Platinum Coins
Platinum investments took a new turn in 1983 when the Isle of Man, a British Crown Possession which is entitled to use its own currency, issued one ounce Noble made of platinum. It opened the door to investing in platinum coins –something which wise investors had been waiting for. Legal tender made of bullion, be [...]
Investing In Platinum
The uses of platinum are expanding on a daily basis. Studies estimate that one in five of all goods manufactured either contain platinum or need platinum for their production. One of the biggest users of platinum is the automobile industry where platinum is used in catalytic converters to convert harmful engine emissions into carbon dioxide [...]
Platinum becomes less precious
Over the last few months, Platinum has lost its status as a metal extremely more precious than Gold. After much time at roughly double Gold’s price, Platinum has barely been able to stay above gold at all. As I write this, gold is at $883 per oz, and platinum at $941 – that’s less than [...]
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