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<p>[QUOTE=&quot;gxseries, post: 426152, member: 4373&quot;]Platinum prices are actually pretty obvious unlike silver and gold. The main supplier comes straight from South Africa, dominating about 80% of the market, with the rest coming from Russia and other minor countries. 50% of that goes straight to automobile catalysts, 35% for industrial purposes and the rest jewelery and bullion I think. The thing is this, with the current global market with slow car sales, how difficult is it to see the prices of platinum falling when a large percentage of it goes straight to automobiles? Basic supply and demand chart is more than enough to explain this. </p><p><br /></p><p>There is an interesting supplier coming up soon from Zimbabwe (assuming that the political situation gets cleared up there) with the potential of adding 15% of the current global production and this is an extremely large number considering that the global production is about 7 million ounces. </p><p><br /></p><p>Johnson Matthey has interesting reports for this particular metal.[/QUOTE]</p><p><br /></p>

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