Anyone else looking at platinum right now? Thinking it's undervalued.

• •I’ve been heavily into a Gold IRA for a while now, probably have close to 20% of my total portfolio in physical gold, maybe around $150k-$200k worth.
• •The rest is split between some real estate, various tech stocks, and a few high-growth startups I’ve invested in through my network here in Austin.
• •Lately though, I’ve been looking beyond gold and silver.

I’ve been heavily into a Gold IRA for a while now, probably have close to 20% of my total portfolio in physical gold, maybe around $150k-$200k worth. The rest is split between some real estate, various tech stocks, and a few high-growth startups I’ve invested in through my network here in Austin. With all the market craziness over the last year or two – inflation fears, rate hikes, then recession talk – gold has been my bedrock, really helping me sleep at night when everything else felt like a rollercoaster.

Lately though, I’ve been looking beyond gold and silver. Platinum keeps catching my eye. It's been hovering around the $900-$1000 mark for a while, and it just feels... low. Historically, platinum has often traded at a premium to gold, or at least much closer. Now it’s at a massive discount. I know a lot of that is tied to industrial demand, especially auto catalysts, and the whole EV transition complicates that picture. But there's also the jewelry demand, and it's certainly a precious metal with limited supply.

Part of me wonders if the market is overestimating the speed of the EV transition's impact on platinum demand, or if there's an eventual rebound coming in other industrial sectors that could boost it. I’m not talking about putting all my eggs in this basket, but maybe a small allocation, say $20k-$30k, into a platinum IRA as a diversification play within my precious metals holdings. It just seems like there’s significant upside potential if it even just closes some of that gap with gold.

Anyone else in a similar boat, or have strong opinions on platinum right now? Am I missing something crucial that makes its current price perfectly rational, or is this a genuine undervalued opportunity for long-term holders? Would love to hear some other perspectives, especially from folks who watch these markets closely.