Did you know that the bulk of platinum that we have today is mined in just two parts of the world: South Africa and Siberia in Russia? They produce two-thirds and one-quarter of the world's platinum supply respectively.
We are undoubtedly experiencing a solid, broad-based and resilient economic recovery that is contributing to a narrowing of the output and unemployment gaps, but a seeming disconnect between growth and inflation remains. As slack in the economy continues to be absorbed, reflationary forces will gradually build up and the traditional Phillips curve connection between inflation and the business cycle should eventually re-assert itself.