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<p>[QUOTE="goldcollector, post: 4008241, member: 9088"]platinum is up $10 already and the markets only been open for an hour or so. This makes me feel like Platinum has a good deal of room to run still. With Palladium pretty much at $2500 they know there will be a move back to platinum which will probably pushed it to $1500. You have to realize platinum is insanely rare as there is annually about 200 ounces of silver mined for every 1 ounce of platinum. ( sorry Jeff those numbers might not be exact but its reported as 1 billion ounces vs 5 million ounces ) but anyways platinum is so rare there just isn't massive supply to dump on the markets to stop the price move like there is with silver. that's the point I'm making whether the ratio is 197 to 1 or 202 to 1. I'm looking for $1200 platinum by february sometime[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 4008241, member: 9088"]platinum is up $10 already and the markets only been open for an hour or so. This makes me feel like Platinum has a good deal of room to run still. With Palladium pretty much at $2500 they know there will be a move back to platinum which will probably pushed it to $1500. You have to realize platinum is insanely rare as there is annually about 200 ounces of silver mined for every 1 ounce of platinum. ( sorry Jeff those numbers might not be exact but its reported as 1 billion ounces vs 5 million ounces ) but anyways platinum is so rare there just isn't massive supply to dump on the markets to stop the price move like there is with silver. that's the point I'm making whether the ratio is 197 to 1 or 202 to 1. I'm looking for $1200 platinum by february sometime[/QUOTE]
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