In today’s world, a lot of people consider platinum as a significant and viable investment. A lot of people identified the precious metal as a “cheap” precious metal. It does not mean it is not a good investment. In fact, it is even cheaper. So the big question is it a good time to buy, sell or hold bullion like platinum eagle coins or bars?
Why do you need to invest in platinum?
Let us start with the basics. Where can you usually use it? The answer is a lot of things. According to most experts, one-fifth of all manufactured items contain platinum, although this statement is hard to prove. It is used in the chemical industry as a great catalyst.
It is also used in electronics as a component for hard drives, in fiberglass manufacturing, in refining petroleum, in making medical equipment like catheters, stents, neuromodulators, guidewires, pacemakers and defibrillators.
It is also used in cancer treatments, medical …