Platinum & Palladium vs Gold & Silver - Mike Maloney with Jeff Clark

Platinum and palladium are both precious metals, just like gold and silver, because their occurrence in the earth's crust is rare.

In fact, platinum is actually more rare than gold.

So why doesn't GoldSilver sell them?

It has to do with their uses, and their status as a safe haven. Here's what you need to know before investing in these metals...

Are Platinum and Palladium "Investment" Metals?

Platinum (Pt) and palladium (Pd) are part of the Platinum Group Metals (PGMs). They're both silvery in color; in fact, platinum's name is derived from the Spanish term platina, which means "little silver."

Given their unique chemical makeup, these metals are used almost exclusively in industrial applications, particularly in catalytic converters to reduce pollution from vehicles. Platinum is more often used in diesel engines, while palladium is used more in gasoline engines.

Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr. Maloney has been a precious metals investor advisor to "Rich Dad" founder Robert Kiyosaki. A student of economics, Mike is regarded as an expert on economic cycles and capitalizing on the opportunities they afford.

Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsletter from Doug Casey's Casey Research. Having worked on his family's gold claims in California and Arizona, and analyzing the big trends in gold's bull market, Jeff and his team aim to highlight safe and profitable ways for the prudent investor to capitalize on today's long-term rise.