This is off the subject of ugg boots, but very much a valuable piece of information that I feel the need to share with my readers.
If any of you out there invest in the market, I believe it's time to consider a different type of investment. I believe the investment of the future (and present) is platinum. I kid you not. Have you seen the charts lately? Granted, I'm not a stock broker, nor do I have stock in platinum, (yet) but I did do some research that I want to share with you.
First off, if you're not familiar with the cost of platinum, it recently rose to over $2,000 an ounce, more than twice as much as gold goes for per ounce. I've also discovered in my research of a company that is about to explode financially, which in turn, those who have stocks in this company will explode with them.
Before I mention this company, it's important to know that most of the platinum mines are in South Africa, but because of the recent political/social turmoil there, platinum stocks in certain South African markets haven't been doing as well. Kitco reports, "Platinum prices have broken record after record high in recent days, propelled by concerns about declining output from South Africa, the world's biggest platinum producer. The metal has rallied sharply since the middle of January, boosted by severe power shortages that have gripped South Africa, forcing many major mining companies to operate below capacity and revise their production forecasts." As a result, many are looking for alternatives. This brings me to a company that's sitting on a "gold mine", or I should say a "platinum mine"and whose stocks I predict will soon be out the roof. They're not located in South Africa, but rather in the Pacific Northwest.
First, take a look at how well platinum has done in the last five years.
Notice that this information only goes to 2006. As you can see, in two years, platinum has doubled as we're now up to $2,000 an ounce.