Buy Platinum for your Portfolio
Rare precious metal
As one of the world's scarcest and most beautiful precious metals, platinum is about 100 times more rare than gold. Platinum - usually found in conjunction with nickel - is considered a strategic and vital industrial metal with limited sources of supply.
Platinum is primarily produced in the former Soviet Union and South Africa, countries which account for about 90 percent of its production. About 5 percent of platinum comes from Canada, and the bulk of domestic platinum is obtained through reclaiming operations or import. The U.S. government has begun to stockpile platinum due to fears of supply interruption.
Platinum's value is exceptional because it is costly to recover even small quantities of the metal from tons of ore. The demand for platinum in the marketplace exceeds its free world supply, making it a highly attractive precious metal investment.
Platinum as an inflation hedge
Gold and silver have long been the most popular precious metals, but platinum investments have increased in recent years. The rare metal has established a reputation as an excellent investment vehicle. The precious metal is popular with investors because it acts as a hedge against inflation while providing long or short-term profit. Rapid demand growth and limited supplies have contributed to platinum's popularity.
Platinum, a prized metal
Platinum is often used for fine jewelry, but beyond that, its applications are strategic. Platinum has catalytic properties and resistance to corrosion, playing a significant role in the manufacturing of gasoline, fiberglass and catalytic converters. Widely used in the electrical, chemical and medical industries, platinum consumption is only expected to increase in the future.
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Open an account with Highland Asset Management Metals Division to start investing today.
