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A good time to invest in platinum
Thursday, April 25, 2013 0:26
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When the gold price stops heading north, the reason to hold it as an investment starts eroding and investors start to sell out, he says.
The problem – particularly with exchange traded funds (ETFs) – is that when an investor redeems their ETF certificate, the ETF Company has to sell at whatever the market is willing to pay, adds Spanjaard. “So you get big redemptions and gold just gets dumped on the market.”
