Commpliments of the International Forecaster
*********************************
By Richard Evans and Emma WallPublished:
10:44AM BST 16 Apr 2010
All talk of metal investing in recent months has focused on the haven and inflation hedge of gold. Yet other metals, notably platinum and palladium, are gaining interest from investors.
Prospects of a global economic recovery, and the tentative signs that the motor industry is getting back on its feet, is boosting the price of the white metals again. Fund managers said that two main factors drive this metal to premium prices: demand from the Asian market and its use in catalytic converters. Half of all cars need these converters ensuring that demand remains strong. LINK...
