Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
You may think I am mad in tipping Lonmin (LMI) but here goes. Platinum had a terrible year in 2015 when it’s price dropped by around 27% and now sits at just $850 an ounce. The precious metal had already seen a decline to below $1000/oz, but the drop in more recent months can at least in part be attributed to the Volkswagen scandal over emissions from its diesel cars being falsified – that news alone led to a 4% fall on the day it was announced back in September.
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