Platinum price was $2300 brough ton by hedge fund and others buying. Now it's $1100, yet there is still a Pt deficit of around 500,000oz. So, selling for liquidity by hedge funds et al is continuing but cant go on forever. Once the Pt metal selling stops up goes the price and up the shares will go.
An old zen saying is:- All the storms in nature never last forever. If you live in sydney thats exactly what happened last sunday arvo.
PLA Price at posting:
$1.83 Sentiment: None Disclosure: Held
