All we need to get profit is to buy with good money management and hold it.
30% of platinum is used for Jewelry.
43% of platinum is used for automotive.
And other 27% is used for several purpose.
South African miners are the biggest source of platinum.
70% - South Africa
11% - Russia
7% - Zimbabwe
12% - other countries
the rise of electric cars reduce the demand of diesel engines, so platinum miners in South Africa cuts thousands of jobs.
As a result. the platinum price fall.
But , new source for demand of platinum will be found sooner so the price can reach normal level in this year.
I stand for up trend.