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Today’s Market News: How are Commodities Moving?

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  • Description

    Projections on Copper, platinum, and gold

  • Duration 5:11
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George -- here right now vice president global futures RBC capital markets I'm glad you're here with us George because in the midst of all -- -- got.

It's a huge commodity story and the very -- Miami -- to talk about what happened at -- -- -- petroleum -- this week to okay that affects everything so first let's start with.

Copper gold silver.

Interestingly.

Or -- really can't please all should be fine and well America moving.

-- -- you see platinum and palladium let's start with -- -- are up today not because of Greece.

President -- because or anything but the fact that the administration is now gone beyond.

Asking.

Their trucks to increase by 25%.

Their fuel efficiency next year now they're -- to passenger cars.

To increase their fuel efficiency.

To achieve fifty miles per gallon in next five years assault.

OK how is that accomplished that's accomplished by using more platinum and little bit more palladium.

In our diesel engines which we're going to have to have or.

In the batteries.

Which were going to have to have in the electric cars so we're gonna have natural gas cars electric cars diesel cars bio fuel cars.

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