- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Existing-Home Sales Jump To Highest Level in 2-1/2 Years
- Paul: Audit the Fed
- Wave of Debt Payments Facing US Government
- Start-Up Proves Everything Really Is Better With Bacon
- TV Retailer QVC Joins 'Black Friday' Frenzy
- S&P Stocks Trading at New 52-Week Highs
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- Madoff—The Holiday Drink
- China Asks Its Banks to Slow Down
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Investors May Skew Housing Reality
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- Are Crazy Retail Deals Good for Business?
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- Madoff—The Holiday Drink
- Why the Dollar Will Likely Stay Weak for Some Time
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
- How Real Estate Investors Skew Housing's Reality
- Even Buffett's Huge Fame Can't Help the Name 'Warren'
- Wave of Debt Payments Facing US Government
- JPMorgan's Dimon Could Succeed Geithner: Report
- Suze Orman’s 'A Healthier, Wealthier You'
- Maria Blog: Are Crazy Retail Deals Good for Business?
- Latest Holiday Drinks: The Madoff...and the TARPatini
RSS FEED
CNBC Stock Blog
Text Size 
This post is the first of a weekly series written by ETF Trends editor Tom Lydon.
What do silver, gold and platinum have in common (besides the obvious)?
The answer: they’re all experiencing a renaissance, thanks to a growing flight to quality by nervous investors. While gold is the obvious choice for safe-haven investing, silver and platinum are showing signs of worthiness, too.
Investment Ideas - ETFs:
- SPDR Gold Shares [GLD
Loading...
()
] is up 15.4% in the last month
Gold is the go-to investment for safe-haven buying — it’s where nervous investors seem to turn first, and it’s responsible for the metal’s record price above $1,000 in March 2007.
Blame the economy for the continuing rush: we’re seeing no end of gloomy news that’s putting a smile on gold investors’ faces. So many investors are fleeing to gold, in fact, that holdings in GLD surpassed 1,000 tons for the first time ever, says the latest data.
Gold demand has been at historic highs of more than $100 billion since 2008 on industrial, investment and jewelry demand.
- iShares Silver Shares [SLV
Loading...
()
] is up 25.9% in the last month
Silver has enjoyed a renaissance of late, as the price has rallied in the last four weeks. It has rallied up 25.9% in the last month alone, a sign that nervous investors are still looking for tangible investments.
Although the price of silver is rising four times faster than the price of gold, an ounce of silver costs $14, a lower absolute price than it was 30 years ago.
Some analysts feel that silver, the “poor man’s gold,” is a good complement to gold exposure, as well. Gold is rapidly becoming more expensive again; a signal to investors that silver could be poised for an even bigger price bump
- E-TRACS UBS Long Platinum [PTM
Loading...
()
] is up 14.4% in the last month
Platinum is at its highest price level since September, even though industrial demand is still weak. Analysts say gains are a spillover from gold buying and on hopes that the auto industry will rebound. If the auto industry is saved and sales pick up, platinum could see a serious rally because of its use in catalytic converters.
_____________________________
Tom Lydon is the editor of ETF Trends and author of iMoney: Profitable ETF Strategies for Every Investor.
Data is a real-time snapshot *Data is delayed at least 15 minutes