At the same time supplies are dwindling, demand is taking off. Let’s do the math: Supplies are down 4% and demand is up 8%. And this situation has been building. We are in the seventh year where demand has outstripped supply (373 metric tons per year), and with 2.5 billion new friends in China and India this equation will get even tighter. They want to be mobile, and they need cars.

Platinum, called the “anti-smog” metal, is used in catalytic converters on cars and trucks. As demand for cars goes up, so, too, does the demand for platinum.

It is also integral to fuel cell technology and used in the electronics and the medical field.

Here’s the stock set to take advantage of this situation: AngloAmerican (AAUK:NASDAQ), the world’s largest producer of platinum. As platinum prices tick up towards $2,500 an ounce, AngloAmerican will reap the rewards.

And so can you… Just don’t wait for the stock to move 50% in the months ahead.

Sally Limantour

Editor, Taipan

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Source: Ultimate Bottleneck Sends Prices Soaring