Forecast for platinum over next few months.

Comments

• persaus Posts: 398

  April 17, 2007 9:53AM

  Thanks.... very interesting article. Makes me wonder how much the Mint is going to charge for all the upcoming issues.

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• Animalkeeper Posts: 649

  April 17, 2007 9:57AM

  Thanks, I like the white stuff. Not that white stuff....

  Spare your best friend's life!! Adopt an adult dog at your local "kill" animal shelter. You will be changed.

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• NeoStar Posts: 1,123 ✭✭✭

  April 19, 2007 12:06PM

  The same article was posted 9 hours ago in Forbes:
  
  Linky to Article

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• NeoStar Posts: 1,123 ✭✭✭

  April 19, 2007 12:08PM

  And here is Reuters yesterday:
  
  Linky to Article

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• quattrocoins Posts: 1,881

  April 19, 2007 12:29PM

  Here's something else to add to the mix.
  
  >>>
  Anglo Platinum (Angloplat) would not supply physical metal to a planned exchange-traded fund (ETF) based on platinum because it would sharpen supply shortages, the world's biggest producer of the white metal said yesterday. <<<
  
  I wonder what effect this will have on the price of the metal.

  FULL Heads RULE!

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• Joflax Posts: 979 ✭

  April 19, 2007 4:08PM

  Yeah, its not in the miners interest to have a broader market and higher price for their product. Where do these guys come from ???

  Buy the dips!!!

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• jmski52 Posts: 23,283 ✭✭✭✭✭

  April 20, 2007 9:10AM

  My view is that while it will not affect the underlying fundamentals, it will eventually add to market volatility. I believe that it was James Sinclair who recently noted that the ETFs imply backing by physical metal, but that their prospectuses do not guarantee it. I would expect to find the same situation in any new ETFs in Platinum or Paladium.

  Q: Are You Printing Money? Bernanke: Not Literally
  
  I knew it would happen.

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• MacCrimmon Posts: 7,058 ✭✭✭

  April 20, 2007 9:44AM

  
  
  << <i>Thanks.... very interesting article. Makes me wonder how much the Mint is going to charge for all the upcoming issues. >>
  
  
  
  
  Methinks, if Pt were to set record prices, and stay there throughout 2007, many casual buyers of the US Mint plats might shy away, thus creating actual mintages which are lower than the already famous 2006 W-Plats.
  
  I'll buy double handfuls anyway.

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• jmski52 Posts: 23,283 ✭✭✭✭✭

  April 20, 2007 10:53AM

  Methinks, if Pt were to set record prices, and stay there throughout 2007, many casual buyers of the US Mint plats might shy away, thus creating actual mintages which are lower than the already famous 2006 W-Plats.
  
  I'll buy double handfuls anyway.
  
  
  A very valid observation, my friend.

  Q: Are You Printing Money? Bernanke: Not Literally
  
  I knew it would happen.

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