Is that not a promotional pump?
Shortage comparisons are only valid if one states the supply vs demand.
Yes there is little platinum, but there is less demand for it compared to gold and
silver.
Example: Silver which if production would cease today the world would run out in a
few months.
( My info on silver supply is from a couple of years ago, must be worse now. Trying
to buy a small amount of silver Maple Leafs, order still open. Perhaps I should try
platinum for a real comparison).
Does the same or worse situation apply to platinum?
I suspect not as bad. If my memory is intact, platinum was not as short just a
couple of years ago. What shortage there is is due to S.Africa. Perhaps the
S.African situation is much worse now. Anyhow it is due to socio-political problems
there which could be solved, world economy excepted.
There are no such problems to be solved with silver, yet shortage remains and will
remain until precious metals are priced at full value. (Again, I feel that silver is
more under priced then platinum.)
For my precious metal investing it is in following order: silver, gold, platinum,
palladium, and not too far behind semi-precious copper.