Platinum could outperform gold price as debasement trade regains momentum – WPIC - KITCO
Platinum could outperform gold price as debasement trade regains momentum – WPIC - KITCO
Source: KITCO
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DW NOTE
The WPIC is pitching platinum as a debasement hedge just as gold has fallen 16.2% from its January peak of $5,318. Platinum's supply base is concentrated in Russia and South Africa — one currently grinding through Ukraine with 29 square miles gained each of the last two weeks, the other with power grids that can't keep mines open five days straight. If you're fleeing monetary chaos, running toward a metal that requires geopolitical stability to extract is an interesting choice.