PLATINUM TO CATCH UP TO GOLD AND SILVER

PLATINUM TO RISE

The strike at South African platinum mines is over...Anglo American is selling its underperforming platinum assets...and the price of platinum rises. InvesTRAC's forecasting model is indicating a top in September so let's see what it can do. The daily chart below shows that the price has pushed through the first barrier and is on target to test the next resistance level at $1541, which if beaten, would open the way for a test of the February 2013 high at $1734.