PLATINUM 0.72% $840.00 platinum futures

why us fed's chief dealers are buying platinum

  1. 413 Posts.
    lightbulb Created with Sketch. 29
    Octover 21, 2011:

    JP Morgan (JPM) just took delivery of 226 fifty ounce physical bars for its "house" account, and 310 more for its alleged "customers", for a total delivery of 26,800 troy ounces, or about $40 million worth of platinum.

    http://seekingalpha.com/article/301126-why-the-fed-s-primary-dealers-are-buying-platinum

    The fix is in, so to speak. I'm loading up on some more ounces of PT from ABC Bullion.
    Cheers!

    Stock held: CCU (growing)
    Gold, silver, platinum bullion
 
watchlist Created with Sketch. Add PLATINUM (NYMEX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.