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Message: South Africa & Platinum

South Africa & Platinum

posted on Apr 05, 2010 10:18AM

News Item - White supremacist leader Eugene Terreblanche was murderered by black farm workers, thereby increasing racial tension in South Africa.

Based on this, I thought that the South African miners would get hit. I was preparing to add to my holdings of ANO & PLG on any decline. So what happens? Platinum goes up (most of it comes from South Africa) and takes the stocks with it. This is why I don't trade on fundamentals, lol.

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