2021 price forecast, and Pt to silver ratio
https://investinghaven.com/forecasts...QJOvOnWewK9xyg
2021 price forecast, and Pt to silver ratio
https://investinghaven.com/forecasts...QJOvOnWewK9xyg
Now back to 1.94:1 Gold to Platinum ratio, good time to trade between these PM's in paper form. Trade back starting at 1.75:1.
It's one way I've been making these rocks grow -- then convert profit into something real.
Anyone in this community still doing the ratio trades? Where has everyone gone? Cyber?
“Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)
ratio unchanged at ~1.95 but now premium for 1 oz Pt is less than 40 oz Ag or 1/2 oz Au.
Time to stack Pt?
Last edited by yellowsnow; 03-25-2022 at 09:52 PM.
2 platinum eagles for 1 gold eagle whats up with that? Could a short squeeze appear with platinum as in nickel?
Carbon belching beast manufacturing being reduced at an unprecidented level so we dont need as much platinum to reduce emission.
Last edited by vertical1; 03-26-2022 at 09:08 AM.
Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”
I am new here, from the gold forum, and never touched Platinum.
At this price however, seeing this gold to plat ratio, I tend to think that it could be a good opportunity to buy platinum. Physical platinum. Do not know if it will loose a few hundred more dollars, but I tend to think that we touched the extraction cost of this precious metal.
Your advice ? For the 100g bar : spot + 10% margin + 7.8% VAT here in Switzerland.
I hesitate a lot between CFD (with a good margin) and physical metal... but i know deep inside that I will probably choose the latest. A read a few articles about the fact that gold has a "monetary value", whereas platinum does not, hence avoid platinum. But at this price..
Thanks !
Last edited by gr33n; 03-29-2022 at 08:49 AM.
With gold to platinum ratio hitting 2:1 today, I've traded more gold etf for platininum etf (SGOL to PPLT). I'm not going to wait to trade back when the ratio reaches parity, rather this recent trade is for some shorter term trading, will trade back at 1.76:1 and under. I have lots of platinum in reserve for long term, just think 2:1 is a ratio sure to get better near future, so almost certainly I'll see my PM based holding grow faster than inflation (if no real profit, no reason to trade).
“Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)
At 2.08:1, good day to trade more gold for platinum (1944 vs 933).
“Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)
Motocat:
If you had 100 ounces of platinum in your hands, would you sell them to buy paper platinum?