Platinum! Platinum! Platinum in… California?

091016pgmWhile we have just finished knocking the long term prospects for OIL we might as well mention something that rust doth not corrupt nor moths eat.  Platinum.  PGM in ETFs.  We bought it in January and love to be lulled to sleep at night by its boring progress.  We actually should have been adding on and now is a time that the newcomer might want to get in with a minimal commitment.

We do have an analysis that says the long term prognosis for platinum is positive.  Oil is slippery.  Platinum is nice and shiny.  You will remember the rule of entering trends in progress:  carefully.

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