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Re: coinmaker post# 28479

Wednesday, 07/18/2012 12:54:51 PM

Wednesday, July 18, 2012 12:54:51 PM

Post# of 35736
Platinum is cheaper than gold right now, and that's happened only 3 times in the past 25 years. Platinum is 15 times rarer than gold. The cost to mine platinum is near, or even higher than its current price. The majority of the world's platinum comes from South Africa, which is a disaster and producing smaller amounts of everything every year. Falling production and rising jewelry demand from Asia likely means higher prices.

Looking for the leverage of a junior miner, rather than the ETF.

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