Platinum looking mighty tempting right now – anyone else seeing this?
- •I’ve been heavily weighted in gold and silver for years – probably 70/30 across my physical and IRA holdings.
- •My portfolio is sitting north of $5M, and a good chunk of that, maybe $1.5M, is in precious metals.
- •Based out of Scottsdale, and I spend a lot of my time keeping an eye on market anomalies.
I’ve been heavily weighted in gold and silver for years – probably 70/30 across my physical and IRA holdings. My portfolio is sitting north of $5M, and a good chunk of that, maybe $1.5M, is in precious metals. Based out of Scottsdale, and I spend a lot of my time keeping an eye on market anomalies. Lately, platinum has been screaming at me. We're talking gold near all-time highs, silver doing its thing, and platinum is just... chilling. The gold/platinum ratio is insane right now, over 2:1. Historically, it's often been 1:1 or even platinum trading at a premium.
I’m an entrepreneur, so I’m always looking for that next opportunity to get in ahead of the curve. This feels like a huge value play, especially with the demand side from hydrogen fuel cells and continued automotive catalytic converter use. The supply is constrained, mining is difficult, and industrial demand seems poised for growth. It just feels so undervalued right now compared to everything else. I'm contemplating taking 5-10% off my gold position in my Gold IRA and allocating it directly into platinum.
Is anyone else diving into platinum right now? Am I missing something critical here, or is this really a no-brainer opportunity? Would love to hear some other perspectives, especially from folks who’ve been in the metals game for a while. What are your thoughts on its potential in the next 3-5 years?