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PLATINUM INVESTING
PLATINUMS INVESTMENT PROSPECTS
Article # : platinum176
PLATINUM'S INVESTMENT PROSPECTS
Historically, platinum prices run in tandem with the precious metals group (gold, silver, platinum and palladium). However, there are a couple of distinguishing characteristics to the "Rich Man's Gold." Platinum usually leads the other metals in any valid new bull move - albeit accompanied by palladium. Additionally, platinum is much more volatile on the upside and downside than is gold. Whereas during normal periods of rising precious metals prices, platinum enjoys a few dollars premium over gold, the platinum/gold spread widens considerably when the group is in a strong bull posture. In fact the platinum/gold spread has reached more than $200 occasionally during the last two decades. No one can foresee the future, but in the next precious metals bull market, it may well repeat the performance.
Whether a person should take the bullion investment approach, or the shares of the three South African platinum mining companies, or the North-American stock, Stillwater Mining, or the Australian Delta Gold, or even platinum coins - is a personal decision dependent upon numerous factors, and one's tolerance for risk. Unfortunately, discussion of these factors is beyond the scope of this report. Nevertheless, this researcher believes all will do well, once the bull market in precious metals begins its cycle anew.
Source: gold-eagle.com