Investing in Commodities: Platinum prices soar

Posted March 4, 2008

"Gold investors are making money — lots of it. Platinum, tin and copper are all up. Gold and platinum futures hit record highs." — Christian DeHaemer

by Christian DeHaemer

Baltimore — (TFN): There’s bad news all over. There’s a new war brewing in South America. Israel and Palestinians are going at it again. The Nikkei 225 fell 4.5% overnight, continuing its 20 years of failure. The U.S. debt crisis is like peeling an onion, with each layer more rancid than the last. And the greenback has gone sour.

But gold investors are making money — lots of it. Platinum, tin and copper are all up. Gold and platinum futures hit record highs. Silver is at 27-year peak today. Material Profit’s silver ETFs are up about 56.77% and 67.27%, respectively. April platinum futures hit $2,245 an ounce on the Nymex, which is a record.

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Christian DeHaemer is a regular contributor to Taipan Daily, your FREE resource for late-breaking investment opportunities to help you beat Wall Street to the profits.

Filled with investment analysis and insight for every sector (from blue chips to small caps… from options to ETFs… from emerging markets to the tech sector), Taipan Daily delivers just the right blend of safe opportunities with the fast-moving plays, so you have an insider's edge over the Street… and other investors.

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This is the new trend. The dollar is down, the U.S. is likely in recession, and commodities keep going up. If you are tired of losing money in index funds and housing, don’t fret… because now is the time to make money in real assets. View a chart of platinum performance in the last year and read more from Christian DeHaemer.

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