| The ECB’s commitment to create inflation, if successful, should benefit gold but it could be more beneficial to the other more industrial cyclical commodities and precious metals , most notably platinum, said ETF Securities.
Despite nearing recession, European auto sales increased 1.4% in 2014 which was the first annual increase since 2011 (see chart on page 2). Pent up demand appears at play as vehicles last only so long. Platinum is the primary catalyst for diesel vehicle emission controls and Europe is the world’s largest diesel market...............................................Full Article: Source
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