Monday, December 29, 2008

Time to buy platinum at $900


Another commodity that has been crushed, because of economic fears but who has any fear buying platinum at $900? Has anyone looked at the latest graph on it?

For two months, platinum has been accumulated, and now it is ready to rip. The shortage of physical gold is giving the paper sellers on the COMEX consternation. Does anybody think that maybe a few of those buyers are going to venture into platinum, especially if they get wind that the economy may start to turn?

A few months from now, people will look at these prices and wonder why no one was buying them. That's not the point. "They" have been buying, it's just that they have been accumulating at these levels.

Now it's time to take offers!

1 comment:

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