By Clint Siegner – Re-Blogged From Silver Phoenix
You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market?
We see a handful of factors driving the recent declines in platinum. For starters, it is facing the same challenges we find in gold and silver prices.
The dollar has been getting stronger, interest rates are rising, and traders on Wall Street have rarely been more carefree. Mainstream investors are positioning for economic strength, not looking for safety.