Take advantage of undervalued attainable silver market
Platinum supply/demand dynamics are tight – and getting tighter every month. While the western world’s industrial demand is understandably a function of economic growth – which obviously increases at a moderate rate – emerging countries’ demand for Platinum is literally exploding. For example, China’s platinum consumption has grown apace with its annual industrial production increases. China’s future platinum demand ALONE will tax the current production capacity of the four major mines.
Take advantage of undervalued attainable silver market
Platinum is only mined in South Africa and Russia ensuring its rare status as a bullion investment
Current stocks of platinum are relatively restricted
Today, platinum is a widely-used although extremely rare metal, critically important to the auto industry, the jewelry trade, and the chemical, electrical, and glass manufacturing industries. Far rarer than gold, it is estimated that all of the platinum ever mined throughout history would fit into a cube less than 25 feet on each side. Platinum’s supply/demand fundamentals are tight. In fact, according to some estimates, if platinum mining were to cease today, there would be only about a year’s supply available to industry. Despite its rare status, platinum will continue to be in demand for essential purposes, which confirms its worth as a bullion investment.
Platinum coins provide the ideal opportunity to invest in precious metals. There are several advantages of owning platinum coins. For example, over the coming years, most experts predict that the price of platinum will go up for a variety of reasons, and as such, you can expect the demand to be exceptionally strong. Platinum, though officially classified as a precious metal in the late 18th century, is said to have been used in Egyptian jewelry since as early as the 17th century. The name “platinum” comes from the Spanish word “Platina” which means little silver. It is said that Spanish Conquistadors originally thought that the little nuggets were unripe gold. Platinum remains the rarest of the most prominent precious metals. If you are in a position to buy platinum today, don’t even hesitate for a moment; it is an excellent way to diversify your investment.