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Investing in Platinum: Demand to Hit Record High in 2013 – Money Morning

Industrial firms, Wall Street hedge funds, and any big money investing in platinum anxiously await Johnson Matthey’s semi-annual review of the platinum industry – and they got incredibly interesting reading in the group’s most recent report, released Tuesday.

In its Platinum 2013 Interim Review, Johnson Matthey said the platinum market this year is moving toward a supply and demand deficit of 605,000 ounces – the largest deficit since 1999. That’s up from a 340,000-ounce shortfall in 2012.

The U.S. Companies with the Most Cash – Money Morning

The trend of companies in America hoarding cash keeps growing.

The 10 U.S. companies with the most cash reported a combined $540 billion in cash, cash equivalents, and short-term investments in their last quarterly reports. That’s up nearly 3.7% in just the last quarter.

These cash hoards are why activist investors like Carl Icahn have been pushing companies’ boards to share their wealth with stockholders.