Platinum

Add a New Bulls Reason Commodity: Platinum Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Platinum Prices/Bulls/Platinum Prices/Bulls/Good opportunity in Platinum right now Top Contributor: Daily Wealth | Created when FUTURE:PL00 was $0.00 | Edit | History The extreme effect is why we're interested in "buy" recommendations on platinum right now. Gold and platinum are both precious metals. So they typically trade in a "band" together. One ounce of platinum usually buys two ounces of gold. Right now, that band is stretched to an incredible multiyear extreme. Platinum is super cheap. The auto industry uses platinum to make catalytic converters. So the recession sent the price of platinum from $2,200 an ounce to $800 in 2008. This huge fall has caused the platinum/gold ratio to reach "extreme" levels. Jeff just told his Advanced Income readers a unique way to profit from the situation. (100 character max) Cancel

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