PLA pacific lime and cement limited

the case for platinum in economic collapse

  1. 214 Posts.
    The case for platinum and Platinum Australia:

    (a) The dollar collapses and hyperinflation pursues resulting in platinum as a precious metal spot price along with gold and silver go vertically to the moon resulting in the very least some protection of your wealth against holding debasing currency;

    (b) The dollar doesn’t collapse and the economy recovers, resulting in higher demand for platinum in industry in years 2010/2011 and the platinum price increases from these depressed prices at the same time Platinum Australia’s Kalplats open cut mine comes on-line at 250,000-300,000 ounces (+95,000 for Smokey Hills) a year as the largest low-cost platinum open cut mine in the world;

    (c) Nothing happens and the US government keep bailing out car manufacturers to avoid collapse and the platinum price stagnates at these highly depressed prices, but PLA expands in productivity ultimately increasing shareholder value from these depressed share prices – also PLA is effectively by proxy receiving government bailout support from auto makers compared to other industry sectors;

    So that is the three cases for Platinum Australia for me, not sure which will happen, but with a fractional monetary system in the banking system whereby banks can simple create 9 times their held deposits out of thin air and then lend it out for interest like a legal Ponzi scheme has me leaning to firstly option (a), then option (b), resulting in PLA shareholders ruling the earth.
 
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