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The platinum market is just too small. China has $3.7 trillion of foreign exchange reserves. To keep 1 percent by value in platinum, at $1,000 an ounce, would need 37 million ounces of platinum, which is six years' mine supply, to get 0.1 percent, you'd only need to buy two-thirds of a year's mine supply, but why would you want to hold 0.1 percent of your reserves in platinum? What use would that be to anyone?

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