So if you do own gold, sell it and put it in platinum. If you don't believe me, believe David Morgan:
As an add-on from me though, I want to point out that platinum is being used by the automobile industry for car catalysts (around 60% of platinum is used for autocalayst in 2006). So it is important to look at car sales. And what do you know, 2012 was the best year for car sales since 2006. Ford is profiting!
Platinum demand from the auto industry will go away if the price goes too high. They'll shift to palladium, then to some other catalyst.
BeantwoordenVerwijderenAlso, don't believe anything just cos David Morgan says it.