Friday, July 3, 2009

Platinum Investments

Platinum can be a great investment whether you buy ETF's or if you buy physical bullion. Many analysts feel that platinum is trading at a big discount compared to gold which is always used as the standard. There is a new fund out of Toronto called "Brompton Funds Management" where they use the money you invest to invest into gold, silver, and platinum. I am not sure if there are any funds dedicated to investing directly into platinum bullion and just that nothing else. If you do decide to invest into platinum bullion make sure you always check the spot price because that is how platinum is traded. Most peopel don't know that you can actually invest in platinum bullion coins. The spot price of platinum bullion today is $1186.00 per ounce.