How Do You Profit From The Surge In Platinum Prices?
Making 41% on any investment is great. Making that same return in less than 2 months is nothing short of phenomenal. Hedge fund managers dream about those kinds of returns. Some savvy investors don’t need to dream. Investors in platinum have already recorded gains of more than 41% this year. That’s right, more than 41% since the start of the New Year. Historically, platinum was seen as an ugly step-sister to the more popular and desirable gold. This has changed as of late. Gold and the other precious metals are starting to share the spotlight with platinum, especially when it started trading for more than $2,000 per oz. Platinum is a precious metal rarer than gold and much harder to mine. In fact, King Louis XV of France declared it the only metal fit for a king. But, do we really need platinum? The two largest uses for platinum couldn’t be more different. One major user is the jewelry industry, the other is the pollution control industry. Very different I know, but it is hard to argue
