We are long platinum - Todd Horwitz

After the strong rallies in both silver and gold, Todd "Bubba" Horwitz told Kitco News on Thursday he is now long on platinum.
"We were short platinum until about three weeks ago. Platinum looks [to hit] $1,100 or $1,200 next," said Horwitz.
As of noon ET Friday, as the precious metals were selling off, October platinum was trading at $969.10, down 4.42% on the day.

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.