Thinking about platinum for hedging, anyone else looking at it?

• •Okay, so I've been doing my usual deep dive into precious metals, and platinum keeps catching my eye.
• •With all the talk about manufacturing, EVs, and just geopolitical uncertainty, it feels like it *should* be doing better.
• •My military pension is solid, but my investment portfolio, which is in the $800k range, needs to be resilient.

Okay, so I've been doing my usual deep dive into precious metals, and platinum keeps catching my eye. With all the talk about manufacturing, EVs, and just geopolitical uncertainty, it feels like it should be doing better. I’m sitting here in Honolulu, watching the news from Asia, and it just reinforces my belief that diversification beyond just gold and silver is prudent. My military pension is solid, but my investment portfolio, which is in the $800k range, needs to be resilient.

I’ve got a good chunk in gold, and some silver too, mostly in physical form within my IRA. Gold’s been a rock, especially with the dollar doing its thing. But platinum has this dual industrial and investment demand that could really kick in. It's often trading at a discount to gold, which historically hasn't always been the case. Is this an opportunity, or is there something I'm missing that’s holding it back? My gut says it's undervalued right now, especially looking at the supply-demand picture for the long haul.

I’ve even been playing around with that Silver vs Stocks tool on Gold IRA Blueprint, trying to get a feel for how different metals perform against equities over time. It gives a good visual, though it’s for silver and not platinum directly. Still, you can see how metals can act as a crucial counterweight to market volatility. I'm thinking of allocating maybe 5-10% of my metals portfolio into platinum, potentially through physical bullion from a reputable dealer. It feels like a smart play for long-term wealth preservation, given the current macro environment.

What are your thoughts? Is anyone else here considering platinum right now? Or do you think it's still too volatile or has too many industrial headwinds to make it a solid investment alongside gold and silver? Am I being too optimistic about its industrial rebound?