Philman

High Prices Cut Demand for Metals

I am interested in learning whether platinum has any significant investment demand. I know it is the rarest major precious metal, and it seems to be a lot cheaper now. Is it a buy? Or, will it go down to $800 per ounce, because people don't need it so much for auto catalyst use anymore, given what appears to be an oncoming recession/depression. Also, isn't China still selling tons more cars? And, Ukraine? And, so forth for all the second world? So, why is platinum going down so much? Is the supply problem in S. Africa, maybe, solved?