Platinum - anyone else seeing an opportunity here or am I crazy?

William Davis

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Platinum - anyone else seeing an opportunity here or am I crazy?

william_davis💎Premium (500k-1m)

about 8 hours ago

Key Takeaways

•I'm down here in Dallas, spent my career in oil, so I've always got a feel for the commodity markets.
•Lately, I've been looking at platinum and thinking...
•well, is this thing incredibly undervalued right now, or am I just looking for the next big score?

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Been in the gold game for a good 15 years now, started really diving in after the '08 crash, and I've got a decent chunk of my portfolio (sitting around $700k right now) tied up in various precious metals, mostly physical gold and some silver too. I'm down here in Dallas, spent my career in oil, so I've always got a feel for the commodity markets. Lately, I've been looking at platinum and thinking... well, is this thing incredibly undervalued right now, or am I just looking for the next big score?

Used to be that platinum traded at a premium to gold, and a significant one at that. Now, it's trading at such a discount, it almost feels like a no-brainer. I know the automotive industry's shift to EVs and the palladium substitution have hit it hard, but is that all there is to it? We're talking about a metal that's rarer than gold, with significant industrial demand beyond catalytic converters. Are the current prices just factoring in the absolute worst-case scenario for platinum demand?

I'm contemplating taking a small portion of my gold gains and diversifying a bit into physical platinum for my IRA. Not looking to bet the farm, but a 5-10% allocation seems reasonable if there's upside potential here. Anyone else on this sub feeling the same way about platinum? Or am I missing some critical piece of information that makes it a less attractive long-term hold than it appears? Would love to hear some other perspectives, especially from folks who watch these markets closely.

5 comments

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Best Answer▲ 10 upvotes

david_brown💎Premium (500k-1m)

Hey, super interesting post! You mentioned being in the "oil game" for your career – does that background give you any specific insights or a different perspective on platinum's industrial demand compared to gold or silver? Curious if your industry knowledge plays into how you're seeing this opportunity.

Comments (5)

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

Totally get where you're coming from on this. I've been eyeing platinum too, but for different reasons. Got into palladium a while back after seeing a similar trend – everyone was focused on gold and silver, and palladium felt like a sleeper that was undervalued. Ended up doing pretty well with it. Platinum feels like it's in that same "everyone's overlooking it" boat right now, especially with the industrial demand potential. Not sure it'll explode like some people hope, but it definitely feels like there's an opportunity for some solid, steady growth.

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

joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verified•less than a minute ago

Totally get the appeal of platinum, especially with its industrial uses. It *feels* like it should be doing more, right?

But honestly, when it comes to the "store of value" argument for a Gold IRA, platinum just doesn't have the same historical track record as gold. Its price can be way more volatile, and for retirement savings, that's something to seriously consider. Gold's stability over centuries is a huge part of its attraction for long-term holds. Just something to weigh against that potential upside.

ruth_perez📊Growing (50-100k)•less than a minute ago

Interesting thought on platinum! It definitely feels like it's been the overlooked sibling in the precious metals family for a while. One thing I've found super helpful when looking at these kinds of plays is to not just check the spot price, but also dig into the supply/demand forecasts for industrial use. That can give you a better long-term perspective beyond just investment demand.

For anyone else curious, Kitco has some pretty decent reporting on platinum's industrial applications and future outlook that's worth a read. Good luck!

michael_anderson🏆Advanced (250-500k)Real Investor•less than a minute ago

Totally agree, OP. I've been eyeing platinum too. Started looking at it seriously a few months back when the gold/platinum ratio got this wild. My portfolio is a bit smaller than yours, around $200k in metals, but I've been slowly increasing my platinum allocation from like 2% to 8% recently. Feels like a no-brainer with the current disocunt to gold.

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