October platinum is once again flirting with the August 12 low of $1507. It closed today at $1513.90. The main concern is continued economic slowing. There is strong likelihood that platinum will slide below $1500 to test $1490 if equities extend even further downward. Wait, and wait some more for a buying opportunity at much lower prices.

Oct platinum $1513.90, down $13.60; Range $1508.70-$1522

Sep palladium $476.20, down $9.45; Range $473-$478.95

Dec gold $1,228.80, down $6.60; Range $1,223.60-$1,235.60

Dec silver $18.041, down 34 cents; Range $17.895-$18.395