As a former spot currency trader for a major international bank, I have had first-hand experience of central banks directly intervening in markets in massive size.
At the current run rate, total volume of COMEX contracts "exchanged for physical" in London looks to exceed 8,500 metric tonnes for calendar year 2018.
As the critical U.S. government entitlement programs begin to falter, the only agreed-to solution from both sides will be debt monetization and currency creation from the Federal Reserve.
Platinum certainly has room for one last flush to 877, 873, or a lower low. BUT whether it does or not, this is primed for shoot to new highs soon, in my humble opinion…