Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Tuesday, October 18, 2011

Buy this metal: more precious than gold

This is absurd: platinum is now trading at USD 1533 spot price and it is now lower/ cheaper than gold at USD 1656. Ratio of platinum/gold is approximately 0.93 although platinum is much rare a commodity than gold.. If I remember correctly, it should be trading at ratio of 1.5 to 1.8 range...
I've always wanted to get my hand on a physical platinum 1 oz coin when it was trading at USD 800 - 1000 range two/three years ago but unfortunately there weren't any legitimate seller in the Malaysian metal market. So if you're in Australia, USA or Europe, this is simply a must-grab physical item..!

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