"Platinum - The Metal For Choice Investors When it comes time to...

"Platinum - The Metal For Choice Investors

When it comes time to balancing your investment portfolio, having some good and solid markets to invest in is a great idea, but sometimes not so easy to find. Right now there is such a market that is just begging for investors and that hot market is platinum.

The demand for platinum has risen in the last five years and is expected to keep on rising. Right now the demand is already beyond the supply. The primary use of platinum today is in the automotive industry. Catalytic converters use platinum in the process to reduce greenhouse gases. Because of the current demand to reduce the greenhouse effect, the expected need for platinum is here to stay. Countries now advancing in the use of car production also are facing increasing needs for this metal. Chemical processing also uses it, too. These industries account for more than 50% of all platinum production.
Jewelry is the other primary use of this precious metal, whose value is much greater than gold. The interest in platinum jewelry has also recently been in great demand - especially in Japan and the United States. Other uses include computer data storage, scientific developments, fuel cell technology, and in the glass manufacturing processes.

Because platinum is so rare, about 20 times rarer than gold, it will always have a great value.

Wherever platinum is mined, it is usually found with 6 other metals in the platinum group, including ruthenium, rhodium, palladium, iridium and osmium, and each of them has value as well.

Historically, platinum has been more valuable than gold and is expected to stay there.

Adding this precious metal to your investment portfolio is indeed a great choice. It also remains one of the most liquid of investments, too. "