There are times of crisis when people get short on cash and need to do something in order to make ends meet. This is why precious metals such as gold, platinum and silver make a good investment at any given time. If you want to either buy or sell such assets, you can find a comprehensive list of Westlake platinum dealers here.

Keith's Jewelry & Pawn Shop

729 Ryan St, Lake Charles, LA 70601

(337) 439-2470

Diamond Durrell's

224 W Prien Lake Rd, Lake Charles, LA 70601

(337) 477-7105

Cash America Inc Of Louisiana

3214 Gertsner Memorial Dr, Lake Charles, LA 70601

(337) 474-0875

Coastal Gold & Silver

496 W Prien Lake Rd, Lake Charles, LA 70601

(337) 477-7399

Collefctibles Inc

4670 Lake St, Lake Charles, LA 70605

(800) 735-2646

Southland Coins

4670 Lake St, Lake Charles, LA 70605

(337) 478-2646

All American Coins Inc.

2500 Maplewood Dr. Suite #2, Sulphur, LA 70663

(337) 802-0461

One Stop Gold Buyers #3

14354 Hwy165, Kinder, LA 70648

(337) 401-6888

L & L Coins & Collectibles

1922 Strickland Dr, Orange, TX 77630

(409) 330-7882

EZ Pawn

1100 N 16th St, Orange, TX 77630

(409) 886-4645

diamond are forever

1560 decatur st, orange, TX 77630

(832) 560-8188

Debbie's Gold Gem

1640 Texas Ave, Bridge City, TX 77611

(409) 735-6149

Gold Express

1310 N Main St, Vidor, TX 77662

(409) 769-0232

First American Exchange

1417 Magnolia Ave Ste C, Port Neches, TX 77651

(409) 853-1022

About Buying Platinum From Dealers

Platinum is a precious metal that you can buy on paper in the commodities market, or you can buy it in person from platinum dealers. However you buy platinum, there's no doubt that you can benefit from having it in your investment portfolio.

Investment advisers often recommend that you dedicate 9.5% of your portfolio in so-called hard assets, which includes precious metals like platinum, gold, and silver. Like gold, platinum can cushion your portfolio from inflation and the fluctuations in stock prices.

Platinum has intrinsic value, meaning that it has industrial uses, especially in the car industry where it is used for making diesel autocatalyst. Unlike gold, however, it can quickly change prices depending on the demand by the auto industry, and its accompanying supply (it is rarer than gold and silver). If you are a trader, you can definitely take advantage of this characteristic of platinum as a traded commodity.

However,  if you want to secure your portfolio, you need to buy hard platinum. Your best option is to buy platinum bars because you can get the lowest-priced per-troy ounce that way.

Like gold bars, you need to buy your platinum from a reputable platinum dealers – there are many counterfeiters out there, and you definitely don't want to become a victim.  A standard platinum bar is made of 10 troy ounces of this precious metal, at a purity of 0.9995. You can trade it, or have the dealer store it for you, or you could have it delivered to you.

Aside from bars, you could also buy platinum coins. They come with the same purity as the bars when you buy them from a reputable dealer, but only in smaller sizes.  There are two governments that mint these coins – the Canadian and the US government and they are treated as legal tender and are valued at the amount stamped on them.