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An investment in platinum is a way to bet on growth in global industry. Are Platinum Investments a Hedge on Weak US Dollar? Platinum is similar to many commodities in that it generally moves in an inverse relationship with the US dollar. This makes platinum investing a way to profit from the detrimental effects of a weak dollar.
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The simplest way to make the bet is the Aberdeen Standard Physical Platinum Shares Fund (PPLT). This simple fund holds a stockpile of platinum and tracks the moves in the metal. Given today's setup, a double-digit rally is possible. And that makes PPLT a fund to consider now. Good investing,