Platinum: A Precious Metal To Buy Now – Seeking Alpha

Thursday, I told you I would buy some gold in the near future. That might be a week or a month – I’m not sure. It depends on my year-end bonus. But right now, I’ve already shot all of my currently available capital at another precious metal investment, and of course, it’s fallen even lower from my initial buy price.

I’m talking about platinum.

Now, I should clarify: I don’t own physical platinum. I do own physical gold and silver – but that’s because gold and silver are highly recognized among the general public. Platinum is not generally recognized by anyone outside of the specialized industries that utilize it. And though platinum is much, much rarer than either gold or silver, it’s currently cheaper than gold.

It’s a rare occurrence. And since I believe that gold prices are likely to rise in the future, I’ve placed a significant amount of my available investment capital into a platinum ETF,

Click the link below for the rest of the article….

via Platinum: A Precious Metal To Buy Now – Seeking Alpha.

Advertisements
This entry was posted in Gold/Silver, Investment/Financial and tagged , , , , . Bookmark the permalink.

One Response to Platinum: A Precious Metal To Buy Now – Seeking Alpha

  1. Pingback: BMG: Buy Bullion| Platinum’s upside potential

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s