Anyone else looking at platinum right now?

• •I've been kicking around the idea of adding some platinum to my metals allocation, and curious to hear if anyone else is thinking the same.
• •I've got a decent chunk in physical gold through my IRA – probably around 8% of my total portfolio, which for me is a comfortable seven-figure sum.
• •It made the whole process way less of a headache than I expected, honestly.

I've been kicking around the idea of adding some platinum to my metals allocation, and curious to hear if anyone else is thinking the same. I've got a decent chunk in physical gold through my IRA – probably around 8% of my total portfolio, which for me is a comfortable seven-figure sum. Been building that up steadily over the past 5-6 years, mostly through a direct trustee-to-trustee transfer of old 401ks that were just sitting around doing nothing productive. For anyone else in a similar boat, the Eligibility Checker at Gold IRA Blueprint is a pretty slick way to see if your old retirement accounts qualify for a rollover. It made the whole process way less of a headache than I expected, honestly.

My gold position is primarily a hedge, obviously, but I'm starting to eye platinum for more of a value play. The supply-demand dynamics seem pretty compelling, especially with all the talk about hydrogen fuel cells and increased industrial demand coming out of Asia. Feels like it’s been lagging gold for a while, and the discount is getting pretty wide.

Am I crazy for thinking it’s undervalued, or are others seeing the same opportunity? What are your thoughts on allocating to platinum within a broader precious metals strategy? Any particular refiners or forms (coins vs. bars) people prefer for platinum?

I typically hold my metals long-term, so short-term volatility isn’t a huge concern, but I'm always interested in hearing different perspectives from other serious investors. Especially interested if anyone here has direct experience with platinum performance in their own portfolios.