Investing in Platinum – The Possibility of Reward

Independent Living Bullion trades, at competitive prices, in precious metals as investments. In

addition to gold and silver, Independent Living Bullion (ILB) buys and sells platinum.

An extremely and scarce metal, platinum is 20 times more rare than gold. Most of the world’s platinum comes from South Africa, where labor unrest, including strikes and conflicts between mining unions, has driven down the price of the

metal. Although platinum prices are underperforming, its market value could increase

in the future.

South Africa’s situation has prompted one firm to consider cutting production and closing mines. This possibly enhanced scarcity would send

prices back up. As with other markets, periods of low prices are excellent times to buy.

Used in making automotive catalytic converters, platinum could also become more expensive due to a rise in car sales, which would boost demand. Another influential factor could be recognition of

platinum’s usefulness as an investment.

For more information, visit the ILB website at independentlivingbullion.com.