Platinum - anyone else looking at this? Gold-to-platinum ratio is *nuts* right now.
- •Hey guys, been thinking a lot about the gold-to-platinum ratio lately.
- •For those who aren't constantly staring at charts like me, it's currently something like 2:1, meaning platinum is trading at half the price of gold.
- •Historically, it's usually the other way around, or at least much closer to 1:1.
Hey guys, been thinking a lot about the gold-to-platinum ratio lately. For those who aren't constantly staring at charts like me, it's currently something like 2:1, meaning platinum is trading at half the price of gold. Historically, it's usually the other way around, or at least much closer to 1:1. Makes you wonder if platinum is seriously undervalued right now, right?
I've got a decent chunk of my retirement in a Gold IRA – about $80k split between various gold coins and a few silver bars. Been an agri-businessman my whole life here in Fresno, and I've always believed in tangible assets, stuff you can hold. You can't eat stocks, but you can feel the weight of gold, you know? My advisor mentioned we could diversify into platinum, and with these prices, it's definitely got my attention. It's not just the industrial demand, but the scarcity compared to gold, and the potential for a rebound. I don't want to miss out on a big swing if it's coming.
On a related note, for any newbies here, or even those who just want to double-check their options, I recently used the Eligibility Checker over at https://eligibility.goldirablueprint.com/. It was super helpful for confirming what I already knew about my existing 401k's rollover potential, but also gave me a good clear picture of what options were actually open to me for a precious metals IRA. Worth a look if you're exploring this.
So, what are your thoughts? Is anyone else seriously considering adding platinum to their precious metals IRA given the current gold-to-platinum ratio? Or am I just seeing what I want to see? Would love to hear from folks who have platinum in their portfolios – what's your experience been like, and what made you decide to buy in?