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    Anyone else watching platinum prices like a hawk? Seems *super* cheap.

    Key Takeaways
    • For context, I'm sitting on probably north of $300k in the shiny stuff, all within a self-directed IRA.
    • My construction business here in Chicago keeps me busy, but I always have an eye on the markets, especially anything tangible.
    • Lately, though, I can't shake the feeling that platinum is just drastically undervalued.
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    Okay, so I've been heavily invested in gold for a while now – got a good chunk of my retirement in a Gold IRA, started stacking when things felt shaky a few years back. For context, I'm sitting on probably north of $300k in the shiny stuff, all within a self-directed IRA. My construction business here in Chicago keeps me busy, but I always have an eye on the markets, especially anything tangible.

    Lately, though, I can't shake the feeling that platinum is just drastically undervalued. I mean, it's typically been more expensive than gold, right? But now it's way down there, almost trading like a base metal sometimes. I know there's industrial demand and whatnot, but it just seems fundamentally off. Gold's been on a tear, silver's doing its thing, and platinum is just…chugging along. Is this a fluke, or are we looking at a long-term shift?

    I'm seriously considering diverting some new capital, maybe even rebalancing a tiny bit from my gold holdings, to pick up some platinum. Not a massive amount, but enough to make it meaningful if it does pop. I like having diverse tangible assets, and frankly, the price feels like a steal compared to its historical averages and relative to gold. Am I crazy for thinking this? Are there any industrial guys or commodity traders here who can shed some light on why it's so low? What am I missing?

    Anyone else bought platinum recently? What's your take? I'm talking about physical platinum, of course – thinking of adding some coins or bars to my vault, not just paper bets. Spill the beans, what are your thoughts?

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    Best Answer▲ 10 upvotes
    M
    michael_anderson🏆Advanced (250-500k)

    Interesting point about platinum! You mentioned you're "heavily invested in gold" – are we talking strictly physical in your Gold IRA, or do you also hold gold ETFs/mining stocks outside of that?

    Comments (5)

    7
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 month ago

    Right there with you on the platinum! I actually dipped my toes in a while back when gold was skyrocketing and platinum felt like the overlooked cousin. I didn't go as hard as your gold stack, but I've been pleasantly surprised. Definitely seems like it's got a lot of upside potential given where gold and silver are sitting. Always good to diversify the shiny stuff, right?

    10
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting point about platinum! You mentioned you're "heavily invested in gold" – are we talking strictly physical in your Gold IRA, or do you also hold gold ETFs/mining stocks outside of that?

    3
    gary_stewart📊Growing (50-100k)about 1 month ago

    I hear you on platinum being "super cheap" right now, and it's definitely interesting. But honestly, I'm a bit wary. "Cheap" can sometimes mean there's a reason nobody's rushing to buy, especially when looking at long-term retirement holdings. Gold just feels like the steadfast, reliable anchor, you know? Platinum has some industrial demand, which is great, but that also makes it a bit more cyclical and less of a pure safe-haven play in my book. Just my two cents as someone who values stability above all for my IRA.

    1
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    Definitely! Platinum's been on my radar too, feels like it's been undervalued for a while compared to gold and even palladium. It's interesting how its industrial demand often influences its price more directly than gold's safe-haven appeal.

    One thing to keep in mind, especially with IRA holdings, is to ensure any platinum you're considering meets the IRS fineness standards if you're looking to add it to your self-directed account. Most dealers who specialize in precious metals IRAs will be able to guide you on which products are eligible. Good luck and hope it pans out!

    9
    helen_turner💰Established (100-250k)Real Investorabout 1 month ago

    Totally agree! I've been eyeing platinum too. My Gold IRA is mostly gold and silver, but I picked up some platinum coins recently after seeing the gold/platinum ratio hit some crazy highs. It just felt like a no-brainer to diversify a bit while it's so undervalued. Good call!

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