Why is platinum group metals price so low?

[EE_]

PT almost $70 below gold?
With such a strong economy, corporate profits at record levels, a booming stock market, real estate prices sky high...shouldn't these metels, that are so vital to construction, manufacturing and autos, be in high demand?

[gunDriller]

PT almost $70 below gold?
With such a strong economy, corporate profits at record levels, a booming stock market, real estate prices sky high...shouldn't these metels, that are so vital to construction, manufacturing and autos, be in high demand?

couldn't tell if you were being sarcastic.

Baltic Dry Index
http://www.bloomberg.com/quote/BDIY:IND

one of the better worldwide trade/shipping indicators.
a month ago it was at an all-time low, since its 'birth' in 1986.

Copper
http://www.kitcometals.com/charts/copper.html

Oil Price
http://www.bloomberg.com/energy/


world trade is 'a little' slow.

[Horn]

Its Putin's fault of course, isn't everything?

My question still is if .gov is saving 40% on its recent fuel and crude oil bill,

why is there still talk of austerity and assistance cuts, or raising more in tax around the globe?

[Silver Rocket Bitches!]

Good time to get into Pt? Looking at its historical price relative to gold it seems so but if they continue to make less diesel engines they need less platinum.

[Ponce]

The power to be are using silver and gold as a barometer in regards to the dollar, and they know that if silver and gold goes up it then would mean that the greenback is going downnnnnnnnnnn.

V

[Sparky]

Isn't palladium a lower cost substitute for platinum? Palladium is currently more than 4x it's 2008 low.

The 2008 price action in platinum actually looks like a bubble burst. Unlike gold, it lost a whopping 70% of its value in less than a year. Gold lost less than half that percentage in it's initial drop.

http://gold-silver.us/forum/attachment.php?attachmentid=7460&stc=1

http://gold-silver.us/forum/attachment.php?attachmentid=7463&stc=1

[Heisenberg]

PT almost $70 below gold?
With such a strong economy, corporate profits at record levels, a booming stock market, real estate prices sky high...shouldn't these metels, that are so vital to construction, manufacturing and autos, be in high demand?
Pd is still doing better than any other metal

[osoab]

Did chad sell?