Bullish Platinum – We Have Been and Still Are

Platinum BarsThe Hightower Report was and is bullish Platinum. We posted several recommendations to buy the metal in our Weekly Newsletter and our Daily Comments during 2013.

As the chart below indicates, we were able to trade the long side with success, despite a downtrend in the market.

We feel the big story in this market has yet to be played out. Tight supplies, labor difficulties, rising costs of production and burgeoning demand could be setting this market up for a major up-move.

PlatinumChart2013Trades-800Disclaimer: This report should not be construed as a request to engage in any transaction involving the purchase or sale of a futures contract and/or commodity option thereon. The risk of loss in trading futures contracts or commodity options can be substantial, and investors should carefully consider the inherent risks of such an investment in light of their financial condition.

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