Platinum - anyone else seeing a buy signal, or am I crazy?

Catherine Bell

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Platinum - anyone else seeing a buy signal, or am I crazy?

catherine_bell🏆Advanced (250-500k)

3 months ago

Key Takeaways

•It feels like we're way past due for some sort of correction or breakout, doesn't it?
•I’ve got about 300k tucked into my Gold IRA, mostly physical gold and some silver, which has been great for generational wealth preservation.
•But I'm starting to seriously consider diversifying a chunk of that into platinum within the IRA.

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Been tracking platinum for a while now, and with gold doing its thing, I can't help but feel like platinum is just… sitting there, severely undervalued. My family’s been in timber for generations up here in Spokane, so I'm used to thinking in really long cycles, and I look at the gold/platinum ratio and just scratch my head. It feels like we're way past due for some sort of correction or breakout, doesn't it?

I’ve got about 300k tucked into my Gold IRA, mostly physical gold and some silver, which has been great for generational wealth preservation. But I'm starting to seriously consider diversifying a chunk of that into platinum within the IRA. The industrial demand, especially with the push for hydrogen fuel cells and auto catalysts, seems like it's only going to increase dramatically over the next decade or two. That, combined with limited supply, just screams "future value" to me.

Am I biased because I want to see platinum take off? Maybe. But the fundamentals seem so strong. Is anyone else in a similar boat, eyeing platinum aggressively right now? What are your thoughts on allocating something like 10-15% of a precious metals IRA portfolio to it? Or am I missing some critical downside here that everyone else is seeing?

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7 comments

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Best Answer▲ 15 upvotes

mark_adams👑Elite (1m-5m)

My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

Comments (7)

matthew_murphy👑Elite (1m-5m)Real Investor•3 months ago

Not crazy at all! I'm in a different industry, but I've been feeling the same way about platinum. My family's in agriculture, and it's the same kind of long-game thinking. Gold is shiny, but sometimes the real value is in what's being overlooked. Been considering a small position myself, curious to see what others think.

brian_edwards🌟Ultra (5m+)Real Investor✓ Verified•3 months ago

Interesting take! When you mention the gold/platinum ratio, what specific ratio are you looking at, or what number would make you think platinum is a solid buy?

donald_nelson💎Premium (500k-1m)Real Investor✓ Verified•3 months ago

Interesting take, OP. I can see why you'd be looking at platinum with the gold ratio where it is. But "severely undervalued" might be a strong phrase right now. There's a decent amount of industrial demand tied to platinum, especially in auto catalysts, and that's not exactly booming with the EV transition. Are we sure those long cycles you're used to in timber translate directly to precious metals in the same way?

I'm not saying it won't pop, but the underlying fundamentals feel a bit shakier than just the gold ratio alone. Just a thought!

andrew_roberts👑Elite (1m-5m)Real Investor✓ Verified•3 months ago

Hey, I hear you! The gold/platinum ratio is definitely something to watch right now. If you're looking for another angle, beyond just the historical ratio, you might want to check out some of the industrial demand forecasts for platinum. Catalytic converters are the big one, but there's also a lot happening in hydrogen fuel cells that could really shake things up. The World Platinum Investment Council (WPIC) website is a great resource for that kind of info. Always good to diversify your research!

charles_lewis💎Premium (500k-1m)Real Investor•15 days ago

Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.