http://agmetalminer.com/2011/10/24/is-platinum-falling-out-of-favor/ Perhaps it is the time to consider moving to some other metal. Platinum gave us very good returns during the 2008-11 period. But I don't think it will sustain its growth. Looking at the Gold-Platinum ratio, I can clearly see Platinum losing a bit of shine.
Currently there is a gold rush, not a platinum rush. People are following the world trend and investing in gold, while forgetting about other precious metals like platinum. Platinum will drop while gold will rise - but once the gold rush ends, platinum will most likely rise again into the thousands of dollars per ounce. This is my theory.
When it comes to metals, I believe everyone of them have there ups and downs, depending on the mood of the investor. If one person sees a movement in gold than others will begin purchasing it and drive the price of other metals down. Since it seems that most of this type of trading is being done by computers, you have to catch metals at the right time to really make any real money off your investment. Unless you are purchasing them for a particular reason. Since the economies around the world are stagnant or in trouble, more people are going to invest in silver and gold, because these two metals are accepted by everyone around the world. But to answer your question, right now, I do believe platinum has fallen out of favor.
I do not like platinum because it has not proven itself against the rough waves of financial chaos and no offense but I think gold and silver are a much better investment than platinum.
you got a point, gold and silver were much more preferable investment compared to platinum, however we could never tell what will happen to its price after, let's say, 50, 60 years from now?
Exactly. Platinum is not my most preferred mode of bullion investment. But there is no harm in including it in your portfolio, albeit in smaller amounts.
