Platinum: Good as Gold
Source: The Street, Jeff Reeves (7/21/11)
"Gold prices just can't quit, but don't overlook other surging hard assets."
Gold prices just can't quit. The precious metal rolled back a bit in May but has come roaring back, with gold prices up about 8% in three weeks to top $1,600 an ounce. And in the long term, gold has seen even more dramatic gains—up about 50% in the last year-and-a-half when compared with a price of about $1,080 in late January 2010.
But while the 2010-2011 gold rush is making a lot of headlines, it's important not to overlook other surging hard assets. Platinum futures also have seen high volatility and considerable profits for savvy investors. . .View full article