Released on: August 18, 2008, 10:57 pm

Press Release Author: Michael Brown

Industry: Financial

Press Release Summary: Despite falling from a 21-year high back in March to its
lowest price in over four months, Portway Capital purportedly believe that the
world's rarest precious metal can withstand downward pressure from a projected dip
in supply as global economies and consumer confidence continue to wane.

Press Release Body: Portway Capital were certainly not alone in befriending the
trend over the last 12 months; Platinum had previously soared to new highs on the
back of strong demand and regional supply disruptions in Russia and South Africa.
However, recent events have seen a serious downturn in economies worldwide, none
more so that the biggest consumer market of all, the US.

"We are currently seeing a reaction to the sustained period of overbuying during a
supply shortage" stated a Portway Capital source. "Coupled with a decline in Auto
manufacture in the US and most recently, projected drops in car production in India
and China are naturally casting a negative cloud on platinum".

However, despite this negative sentiment, rumors persist that Portway Capital are
prepared to hold onto their positions in Platinum-related investments, albeit
selectively - a clear indication that they see Platinum prices continuing their
upward trend over time.

Demand from the auto industry aside, platinum is being increasingly used in a
variety of industrial processes such as fuel cell production, electronics, chemical
processing, petroleum refining, medical and dental applications and glass dies and
analysts at Portway Capital are apparently of the opinion that growth of these
applications is capable of supporting future demand estimates.

One market observer, close to Portway Capital, also commented that the localized
nature of the worlds platinum reserves (the only meaningful deposits of platinum are
found in South Africa and Russia - accounting for 90% of total global platinum
supply ), leaves prices susceptible to a genuine squeeze in the event of local
disruptions due to social or political instability.


Web Site: http://www.portwaycapital.com

Contact Details: Michael Brown
news@pr-newsnow.info