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ETFS Physical Platinum Message Board

  • newmarkwiz newmarkwiz Mar 26, 2013 12:59 PM Flag

    news last few weeks/month about supply shortages, so what happens now ?

    since retail investors have learnt about supply problems last month/s which will last well into the next 6-12 months, on a daily time frame basis, this puppy is headed lower so they can flush out the retail daytrader/position trader types, who went long recently on reading news and expecting this to skyrocket.

    On a medium term/long term basis, this is undervalued and headed higher. Russia and South Africa both have problems which imply good things ahead for the metal pricing.

    (short term - Short recommendation, medium term - Long recommendation)

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