Platinum future (PL)
Platinum price can reach 1000 level sooner according to my analysis.
All we need to get profit is to buy with good money management and hold it.
...
30% of platinum is used for Jewelry.
43% of platinum is used for automotive.
And other 27% is used for several purpose.
...
South African miners are the biggest source of platinum.
..
70% - South Africa
11% - Russia
7% - Zimbabwe
12% - other countries
....
the rise of electric cars reduce the demand of diesel engines, so platinum miners in South Africa cuts thousands of jobs.
As a result. the platinum price fall.
...
But , new source for demand of platinum will be found sooner so the price can reach normal level in this year.
I stand for up trend.
...
Thanks.
All we need to get profit is to buy with good money management and hold it.
...
30% of platinum is used for Jewelry.
43% of platinum is used for automotive.
And other 27% is used for several purpose.
...
South African miners are the biggest source of platinum.
..
70% - South Africa
11% - Russia
7% - Zimbabwe
12% - other countries
....
the rise of electric cars reduce the demand of diesel engines, so platinum miners in South Africa cuts thousands of jobs.
As a result. the platinum price fall.
...
But , new source for demand of platinum will be found sooner so the price can reach normal level in this year.
I stand for up trend.
...
Thanks.
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