Who owns Oragenics?
01-11-2010, 01:05 PM
#22
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01-11-2010, 02:19 PM
#24
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but arent we late at the party? Supply now exceeds demand.
1. The avg world production is 6 mio oz (2009 production was ard 5.8 mio oz) and is pretty much consumed. The ETF approved size is 4.8 mio shares which means the exchange needs to physically hold 480 k oz. This brings the Platinum market in a deficit (the second largest annual deficit to date)
2. Not many investors know about this ETF
3. You cannot short this ETF.
4. No new capacity for Platinum production in the world
5. If you believe that consumer goods eg Cars and Flat screen TV demand pick up on the back of the recovery story, then the Platinum demand will also go up.
Last edited by tjangi; 01-11-2010 at 03:01 PM.
01-11-2010, 07:58 PM
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Reason for Platinum to go higher:
1. The avg world production is 6 mio oz (2009 production was ard 5.8 mio oz) and is pretty much consumed. The ETF approved size is 4.8 mio shares which means the exchange needs to physically hold 480 k oz. This brings the Platinum market in a deficit (the second largest annual deficit to date)
2. Not many investors know about this ETF
3. You cannot short this ETF.
4. No new capacity for Platinum production in the world
5. If you believe that consumer goods eg Cars and Flat screen TV demand pick up on the back of the recovery story, then the Platinum demand will also go up.
1. The avg world production is 6 mio oz (2009 production was ard 5.8 mio oz) and is pretty much consumed. The ETF approved size is 4.8 mio shares which means the exchange needs to physically hold 480 k oz. This brings the Platinum market in a deficit (the second largest annual deficit to date)
2. Not many investors know about this ETF
3. You cannot short this ETF.
4. No new capacity for Platinum production in the world
5. If you believe that consumer goods eg Cars and Flat screen TV demand pick up on the back of the recovery story, then the Platinum demand will also go up.
Me like your point #3 especially. Will look into it.
Two thoughts from me : CHL (China Mobile) and Exxon. Neither are going down long term IMO.
