With all the EV talk, is platinum undervalued right now?

Totally get where you're coming from! I've been eyeing platinum too. Had a similar thought a few years back when palladium was soaring and I swapped a small chunk of gold for it. Ended up doing pretty well. Not saying it'll be the same, but it definitely feels like platinum's got some room to run given the EV narrative and industrial demand.

Interesting thought. You mentioned you're "contemplating shifting some" of your gold into platinum. Are you thinking about a small percentage, like 5-10%, or a more substantial reallocation? Just curious about the scale you're considering for that move.

Interesting thought process, and I get why you're looking at platinum with all the EV buzz. However, I'd caution against making a direct comparison between platinum and gold for IRA purposes based *solely* on EV production.

While platinum does have industrial uses, including in catalytic converters (which EVs don't use, by the way, though fuel cell vehicles do), gold's primary role in an IRA is often as a hedge against inflation and economic instability, and it's historically less volatile than industrial metals. Shifting a significant portion could move you away from that core hedging strategy. Just something to consider before making a big move!

Interesting thought! Platinum definitely has a unique position with its industrial uses, especially in catalytic converters, which could see a shake-up with EV adoption. However, it's also used in fuel cells, which could be a bullish factor long-term.

If you're considering a shift, it might be worth checking out the World Platinum Investment Council (WPIC) website. They put out some pretty in-depth reports and forecasts on supply and demand that could help inform your decision beyond just the EV angle. Good luck with whatever you decide!

Totally agree with this - I've been eyeing platinum too for the past few months. I'm actually in a similar boat, built up my Gold IRA over about 7 years and have a good chunk in it. My advisor (out of Phoenix) has been pretty bullish on it lately, especially with all the talk about hydrogen fuel cells and industrial demand. Feels like a no-brainer with the current gold/platinum ratio.

That's an interesting thought, especially with the direction the auto industry is heading. I actually dipped my toes into platinum a couple of years back, around 2021, when there was a lot of buzz about hydrogen fuel cells. Threw about $15k from some crypto gains into a platinum ETF, thinking it was a no-brainer long-term play. It's been a bit of a rollercoaster since, definitely not the straight shot I expected, but I'm still holding on. I wonder if the EV push just eclipses everything else in the public eye, even if platinum has some quiet industrial demand. Food for thought, for sure.

Interesting thought on platinum. My gold IRA, which I started in 2018 after liquidating a good chunk of my Detroit real estate holdings, has been solid. I've been eyeing other precious metals as a way to diversify a bit more within the IRA framework. Have any of you looked into the specifics of *how* platinum holdings are actually handled differently in a self-directed IRA compared to gold or silver coins? I'm thinking beyond just the IRS fineness requirements, more about storage and liquidity nuances if things get spicy.

Interesting question, especially with all the hype around batteries. My take, having been involved in precious metals for a while now, is that while platinum has *potential* in the hydrogen economy – think fuel cells – it's still a ways off from truly displacing palladium in catalytic converters for ICE vehicles. The supply/demand dynamics are incredibly complex, and until EV adoption drastically reduces the need for emissions control in traditional vehicles *and* hydrogen infrastructure scales up, I don't see a massive, sustained surge in platinum's value solely based on that. I've been holding some platinum since 2015, and while it's had its moments, it hasn't matched the run gold or even palladium saw in certain stretches. It's a long-term play, not a quick flip for me.

Interesting question. When I was looking into diversifying my retirement portfolio back in 2021 with a Gold IRA, my advisor at Augusta Precious Metals actually steered me *away* from platinum. He pointed out the industrial demand, especially for catalytic converters, was a bit of a double-edged sword; great when it's high, but vulnerable to tech shifts like EVs. We ended up focusing on gold and silver, which felt more like a tangible, long-term hedge against inflation, especially with all the money printing happening at the time. I'm now sitting on a nice chunk of physical gold in a Delaware Depository vault, and with the recent inflation numbers, I'm feeling pretty good about that decision.

Totally agree with this! I actually started diversifying my Gold IRA with some platinum back in early 2022, right before the big EV push really picked up steam. My advisor in Miami was a little skeptical at first, but I felt like the industrial demand combined with the relative scarcity made it a no-brainer, especially when I was looking to add around $40k to my precious metals holdings. It’s been a smart move for my portfolio so far.

Interesting question. I've been watching the platinum market myself, especially with all the talk about its role in hydrogen fuel cells versus traditional catalytic converters. I found this breakdown on *Kitco* a few months back – an article that really dug into the supply/demand dynamics for platinum in a post-ICE world – and it definitely made me re-evaluate my precious metals allocations. I think it was titled something like "Platinum's Pivotal Point: The Hydrogen Horizon." Might be worth a read if you're looking for more depth beyond just EVs.

@Andrew Roberts, your point about the hydrogen economy is spot on and actually hits close to home for me. I remember back in early 2020, just before everything went sideways, I was seriously looking at platinum. I had about $75k I was considering putting into it, mostly as a hedge against inflation and frankly, a bit of FOMO on the industrial demand side. My advisor here in Chicago, bless his soul, really pushed me toward a more diversified precious metals approach instead, suggesting I stick to my existing gold IRA for the bulk of it and maybe a smaller play in silver. He kept bringing up the "potential" of platinum for various industrial uses, including hydrogen fuel cells, but also the volatility. I ended up putting about $15k into physical platinum coins, and the rest went into adding around 30 more ounces to my Gold IRA. Honestly, watching platinum's price action since then, I'm glad I didn't go all in. There's definitely potential, but it feels like the "hype" you mentioned still outpaces consistent, market-moving demand right now. My gold, on the other hand, has been the steady anchor in my portfolio, consistently appreciating and

Really valuable perspective. I'll definitely keep this in mind as I make my decisions.

Thanks for sharing your experience. It's so helpful to hear from real investors.

Honestly, the whole EV platinum debate reminds me a lot of 2020. I was sitting on my porch here in Nashville, watching the world go sideways, and my traditional investments felt like they were in quicksand. That's when I really buckled down and researched Gold IRAs. I remember taking a deep breath and moving about $60-70k into physical gold – a sizable chunk for me back then. It wasn't about getting rich quick; it was about having something tangible, something that felt *real* when everything else felt so uncertain. Now, seeing some stability, I'm glad I did. It's a completely different kind of peace of mind.