Do you think Platinum shall surge higher like Gold and Silver?
Currently, I feel Platinum is very much undervalued as compared to Gold.
The rise in metal prices is due to uncertainty over expected movement in reserve currency status. Once that uncertainty clears, the price of gold/silver and all metals will crash. History is replete with examples. Silver peaked not once but twice - once in 70's and then again in 08'. Same thing with platinum. gold saw a peak in 80. between 80 to 2006, the prices were in range.
Gold and stock market have been inversely related. If metal price goes up, market falls. Not this time. Both are in the same direction. Meaning, the reserve banks are planning some thing. The Brenton wood agreement in the 70s, lead to the rise & dramatic fall in prices. the 08' crash again led to the same. This gold price is not sustainable. its purely speculative. Why? jewelers are now complaining about lack of physical gold in the market. Some one is hoarding it. Gvmts do not like hoarders. When they hoard, they will like to cash in at some point. Japan showed similar behavior in the 80s'. Markets/Real estate, peaked in late 80. the fall from that peak was so dramatic, you can find documentaries in YT. it has reached the same level in 2025 - After a solid 35 years.
Any body holding Real estate as investment, this is your last exit call.
I just wanted to ask one more thing, if we want to buy platinum how, we can? There is no platform where it is directly traded
We got overwhelming number of votes.
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Hopefully we can come back to this post, probably after 2-3 months and see who got it right. The 'yes' sayers or the 'nah's.
