Platinum

Negative interest will help Gold reach $1,500 in 2016 . . . .

If you missed the nice run in gold so far this year, here’s a way to make up for lost ground. Buy platinum . . . .

Gold continues bullish rally and is moving higher . . . .

Most Americans want to retire with a secure nest egg (IRA) full of conservative investments with a track record of appreciation. Precious metals (Gold, Silver, Platinum, and Palladium) have historically appreciated faster than traditional investments including Savings Accounts, CD’s, Bonds, Mutual Funds, the Stock Market, and Real Estate just to name a few. That said, there is an easy way to take your existing retirement account and invest it in Precious Metals with a Self-Direct Precious Metals IRA . . . .

To gain an understanding of how rare Platinum is, consider this… all the Platinum ever mined could fit in the living room of an average sized home! It’s also scarce. While Gold is relatively abundant in many parts of the world, large Platinum deposits have only been found in two places; South Africa and the Ural Mountains of Russia. 10 tons of ore must be removed from the earth and painstakingly processed to yield a single ounce of this precious metal.  It has been sought after by everyone from the ancient Egyptians to Louie the 16^th, who proclaimed it, “the only metal fit for royalty”. It’s the ideal metal for jewelry because Platinum is so hard; many claim it never wears down. Because of these qualities, it’s no wonder Platinum is often referred to as “The Rich Man’s Gold”. And many industries have found this precious metal beneficial as well.

Besides jewelry, Platinum can be found in laboratory equipment, electrical contacts, electrodes, thermometers and dentistry equipment.  Over one-third of all Platinum mined and processed each year is used in catalytic converters for automobiles. The increased automobile emission standards around the world now require auto manufacturers to use more and more Platinum in catalytic converters. Watchmakers appreciate the unique properties of Platinum because it neither tarnishes nor wears out.  Rolex, Breitling, and other famed watch companies use Platinum for producing their limited edition watch series. Some compounds, found only in Platinum, are even used in chemotherapy for cancer patients.