1400oz conservative

Platinum is where the action is ... due to a combination of bullish fundamental and technicals and the market is now once again focusing on liquidity given that lease rates have begun to widen," said Michael Jansen, analyst at J.P. Morgan Securities.

"Our view of $1400/oz in the near- to medium-term may be conservative," he said in a daily note.

Source: http://today.reuters.co.uk/news/articleinvesting.aspx?type=goldMktRpt&storyID=2007-09-28T140719Z_01_L28757191_RTRIDST_0_MARKETS-PRECIOUS-UPDATE-4.XML&pageNumber=2&imageid=&cap=&sz=13&WTModLoc=InvArt-C1-ArticlePage2