I took off about 30% of my Impala Platinum. It's had a nice run. If it comes off I'll buy it back, if not - too bad.
Going to add some Cameco (CCJ). I'm still bullish on uranium, but it's going to be a long slow climb. So only buy the dips.
Someone commented in the last post about the correlation between platinum and gold. I simply used the correlation of the daily returns of GLD and PPLT. In fact, if you strip out the overall commodity correlation, the true relationship is even lower.
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