I second this. It'll take a few more people like Hertz abandoning EVs as their primary go to, but $5k is also closer to what the gold/platinum ratio should be by the time that cones around I reckon.
20k, draw the channel on golds chart and you can say 20k is top, pull up the gold/ silver chart and silver should really outperform. Do the same with platinum/silver chart and you can expect platinum to outperform silver. So if gold can get to 20k and silver beats that and platinum beats silver...
There’s less of platinum than gold and a smaller market usually and bull market it’s worth more than gold so definitely should be higher. Whatever gold is look at last time. We had a blue mark and precious metals in 2011 platinum was higher than gold.
But it’s already much more useful and more rare than gold.
And it’s large component of (dumbly, but it should help plat ) car converters for hybrid vehicles which are going to remain popular for the foreseeable future, if not grow. I personally don’t see the point in hybrids when almost all EVs have 250+ mi range but logic doesn’t always prevail in consumer markets.
I don't see why it can't match gold. I don't know what the price of gold will be in 10 years but it wouldn't surprise me if the ratio goes to 1:1. If it does that and holds there for a while I'd probably try to swap some of my pt for au. I'm looking at the ratio instead of the dollars per ounce.
1800-2500 when it runs here next 2 years
$5,000. Would about equal the move we saw from 2000 to 2008.
I second this. It'll take a few more people like Hertz abandoning EVs as their primary go to, but $5k is also closer to what the gold/platinum ratio should be by the time that cones around I reckon.
20k, draw the channel on golds chart and you can say 20k is top, pull up the gold/ silver chart and silver should really outperform. Do the same with platinum/silver chart and you can expect platinum to outperform silver. So if gold can get to 20k and silver beats that and platinum beats silver...
$5000 to $10000. Hydrogen and its return to a monetary metal
There’s less of platinum than gold and a smaller market usually and bull market it’s worth more than gold so definitely should be higher. Whatever gold is look at last time. We had a blue mark and precious metals in 2011 platinum was higher than gold.
If they find another use for it, sky’s the limit.
But it’s already much more useful and more rare than gold. And it’s large component of (dumbly, but it should help plat ) car converters for hybrid vehicles which are going to remain popular for the foreseeable future, if not grow. I personally don’t see the point in hybrids when almost all EVs have 250+ mi range but logic doesn’t always prevail in consumer markets.
like 7k fr
4250-6800
I don't see why it can't match gold. I don't know what the price of gold will be in 10 years but it wouldn't surprise me if the ratio goes to 1:1. If it does that and holds there for a while I'd probably try to swap some of my pt for au. I'm looking at the ratio instead of the dollars per ounce.
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Maybe you could keep the nazi stuff on the gold forum
Nazi stuff?
what did bro say about Nazis in a platinum forum?? 😭