Platinum ( used in catalytic convertors) has risen by over 30% in 2007 and in 2008 has already risen by 30%!
Estimates are there shall be a global 400,000 oz shortfall in platinum in 2008 from the 260,000oz shortfall in 2007!!
Gold adjusted for inflation ought to be over $2000 per ounce!
Silver is normally 15:1 with gold today it is 50:1 hence could rise to over $40/oz from the current $17/oz!
Palladium ( sister metal to Platinum) has risen over $50/oz in 2008!
Rhodium has risen over $2000/oz in 2008 and its only February!
|
|