It looks like we are on a win win situation with PLA. If the economy deteriorate then the price of platinum will go up as people look for safe havens like platinum and gold.
And remember it has always been in history that Platinum is ahead of gold if it comes to pricing,so platinum should do fine if the gold price rises due to economical uncertainty.
But if the stimulus packages around the world kick start the world economy and car sales are once again back on the up then Platinum will do well also. So we are on a win win scenario with PLA.
In a few years we will look back and say why oh why did we not buy more at such ridiculous low prices when PLA was already a one of the lowest cost producers.....
good luck
jojo
PLA Price at posting:
53.5¢ Sentiment: LT Buy Disclosure: Held
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