Forget Gold Buy Platinum

Buy Platinum? via The Independent Trader

Prices of gold and silver now relive their renaissance. Growing uncertainty in the market due to the ever more probable interest rate increase by the FED and another round of global QE made sure that investors turned to metals. Generally, during those uncertain times and an environment of negative real interest rates (when even interest on deposits or bonds cannot catch up with inflation) precious metals record their great surges.

Since I was recommending buying precious metals during the Intelligent Investor course, the price of gold and silver coins rose by 20% and 45% respectively. What is worrisome is that there has not been any substantive correction. No asset can grow forever and temporary drop...