The Real Asset Co
As
Peter Schiff points out below, you would have had to have been a fairly
bad investor to have missed the ongoing issues in the platinum market
in the last year or so.We have long been reporting on the industrial action currently taking place in South Africa’s platinum and palladium mines. This round of strikes has been going on for over four months now and there is little sign of them abating.
Whilst the platinum price is likely to climb whenever the four month strike comes to an end, it is not likely to be pushed down for too low given how long it will take for production to kick back into action.
But, as with gold and its reaction to Crimea, it is difficult to base an investment decision on something that is likely to be temporary. However, as Peter Schiff soon explains, the fundamentals for platinum this year are just too good to miss out on.
Continue Reading at TheRealAsset.co.uk…
Please share this article
No comments:
Post a Comment