Platinum Investment....as in Precious Metals

Recently advised my father in law to get into Platinum. 14 year historically low. 80% of South Africa production(i.e. shithole with usntable political environment) and it's 14 year historical low. Gold to platinum ratio is completely out of whack. If we hit a big correction, i.e. recession, it could go up to 1500-1800 easily by 2020.

He put in 50k in physical bar and I stand to gain 25% of gains if it pans out, which would be a nice "thank you" gesture. If doesn't pan out, he's just gotten himself a secure investment. All the talk of diesel dying out, is BS. Big transportation trucks aren't going anywhere(how else will you move heavy loads at an affordable price) and people are more and more in US getting into diesel. Not to mention this is the only precious metal that you cannot economically viablby counterfeited due to density being 21g/cm3, which is 10% more than tungsten(which is around $30/lbs). Gold can be counterfeited with tungsten having almost the same density.

He got in at average of $830/ounce(wish I waited to tell him till it dropped to 770s, but it's now back up to 830s again).