Platinum - anyone else looking at it seriously right now?

Mark Adams

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Platinum - anyone else looking at it seriously right now?

mark_adams👑Elite (1m-5m)

about 8 hours ago

Key Takeaways

•I mean, the industrial demand is only going to grow, especially with hydrogen tech and the push for cleaner energy.
•And compared to gold, it just feels like there’s so much more upside potential right now.
•My current allocation towards metals is pretty heavily skewed towards gold and silver, mostly in physical form, some in a Gold IRA.

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I’ve been eyeing platinum pretty closely for a few months now, and I’m wondering if anyone else in the community feels like it’s seriously undervalued given the current macro climate. I mean, the industrial demand is only going to grow, especially with hydrogen tech and the push for cleaner energy. And compared to gold, it just feels like there’s so much more upside potential right now.

My current allocation towards metals is pretty heavily skewed towards gold and silver, mostly in physical form, some in a Gold IRA. I’m sitting on about 10-15% of my 3M portfolio in precious metals, roughly 2M of that in physical gold stored securely. Originally, I bought into platinum back in '08 as more of a speculative play, but I lightened my position years ago when it felt like the shine was coming off. Now, though, with the automotive industry potentially turning a corner and the supply constraints from South Africa, it feels different. I'm based in Greenwich, and a few of my colleagues in the hedge fund world are quietly building positions too, which just further solidifies my interest.

I’m not looking to dump my gold holdings or anything, but I'm considering rebalancing a bit to get maybe 5-10% of my metals allocation into platinum. I usually use tools like "Silver vs Stocks" at https://silvervsstocks.goldirablueprint.com/?period=10Y to benchmark my silver performance against the broader market, but with platinum, it's a bit harder to find those direct comparisons. I'm primarily looking at physical bars, maybe some Eagles or Maples if the premiums aren't too wild.

What are your thoughts? Am I missing something obvious here, or are others seeing the same potential for a significant run-up? Any specific refiners or dealers you'd recommend for larger platinum purchases?

5 comments

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Best Answer▲ 10 upvotes

brian_edwards🌟Ultra (5m+)

Totally! Platinum's been on my radar too, especially with the EV transition potentially boosting demand for catalytic converters and hydrogen fuel cells. It's a fascinating play right now.

For anyone else digging into platinum, I found this Sprott Money article on platinum's undervaluation pretty insightful. It breaks down some of the industrial demand drivers really well.

Comments (5)

james_wilson👑Elite (1m-5m)Real Investor✓ Verified•less than a minute ago

Dude, totally. I'm with you on this. My dad actually bought a bunch of platinum coins back in the early 2000s, and it's been interesting to watch its performance over the years. Feels like a similar vibe right now where it just seems… overlooked. Definitely keeping a close eye on it too.

donald_nelson💎Premium (500k-1m)Real Investor✓ Verified•less than a minute ago

Interesting thought! When you say it's "seriously undervalued given the current macro climate," are you thinking more about its industrial applications, or is there a specific economic indicator you're looking at that makes you feel this way about platinum right now?

timothy_reed💎Premium (500k-1m)Real Investor•less than a minute ago

I get the appeal of platinum, especially with the industrial demand narrative, and it definitely has its moments. But honestly, I'm a bit more bearish on it compared to gold and silver for a long-term IRA play. The price volatility seems a lot higher, and while the industrial use is there, it's also more susceptible to economic downturns when that demand dips.

I've always viewed platinum as a bit more of a speculative bet within the precious metals sphere, rather than a foundational hedge like gold. For an IRA, I tend to lean towards stability and proven long-term value, and platinum just doesn't quite hit that mark for me as strongly as the others. Just my two cents!

brian_edwards🌟Ultra (5m+)Real Investor✓ Verified•less than a minute ago

Totally! Platinum's been on my radar too, especially with the EV transition potentially boosting demand for catalytic converters and hydrogen fuel cells. It's a fascinating play right now.

For anyone else digging into platinum, I found this Sprott Money article on platinum's undervaluation pretty insightful. It breaks down some of the industrial demand drivers really well.

christopher_young🌟Ultra (5m+)Real Investor✓ Verified•less than a minute ago

Totally agree! I've been thinking the exact same thing. Platinum feels like such a sleeper pick right now. I actually just picked up a 1oz Canadian Platinum Maple Leaf from a reputable dealer for pretty much spot + a small premium. Felt like a no-brainer given where we're at.

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