Platinum - Is anyone else looking hard at this right now?

Ronald Morris

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Platinum - Is anyone else looking hard at this right now?

ronald_morris👑Elite (1m-5m)

about 2 months ago

Key Takeaways

•My Gold IRA, which holds a comfortable 15% of my total 4.2M portfolio, has performed admirably, certainly living up to its role as a bedrock.
•But I'm always looking for that next strategic move.
•It wouldn't disrupt my core strategy, but it feels like a calculated risk based on global shifts.

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I've been thinking a lot about platinum lately, and it feels like it's getting overshadowed by gold and even silver, especially with all the buzz around the yellow metal this past year. For those of us with a significant portion of our portfolio already in precious metals for diversification and inflation hedging, platinum seems like a sleeping giant. I remember back in '08, when I was still on active duty, the price volatility was wild, but the current industrial demand coupled with the supply constraints in South Africa just feels like a recipe for a significant upside. It’s not just about the PGM group; the increasing focus on hydrogen infrastructure and fuel cells really seems to be setting platinum up for a resurgence beyond just autocatalysts.

My Gold IRA, which holds a comfortable 15% of my total 4.2M portfolio, has performed admirably, certainly living up to its role as a bedrock. But I'm always looking for that next strategic move. I've been considering allocating a small percentage, maybe 1-2%, of my overall holdings into physical platinum bars, outside of the IRA, as more of a speculative play. It wouldn't disrupt my core strategy, but it feels like a calculated risk based on global shifts. I know some of you are probably deeply entrenched in the industrial metals market.

Are any of you fellow Gold IRA investors or precious metals enthusiasts in general considering platinum as a serious addition right now? Or do you see current pricing as fairly valued, even with the industrial demand? Curious to hear some real-world perspectives on this. Living here in Virginia Beach, I've had more than a few conversations at the club about economic outlooks, and platinum rarely comes up, which makes me wonder if it's truly flying under the radar or if I'm overly optimistic.

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5 comments

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Best Answer▲ 10 upvotes

ruth_perez📊Growing (50-100k)

Totally get this. I've been eyeing platinum too, but for a slightly different reason. My jeweler mentioned how much more rare it is than gold for engagement rings, and it got me thinking about its industrial demand beyond just jewelry. It's definitely in gold's shadow, but that's what makes it interesting, right?

Comments (5)

steven_mitchell🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

Totally get what you mean. Platinum definitely seems to fly under the radar sometimes. What are your thoughts on its industrial demand vs. its role as a pure investment/store of value right now?

ruth_perez📊Growing (50-100k)•about 2 months ago

joyce_cooper📊Growing (50-100k)✓ Verified•about 2 months ago

Interesting thought! I can see the appeal of platinum given its industrial demand and relatively lower price compared to gold. However, I'm personally a bit warier of it as a *long-term* store of value, especially for an IRA. The industrial aspect, while a strength, also makes it more susceptible to economic downturns than gold, which tends to shine in those scenarios.

I feel like the "diversification within precious metals" argument can sometimes lead us a bit astray from the core purpose of a PM IRA, which for many is capital preservation during volatility. Gold's track record there is just so much more robust. But hey, I'm always open to hearing counterarguments!

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•about 2 months ago

Totally! Platinum often gets overlooked, but it's got some compelling industrial demand that gold just doesn't. Plus, the supply-demand picture could get interesting with the EV push (catalytic converters, fuel cells, etc.).

One thing I found super helpful when researching platinum was looking at the platinum-to-gold ratio. When it's low, it can signal a good entry point. Might be worth checking out if you haven't already. Good luck!

betty_king📊Growing (50-100k)•about 2 months ago

Agreed! I've been eyeing platinum too. Gold and silver get all the glory, but platinum's industrial demand and relative scarcity make it super interesting. I actually just picked up a 1oz coin last month – felt like a good entry point. Curious to see what others are thinking!

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