If you own plenty of platinum.......

DoubleEagle59

I'd get ready to swap it for palladium.

Why?...Because the Pt/Pd ratio is falling fast.

Maybe not today but when the ratio gets below 2:1, I think I'd pull the trigger.

Pt/Pd ratio chart

roadrunner

Wouldn't you want to trade out of other PM's for plat because the platinum is relatively undervalued? Plat has underperformed all PM's and the CCI commodity index for the past several months.

Platinum just completing a multi-month cup and handle formation and possibly looking to break out. All the other PM's have broken out.

roadrunner

DoubleEagle59

Ooops...I'm having a dyslexic day.

You're right, you want to swap palladium for platinum

Good thing I don't own any platinum.

OPA

<< <i>Wouldn't you want to trade out of other PM's for plat because the platinum is relatively undervalued? Plat has underperformed all PM's and the CCI commodity index for the past several months.

Platinum just completing a multi-month cup and handle formation and possibly looking to break out. All the other PM's have broken out.

roadrunner >>



You hit the nail on the head. Palladium has gone up to fast in to short a period of time, which tells me that it's "speculation" driven and not actual industrial demand driven.

jmski52

I'm attempting to sell some platinum. However, my goal is to buy some other platinum. It's a circular kind of logic, but I actually have a collection.

RedHerring

<< <i> It's a circular kind of logic, but I actually have a collection. >>



I hear ya! I've been moving gold to silver over the last 6 months and wish I would have started sooner!

The Au:Ag ratio is around 47 right now. Hard to believe it was 67 not long ago.

botanist

I tried to buy physical Palladium when it was under $200 fairly recently, less than two years ago, but was never able to find a seller with a form in which the premium over spot wasn't so enormous that it seemed to be poor value. Now that Palladium has greatly increased, it is freely available at or very close or even a bit under spot.

roadrunner

I hear ya! I've been moving gold to silver over the last 6 months and wish I would have started sooner!
The Au:Ag ratio is around 47 right now. Hard to believe it was 67 not long ago.

That would be a reasonable reason to move some silver back into gold for a while.

roadrunner

jmski52

Platinum has enjoyed a steady rise for the past 2 years, and there is no reason to think that it's been overbought as in 2008 when the supply disruptions caused a bit of a buying panic, before the blowoff in precious metals. It's been quietly doing its job.