By now you will have learnt nearly everything there is to know about gold. Now it is time to look at the other precious metals; silver, platinum and palladium. Lex demonstrates the production and consumption figures, the technical charts you might want to look at, seasonal effects and finally how one of the big investment banks analyses each market. This provides a vital reference for your trading as different factors matter for each of the precious metals.
The aim of the module is to broaden your horizons and not to limit yourself to only trading gold. This will allow for new trading opportunities where you can profit from developments in countries such as South Africa and Russia or regulatory changes in car emissions. These markets are less liquid to trade and as a result are subject to large price swings or manipulation. Before the module concludes, you’ll learn about such an attempt in the silver market in the late 1970’s and 1980.