Platinum Shortages Result in a Spike in Price?

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tbird165
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Platinum Shortages Result in a Spike in Price?

#1 Unread post by tbird165 »

According to this article from Yahoo Finance, record deficits in the physical supply of platinum and potential unrest in the South African mining industry, are likely to result in an increase in the price of platinum over the next two years before it tops out in 2015. The price of platinum is affected much more by industrial uses than gold. In particular, jewelry and industrial, including auto demand, greatly affects the price. If auto demand exceeds forecasts, we’ll likely to see a spike in the price of platinum...

Platinum Prices

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