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Platinum

Platinum (Pt) serves as both a precious metal and as a highly sought after industrial metal. The investment world considers platinum as a precious metal because it functions as a store of value, and for most of the last quarter century Pt has traded higher than gold, sometimes twice the value.

What’s more is that platinum costs far more to produce than gold. In 2014, the cash cost of producing platinum was $1,209 / troy ounce. This implies that platinum mine production might continue it’s decline in coming years as producers run into further financial troubles, making the investment prospects very attractive indeed.
Platinum is also an industrial metal, having various applications in jewellery, electronics, dentistry, and most importantly in automobile production in catalytic converters, where nearly half the yearly mining supply alone goes towards.
Protect your wealth with this unique and illustrious precious metal.
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