Platinum in a Gold IRA - is it undervalued or a trap?

Totally get where you're coming from with the platinum question. I actually dabbled a bit in platinum in my IRA a few years back, maybe 2019 or so? I'd read a bunch of stuff suggesting it was super undervalued compared to gold at the time. Honestly, it was a pretty small allocation and I ended up selling it when gold started its big run. Didn't make a huge profit, but didn't lose anything either. It felt more like a speculative play than a core holding for me, but it's interesting to see the chatter picking up again!

Interesting question! When you say "chatter lately, even offline," what kind of chatter are you hearing? Is it mostly about industrial demand, or specific geopolitical factors, or something else entirely?

Interesting thought process, given the recent platinum buzz. While I totally get the appeal of diversification and "getting in early" on something potentially undervalued, I'm a bit more cautious when it comes to IRAs specifically.

My take is that for a *retirement* account, especially one focused on precious metals for stability, I'd stick to the tried and true. Gold and silver have a long, undeniable history as stores of value and haven't seen the wild swings platinum has. Platinum's industrial demand often makes it a bit more volatile, which might not be ideal for something you're hoping will be a rock-solid foundation for your golden years. Just something to consider!

Hey, interesting question! Platinum *does* have some unique industrial demand that gold doesn't, which can make it an intriguing option. One thing I'd definitely recommend looking into is the spread on platinum vs. gold/silver with your custodian. Sometimes the buy/sell premium can be a bit wider for platinum, which can eat into your returns.

You might find this article on diversification within precious metals IRAs helpful: https://www.investopedia.com/gold-ira-5079149 It touches on platinum and palladium too, not just the usual suspects. Good luck with your research!

Totally agree with you on the increasing platinum chatter! I've been seeing it everywhere too, not just online. For me, I actually diversified into platinum in my SDIRA about a year and a half ago. Didn't go crazy, but put about 15% of my precious metals holdings into it. Honestly, no regrets so far. It hasn't boomed or anything, but it's held its own and adds a bit more balance to my portfolio beyond just gold and silver.