Up 10% today - still down huge % on my initial investment, but a move in the right direction. Well done to the topper-uppers at <19p!! - I didn't have the capital or the balls to risk a sell and re-buy.....
Grab the opportunity at this price to top up Platinum being a strategic metal not going to stay v long at this price , it's supply vs demand at present , future of plat holds good and has to go up , imo
It's falling because the industrial 'demand' is being controlled from China, along with many other things being controlled from China. Not much in the way of options other than to expect it to rise again, hopefully soon.
The Platinum price has been falling since July from 1500 to currently 1333. Hopefully it will stop at 1300, otherwise it’s in free fall & will continue down. All the company can do is to increase production & sales to try & maintain the sp. The Pro’s might be manipulating the price down before an end of year rally, time will tell.
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