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Gold/Mining/Energy : Platinum PRICE monitor--genesis Nov 2002

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From: IngotWeTrust2/20/2013 5:08:43 PM
   of 186
 
Interesting, FRESH new "pundit, Fulp" in things Platinum/Palladium.

Moi just found him today. Analysis posted 2.18.2013, but...
I heard him on FM radio just today (2.20) iterate the observations below:

Anyhow, a couple of high points from the broadcast by self-proclaimed "30+ yrs, economic geologist" who goes by the meme, MercenaryGeologist.com Fulp are these:

1) 60% of So. African platinum oz are produced at a LOSS pto currently

2) Cost to produce 1 PT oz anywhere is approximately the current price, mid $1550 to mid-$1600
trading range.

3) Whereas Fulp speaks to "rumors of Russia's Norlisk Palladium Stockpiles being depleted," he stated categorically in the FM radio broadcast, "Russia itself has confirmed the Palladium Stockpiles are now gone."

4) Ratios addressed vocally, at the present time (besides the familiar 53:1 -- Au:Ag) are:
Pt:Au 1.049:1
Pt:Pd -- 2.3:1

Interesting 10 year ratio charts are to be found/observed in geo. Fulp's printed pundit essay linked below

Today's PT print: $ -44.30 to $1641 on the close
...........PD print: $ -27.30 to $726 on the close.

Here's the "printed Fulp comments" link....

A New Price Paradigm for PT and PD
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