Trader Sees Potential on Platinum

CNBC reported that Mercbloc president, Dan Dicker, considers platinum a “sleeper metal” due to its increased demand in the auto industry.

As quoted in the market news:

“It is my sleeper bet for 2013,” said Dan Dicker in an interview on CNBC’s “Squawk Box.” “It’s a real industrial metal. It’s in very short supply. It’s had a very steady run. It’s under-traded, under-owned and one of those industrial metals. It’s one of those sleeper metal plays that you can make.”

Click here to read the full CNBC report.