Oil $500 - By Flavious J. Smith, Jr.

As an investor, you could capitalize on this long-term bull market in several ways...

First, you could buy physical bars or coins . However, you’re always going to pay a premium when you do this. Once you include the transaction fees, you won’t get the full value. Another way to profit is through the various exchange-traded funds (ETFs) that specifically track the prices of the different PGMs , including the ETFS Physical Platinum Shares (PPLT) and the ETFS Physical Palladium Shares (PALL). While that strategy could help you make double-digit profits as demand for these PGMs climbs in the coming years, I believe the best way to play this opportunity is through the “best in class” companies that mine and produce platinum, palladium, and rhodium . Typically, these businesses limit their risk by diversifying their operations into other metals – like copper, zinc, gold, and silver. That way, they’re not entirely dependent on PGMs. And you always want to manage risk in your portfolio.

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