What Can We learn From This Platinum Chart:


Today we will take a look at chart of platinum,a precious metal and colleague of Gold and silver.

This chart is not contunuous but joins few points since 2008.

Platinum prices are in the units of USD/ Ounce.

dyerware.com
Platinum Prices (USD/Ounce).
07Jan20081559
18Feb20082169
17Mar1846
19May20082170
11Aug20081357
25Aug20081463
20Oct2008794
01Jan20091263
12Apr20101689
19July20101539
25Apr20111873
26Dec20111397
27Apr20121562

Just to focus on two points on the chart:

Date Prices(USD/Oz)
19th May 2008 2170
20th Oct 2008 794

Within period of 4 months there was a huge correction in platinum prices in 2008.

We don’t want to draw any conclusion but want to left it to readers…It may be about  importance of systematic investing,importance of entry level for wealth building or may be else.

 


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