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Platinum supply squeeze likely to lead to record prices

Posted on 19 June 2013

Platinum’s fundamentals look increasingly strong and platinum is an attractive diversification for bullion owners looking to further diversify the precious metals component of their investment and savings portfolio.
A record deficit in platinum supplies is set to push prices higher, as unrest sweeps the South African mining industry and demand is boosted by the auto sector and a new exchange traded fund (ETF), according to HSBC, as covered on CNBC……………………………………….Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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