RE: Positive Reasons to keep your wedge in .12 Feb 2021 15:00
“You’ve got the entire PGMs suite that is short and that certainly will translate into tight markets,” World Platinum Investment Council (WPIC) director of research Trevor Raymond told Mining Weekly in a Zoom interview on Monday.
“What we’ve already seen is that platinum has traded above $1 100/oz. That’s over 80% above where it was at its lows in March… so, I think the platinum price has got a strong chance of moving strongly towards the gold price and towards the palladium price. Certainly it may be edged on a little bit by incredibly strong rhodium prices as well,” said Raymond.
Lets get this giant deal done