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Platinum: A metal sector worth watching

Posted on 15 March 2011

From Mineweb.co.za: Analysts at RBC Capital Markets believe that the current sell-off in platinum stocks - about 10% over the past week alone - offers a “second bite at the cherry with two of the ‘juiciest’ cherries looking like Aquarius Platinum and North American Palladium at present”.
RBCCM says the issues driving the sell-off “are essentially related to a belief that world economic growth is again taking a beating with rising sovereign risk in Europe and ongoing political instability in the Middle East having an unnerving impact on the price of oil and just to top it off, a large earthquake in Japan”……………………………………….Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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