Start the conversation
A little while back, I told you how this rare precious metal, used in specialized technological applications, had become historically cheap.
In fact, platinum was trading for less than it was at the depths of the financial crisis.
I said it was on the cusp of soaring, thanks to a confluence of demand, supply, and utility.
Well, since its August lows, platinum is already up over $100 per ounce, good for a blistering 13% in just two and a half months.
The platinum miner I suggested then has gained over 35% from mid-August, while broader equities are down 3.5%.
This precious metal has such crucial applications, it's sure to head higher in the months and years ahead, especially as this sector continues to make a comeback.
Let's take a look…
About the Author
Peter Krauth is the Resource Specialist for Money Map Press and has contributed some of the most popular and highly regarded investing articles on Money Morning. Peter is headquartered in resource-rich Canada, but he travels around the world to dig up the very best profit opportunity, whether it's in gold, silver, oil, coal, or even potash.