View Full Version : Platinum ratio is getting close to 1:1 with gold

2nd August 2011, 09:28 PM
Everyone says Gold and Silver are the best buys, but I try to make decisions when buying based on current ratios and trends.

I think Platinum has been extremely overlooked lately, namely that it's been going sideways since around late 2009. So in my mind it seems like a smarter buy right now, though I know it's one of the hardest of the main 4 precious metals to get for some wild reason (almost always sold out.) I do know Apmex has relatively cheap bars for not to much over spot, though all of my other favorite stores are sold out, and getting it in Eagle form is a total joke since The Premiums are too Damn High!

So what do you guys think? Am I onto something big? Could we see Platinum swing to the upside when people see this Gold:Platinum ratio close to 1:1? I also look at Platinum as one of the most unpredictable of the precious metals (excluding Rhodium since there's no real market for regular folk) since it seems to go either sideways when everything goes up, or goes up rapidly.

Here are 5 year charts for each metal:

8th August 2011, 06:21 AM

8th August 2011, 07:19 AM
Forget gold to platinum, IMO. Silver to platinum is currently a steal!

willie pete
8th August 2011, 07:58 PM
Look at it now....

Gold→ $1741.30

Plat→ $1716