Mickey Fulp: The Case for Buying Platinum Right Now

TL;DR

Geologist explains why the commodities industry performed well in 2017 and discusses the undervalued nature of platinum as an investment opportunity.

Transcript

I'm Charlotte McLeod with the investing news network and here today with news for scenario geologists three people thank you so much for joining me today thanks Charlotte once again pleasure to have you before we start talking about 2018 can you tell me what you thought about last year I was it for the reason it was a pretty good year commodities a... Read More

Key Insights

• 🉐 2017 was a successful year for the commodities industry, with zinc, copper, and uranium experiencing gains.
• 🏅 Platinum is undervalued compared to gold and palladium, making it an attractive investment option.
• ❓ Trilogy Metals, Integra Resources, Eagle Plains, and Columbus Gold are companies that could be worth considering for investment in the commodities industry.
• ™️ Thinly traded stocks, such as Integra Resources and Legion Gold, require caution and should be approached with a strategy of waiting for weakness before buying.
• 🌸 Tax loss selling in the stock market can provide opportunities for investing in undervalued stocks.
• 🇺🇸 Geopolitical factors, such as President Trump's policies, have had a positive impact on the mining industry in the United States.
• 🧑‍🏭 Geological expertise and successful track records are important factors to consider when evaluating mining companies.

Questions & Answers

Q: Why was 2017 a great year for the commodities industry?

In 2017, the commodities industry saw significant gains in zinc, copper, and uranium, making it one of the best performing sectors.

Q: Why is platinum considered undervalued compared to gold and palladium?

Platinum's value is historically low compared to both gold and palladium, indicating it is currently undervalued. This presents an investment opportunity.

Q: Which companies are worth considering for investment in the commodities industry?

Trilogy Metals, Integra Resources, Eagle Plains, and Columbus Gold are all promising options for investment in the commodities industry.

Q: What should investors keep in mind when considering thinly traded stocks?

It is important not to chase after thinly traded stocks. Instead, investors should look for weakness and wait for an opportunity to buy.

Summary & Key Takeaways

• 2017 was a successful year for the commodities industry, with zinc, copper, and uranium all experiencing gains.

• Platinum is undervalued compared to gold and palladium, making it a promising investment option.

• Trilogy Metals, Integra Resources, Eagle Plains, and Columbus Gold are companies worth considering for investment.