Feeling Anxious About Platinum - Anyone Else?

• •I've been watching the platinum market closely lately, and I can't help but wonder if it's undervalued right now.
• •We put about $75,000 into a Gold & Platinum IRA, with a decent chunk of that in platinum, mostly for the industrial demand narrative.
• •Lately, though, with all the talks about EVs and how that might impact demand for catalytic converters, I'm just… antsy.

I've been watching the platinum market closely lately, and I can't help but wonder if it's undervalued right now. My financial advisor in Raleigh suggested diversifying into platinum a few years back, and it felt like a smart move at the time – especially wanting to protect the legacy my late husband worked so hard for. We put about $75,000 into a Gold & Platinum IRA, with a decent chunk of that in platinum, mostly for the industrial demand narrative.

Lately, though, with all the talks about EVs and how that might impact demand for catalytic converters, I'm just… antsy. I know platinum has other uses, but that one feels like the big one. I'm not looking to make a quick buck, but I also don't want to see a significant portion of what we built erode away. Is anyone else in a similar boat, feeling a bit uncertain about platinum's future performance?

I've been trying to educate myself more, spending a lot of time on the Learning Center. It's got some great resources on precious metals, and I've found their stuff on platinum production and demand quite insightful, even if it doesn't give me a crystal ball. My concern is more about the long-term outlook – are we looking at a sustained lower demand, or is this just a dip before a resurgence?

What are your thoughts on platinum's current valuation? Do you think the market is underestimating its other applications, or are the headwinds from the automotive sector too strong to ignore? Any insights or experiences, especially from those with a similar long-term perspective, would be incredibly helpful.