The upcoming months and years are looking very bright for platinum. These are just a few of the major reasons I believe a portion of any precious metals portfolio should contain platinum at this time.
*Platinum is cheaper than it has ever been relative to the price of the other precious metals.
*The price has been much too low, and platinum has been beaten up for too long over the Volkswagen scandal.
*Platinum is about 35% cheaper than the price of palladium. It is usually 2-3 times more than palladium.
*It is 30% less than gold but historically trades at 35% MORE than gold.
*Platinum is critical for Fuel Cell vehicles.
*Fuel cell vehicles are already in production and China has just announced a major move towards greatly increasing the production of these vehicles.