PLATINUM 0.72% $840.00 platinum futures

Time to get back in ETPMPT, page-37

  1. 62 Posts.
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    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.

 
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