Platinum producers may shortly have shortfalls in their foreign currency exchange cash flow and accounts.
In terms of precious metals - Platinum especially is that alternatives to these expensive precious metals are currently being introduced and rolled out in the market. For example Mazda Motors Corporation ( Japanese) has announced that it has developed a new emissions catalytic convertor that shall cut demand from this important sector of the precious metals and importantly the foreign currency earnings of this sector .
Demand may well be cut for Platinum by 70 - 90 % resulting in substantially lower foreign exchange earnings for Platinum and Palladium precious metal producing countries and areas.
Foreign Currency Trading Beginner Resource Center
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