Are Platinum ETFs Putting a Chink in Gold’s Armor?
Monday, March 29th, 2010Tom Lydon submits:
Gold ETFs were all the rage… until physically-backed platinum ETFs came along. Many investors are now considering whether it makes more sense to use platinum in their portfolios the way gold has historically been used.
Does platinum make more sense than gold? While gold has time and major performances on its side, platinum even more rare and every bit as attractive. While gold is popularly used in wiring, platinum is even more versatile on the industrial front. Among other things, it’s used in automotive catalytic converters and LCD TV screens, reports Christopher Helman for Forbes.
