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Platinum ETFs - is the metal oversold?

Posted on 06 March 2009

From Mineweb.com: The two major platinum-holding exchange traded instruments are the London Exchange Traded Commodity run by ETF Securities Ltd and the Zurich-based Exchange Traded Fund run by Zurich Cantonal Bank. The London fund was launched in late April 2007 and the Zurich fund launched three weeks later in mid-May.

There was all sorts of market panic in the previous November and December when rumours of such funds were circulating; the soothsayers were proclaiming that there wouldn’t be enough metal and that the market was insufficiently liquid….. Full Article: Source


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This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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