Maybe caution with platinum. It seems to me that every time there's a sustained run on gold, you get people writing articles about platinum, and why it should be considered as a buy, and why it's maybe now a better buy than gold. The same reasons each time --- harder to find, more expensive, catalytic converters, everybody knows gold, but fewer consider platinum and that will change, thus helping to propel platinum stocks.
Betting on platinum after these articles have appeared has not worked for me. For other faster/more astute or more knowledgeable people, playing platinum might work for them. For me, the platinum theme is well-known and I suspect already exploited. I'm sticking with the gold mining shares I have.
Again, jmo, and I've been wrong many, many times. |
