Platinum as a value play? Anyone else looking into this?

• •It's trading at such a discount to gold, and historically, that's just not been the norm.
• •I remember back in my early startup days, platinum was often more expensive than gold—sometimes significantly so.
• •The industrial demand angle combined with its rarity just screams potential.

So, I've been doing a deep dive into the precious metals market again, and honestly, after selling my tech company back in '21 and pouring a good chunk of that into physical gold (which has been an absolute godsend for preserving capital – seriously, Dublin real estate felt like a speculative side hustle compared to that move), I'm now looking at platinum.

Gold's done its job shielding my portfolio, and I've got a seven-figure sum locked into that, but I can't shake the feeling that platinum is severely undervalued right now. It's trading at such a discount to gold, and historically, that's just not been the norm. I remember back in my early startup days, platinum was often more expensive than gold—sometimes significantly so. The industrial demand angle combined with its rarity just screams potential. Am I looking at this with rose-tinted glasses, or is there a genuine opportunity here for significant appreciation over the next 5-10 years? I'm thinking of allocating maybe 5-10% of my current precious metals holdings towards platinum.

I know the automotive industry's shift to EVs is a concern for some, but catalytic converters aren't going away overnight, and there are other industrial uses. Plus, jewelry demand seems pretty steady. I’ve been running some projections with a few different scenarios, and it's making me consider pulling the trigger. Anyone else in a similar boat, perhaps looking at it as a long-term inflation hedge or just a pure value play? What are your thoughts on its potential given the current economic climate?

By the way, for anyone planning their retirement, I found a pretty solid tool called Retirement Planner. It helped me visualize different gold allocation strategies in my portfolio and how they impacted my projected retirement income. Might be useful if you're trying to figure out how precious metals fit into your overall long-term strategy, especially when considering diversification beyond just gold.