Thursday, February 09, 2012

 
 
 

 
 
 
 
 
You're nuts if you own gold instead of this
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Thursday, April 09, 2009
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By Tom Dyson in Growth Stock Wire:

I don't know why anyone would trade gold when they could trade platinum right now...

Platinum does everything gold does... It's a store of value, it works as money, it's easy to hide, it's durable, it looks beautiful as jewelry, and I could go on. From a trading standpoint, it also has some huge advantages to gold...

First, platinum's major demand comes from industrial users, especially the auto industry. You might think that's a bad thing, but I see it as an advantage. Think what happens to gold once it's mined: It sits in vaults, in safety deposit boxes, or in people's jewelry boxes. It never disappears. When sentiment changes or the price gets high enough, this "scrap" gold floods the market and suppresses prices.

Read full article...

Turn your precious metals into ATMs

Topics: Precious Metals | Tom Dyson | Commodities
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