Hit 0.18 today. First time it has been that low since January 3rd.
Poor US GDP numbers on Wednesday indicated economic growth has stalled. Today's non farm payrolls data confirmed that trend.
Platinum refiner specialist Johnson Matthey PLC said it saw no upturn in Europe and Japan for its catalytic converter business in the new calendar year.
This has been reflected in the slow decline of ELR since Wednesday. I would not be surprised to see 0.16 by the end of the week and 0.15 or lower with 2 weeks.
Those that cannot see the righting on the wall are just going on blind faith.