinks Platinum Price! - PowerPoint PPT Presentation

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Volkswagen Scandal Sinks Platinum Price!

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Volkswagen’s emissions scandal is already having a profound impact on the platinum price. Editor Justin Bennett explains how you profit from the situation. – PowerPoint PPT presentation

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Title: Volkswagen Scandal Sinks Platinum Price!


1
Commodity Trading Research
Volkswagen Scandal Sinks Platinum Price!
2
Welcome to Commodity Trading Research Your
premier site for fundamental and technical
analysis for profitable Commodity Trading. For
more info on Commodity Trading Research visit our
website www.CommodityTradingResearch.com
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  • Get Your Free Report on the BEST Commodity
    Stocks!
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  • at the end of the video!

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  • Hi, My name is Justin and Im with Commodity
    Trading Research, today were reviewing our
    recently published article

5
  • Volkswagen Scandal Sinks Platinum Price!

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  • I have to admit, Im astounded by the growing
    Volkswagen emissions scandal As you may have
    heard, the German automaker has been caught
    red-handed falsifying emissions data in half a
    million diesel cars here in the US.

7
  • Apparently, the company programmed their TDI
    Clean Diesel cars to emit low levels of harmful
    gases and diesel particulate under
    emissionstesting. But when returned to the open
    road, the cars

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  • belched toxic fumes 40 times the US Environmental
    Protection Agencys (EPA) limit. To make matters
    worse, Volkswagen just admitted it found
    significant emissions discrepancies in 11
    million diesel vehicles worldwide.

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  • To think one of the worlds largest and most
    respected automakers is guilty of such appalling
    deception is mind-boggling

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  • Volkswagens fleet of diesel cars hasbeen spewing
    excessive amounts ofsmog inducing fumes for who
    knows how many years. Whats more, the company
    intentionally deceived

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  • environmentally mindedconsumers into purchasing a
    vehicle that was about as far from green as you
    could get!
  • It doesnt take a rocket scientist to figure out
    a tidal wave of civil (and possibly criminal)

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  • lawsuits is about to overwhelm the once highly
    respected German automaker- not only from the EPA
    and similar government agencies the world over,
    but class action lawsuits from consumers in the
    US, and likely abroad.

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  • Without question, Volkswagens image will be
    tarnished for quite some time from this debacle.

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  • Believe it or not, this story is already having a
    big impact on the precious metals market

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  • The price of platinum is sinking to new
    multi-year lows thanks to Volkswagens outrageous
    wrongdoing.
  • See for yourself

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  • Whys the metal careening lower? In case youre
    unaware, platinum is used heavily in the auto
    industry as a catalytic converter coating,
    especially in diesel engines.

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  • With serious accusations now arising over the
    environmental consequences of diesel engines,
    its quite likely platinum demand goes in the
    gutter.

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  • Heres where it gets really interesting
  • At the same time platinum is sinking- palladium
    is rallying strongly.

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  • As you can see, platinums close kin is swiftly
    breaking to new multi-month highs. Why? The
    market is likely pricing in a looming shift in
    consumers car engine preferences. Given the
    newfound uncertainty

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  • surrounding diesel, car buyers will likely steer
    towards gasoline powered alternatives. Keep in
    mind, palladium is used more heavily in
    gasoline-powered engines- so demand may rise for
    the metal.

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  • How do you profit from this situation?

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  • Given the shocking developments at Volkswagen,
    and the change in consumer behavior it will
    likely bring, it may pay to initiate a long
    position in the palladium market.

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  • You can do so easily with a long position in
    theETFS Physical Palladium PALL. Another way to
    capitalize on the situation is to get short the
    platinum market. This can easily be done by
    shorting theETFS Physical Platinum PPLT.

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  • Bottom line

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  • Volkswagens deception is going to cause big
    trust issues with diesel cars. As a result, we
    could see a big disruption in platinum demand as
    consumers turn to cleaner alternatives.

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