NUM - Why Is Platinum Behaving Like This?
Investment Thesis
Platinum has performed poorly this year. YTD, it has dropped by more than 12%. This article will show why this is an ideal period to invest in platinum by comparing it to the recent surge in palladium.
Introduction
Platinum is a precious metal that belongs to the Platinum Group Metals ("PGM") category. This is a category made up of six more noble metals that include palladium, rhodium, osmium, iridium, and ruthenium. These metals are known for their resistance to wear, tarnish, and chemical corrosion. They have excellent high-temperature characteristics that make them ideal