The metals are also required to make the exciting new fuelcell technology used in building zero-emission engines for cars. The fund holds investments in South African platinum producers. We hold Impala Platinum, for example. We also have a holding in Aquarius Platinum, which is listed in Australia and London. It's not that we think the metals are going to go higher, but we think the companies are good value.
Value is available in the market.
If the shareholders don't pay up for it, the other companies will and competitors will start buying each other. We do not need metal prices to skyrocket to be able to generate super returns in this industry. I am confident that there is good profit to be had in the sector. He notes increased demand for gold and platinum as well as signs of more consolidation among metals producers. All Rights Reserved.