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Is the platinum sector imploding?

Posted on 22 May 2013

Investors in platinum stocks have dumped their shares in a panic over the last six weeks, fearing that the platinum sector is in terminal decline. Since April the sector has fallen by 20%, bringing the cumulative decline for the year to 30%.
But since April contrarian asset manager RE:CM has increased its holdings in Implats and Lonmin, while retaining sizeable investment in Amplats. All four of its equity funds are exposed to the platinum sector in degrees ranging from 3% of the fund up to 15% in the case of its SA-focused Flexible Equity Fund……………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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