NEW YORK, 15 January 2013 - BullionVault vice-president Miguel Perez-Santalla is quoted today by one North America's leading finance newspapers, Investor's Business Daily.
Giving readers 5 reasons to bet on platinum rather than gold or silver, Investor's sounds a note of caution after speaking with Miguel, a 30-year veteran of the precious metals industry.
"As the platinum price rises, it also becomes more lucrative for recyclers," says Miguel - vice-president at the precious metals exchange - "who often hold on to their positions to liquidate at higher prices.
"How much are they holding and how much more will come to market as the prices rise? This is a big guess. However, year upon year projected short falls in both platinum and palladium do not seem to come to fruition. Why is that? I believe it is the increasing supply of both metals from recovery of existing auto-catalyst and thrifting by manufacturers."
You can read Investor's full story here:
5 reasons to buy platinum, not gold
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