What is going on with Platinum?

J

Jake777

Anyone know what is going on with platinum?

also, can someone recommend a broker for trading commodities? I solely trade equities and index futures (have been for years), and I would like to know more about trading commodities. Maybe there's a good book to read?

thanks

Jake
 
Quote from Jake777:

Anyone know what is going on with platinum?

also, can someone recommend a broker for trading commodities? I solely trade equities and index futures (have been for years), and I would like to know more about trading commodities. Maybe there's a good book to read?

thanks

Jake
More...

All the industrial metals went up today - not just Platinum. Industrial demand is the short answer to your question.

You might try Lind-Waldock for a broker, if for no other reason than to be able to access their Global Reserch web site - doesn't get much better than that. Their commissions are not the cheapest around, but starting out that shouldn't be your primary concern.

As for books, there's stacks of them. A good one to start, IMHO, is "Winner Take All".

Hope this helps. - rcm
 
before you start trading platinum

try using a broker that offers mini gold / silver trading with low

commissions ( say $3-5 RT ) and test your skills small first

good luck
 
Jake we would be glad to show you E-mini gold and Silver on our system. The best way to trade is to trade electronically for all commodity markets.
 
Can anyone recommend a service where you can buy and sell silver bars and where they also store your metal? I am looking for a good dealer that also offers reasonable rates.

Ron
 
Thanks Banjo,

I find their comission for a buy and sell of 1000 oz totals about 6 1/2%. I was hoping to find a lower rate but maybe that is the going rate?? I have been a futures trader for awhile and this is a new one for me.

Comments appreciated.
 
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