PLATINUM 0.72% $840.00 platinum futures

Gold is starting to worry me at the moment. To much positivity....

  1. 62 Posts.
    lightbulb Created with Sketch. 21
    Gold is starting to worry me at the moment. To much positivity. I have bought more silver recently as the GSR is around 90.

    Platinum is a hard one...
    Politics says yes as the major suppliers are Russia (now allied with China & Iran vs USA) and South Africa ( 3rd world basket case).
    Long term industrial usage says no as EV Motor Vehicles seem to be the future not diesel/petrol.

    In my opinion gold is always a monetary metal and silver and platinum only become a "precious metal" in gold bull markets.Platinum is my 3rd choice of the three as Gold and Silver have a long history of being "money" where platinum does not.

    So I am open to platinum due to the ratio to gold at the moment but prefer silver.

 
watchlist Created with Sketch. Add PLATINUM (NYMEX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.