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Platinum Group Metals Ltd. Message Board

  • hockeyguy548 hockeyguy548 Mar 27, 2013 2:09 PM Flag

    Credit Suisse: Platinum will rise well above $2,700/oz in the coming years

    According to Zero Hedge:

    Credit Suisse are bullish on the PGM’s of platinum and palladium. They favour them over gold and silver as they say that they are more cyclical and less dependent on investment flows. Therefore they believe that there is more upside likely for platinum and palladium.

    We believe that due to the very favourable supply demand dynamics in the platinum market, it should rise well above the inflation adjusted record high from 1980 at $2,700/oz in the coming years from $1,571/oz today.

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