3 Ways to Profit From Platinum’s Surge

Industrial firms, Wall Street hedge funds, and any big money investing in platinum anxiously await Johnson Matthey’s semi-annual review of the platinum industry.

And they got incredibly interesting reading in the group’s most recent report, released Tuesday…

In its Platinum 2013 Interim Review, Johnson Matthey said the platinum market this year is moving toward a supply and demand deficit of 605,000 ounces — the largest deficit since 1999. That’s up from a 340,000-ounce shortfall in 2012.

It said that gross demand for the precious metal could hit a record 8.42 million ounces in 2013, up 4.2% from last year. (more)

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