Email of the day (4)
In response to my question on union wage negotiations with platinum mining companies:
"Your question is very valid and topical, and I have prepared a short note in reply (see attached Word document). Here is the link.
David Fuller's view My thanks to Prieur du Plessis of 'Investment Postcards from Cape Town' for this informative reply and I have turned the Word document mentioned above into a PDF for posting on Fullermoney.
This chart of gold divided by platinum shows that the latter is comparatively cheap within its range since 1987 against the yellow metal. In modern times, platinum has always outperformed gold once the prices reach parity (1.0).