“What’s your favorite commodity right now?”
I asked International Speculator editor Dave Forest this question last Wednesday at the Legacy Investment Summit. We were taking in this view of the beach at the time:
Without hesitation, Dave replied “platinum.” He said:
Nobody’s talking about platinum. No one cares about it.
And for good reason. Just look at this 10-year chart of platinum:
You can see that it’s down 61% since its high in 2008.
Now, I realize that sounds like a reason to avoid platinum. But you should understand something about Dave.
Your bank certainly doesn’t want you to know about
In fact, hidden in its recent 10-K filing…
A major American bank warned its shareholders that their stock could go down because…
“Clients may choose to conduct business with other market participants who offer [these D1-z investments].”
• Dave is a contrarian…
Like Doug Casey, he likes to buy assets other investors want nothing to do with. This allows him to pick up world-class assets for dirt cheap… and ride them to huge gains once sentiment changes.
And platinum is easily one of the most hated assets on the planet right now… though it may not be for much longer.