James Seaberg

Metal Miners Benefit as Power Shortages Force Platinum Prices Higher

The statement “He revised his price forecast from $1,450 to $2,125 per ounce in 2008, and also increased his 2009, 2010 and long term estimates to $2,000, $1,900 and $1,000, respectively.” appears so hopelessly outdated. We are already at roughly $ 2,200. What is Jaworski talking about increaing his estimates to $1,900 and $1,000?

Parallel to gold, platinum will go much higher. The Russians take also very good care of the platinum price and hold back supply when the price plunges. Platinum is a clear buy!