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Comparing raw platinum to raw gold reveals that the former is less expensive than the latter, a circumstance relatively rare in history. It is, of course, due to gold being considered money ( albeit not by Bernanke ) in many quarters. On the other hand, platinum is used up in industrial applications ( not least of all in automotive catalytic converters ) and gold is essentially permanent. While it is claimed the "peak gold"has been reached, platinum is harder and more costly to extract and the main supplies are in unstable places like Africa. The price of platinum is getting close to the cost of production at which point money-losingmines will be mothballed and the price of the metal will have to rise. At the same time, platinum has traditionally been regarded as an alternative ( usually pricier ) to gold in jewelry and the monetary aspect of gold may be expected to predominate in the foreseeable future.
Recs
Most industrial metals have rallied with stocks on the improving economy. Platinum hasn't.
Recs
Platinum trading for less than gold. This happens once in a blue moon. My guess is that this commodity will grow as gold leaves its consolidation phase and resumes an upward trend. Platinum tends to trade at an approximately 60% premium to gold. So let's look for around a 75% return on this, versus a muddle through performance for the S&P 500.
Recs
Now that the Euro is stabilizing, and the US economy is recovering, commodity prices will go up again and PPLT will go up as well.
Recs
at only $1500/oz, platinum (and most commodities) will for the forseeable coming future easily outperform s&p which will be a bear market for a while.
also, platinum supply will be limited due to zimbabwe politics, driving up the price further:
http://www.mining.com/2011/10/09/pyrrhic-victory-for-mugabe-as-rio-tinto-gives-up-control-of-tiny-diamond-mine-but-likely-drops-200-million-expansion/
Recs
platinum prices are very low when compared to gold prices platinum is trading at just 1.1 times gold. since the 1980's Platinum has typically traded at ~1.8 times gold. There's definitely a lot of upside to platinum at these leves
Recs
Inflation is already rearing it's ugly head, with plenty more of it on it's way. I like platinum as a hedge because it's less volatile than gold or silver, because many people flock to those metals first. Plus, platinum is necessary in the auto industry, so there's it's practical use, and when refined, makes excellent jewelry. Gold and silver both have practical and vanity uses. Gold is a great conductor, but it's far too expensive for it's practical uses to be practical.
Recs
Bullish on this commodity as I think it will substantially outperform gold. Technically I like the ETF now that it has pulled back from $175 to $150.
Recs
Platinum is an inflation hedge that seems less over bought relative to gold.
Recs
platinum has many of the advantages of gold but is not as over bought. Market seems to be heading lower despite many great performances by individual companies.
Recs
Another hedge against USD or EUR. This metal will be in rel. high
demand in China as auto production continues to increase.
Recs
New demand due to the ETF existing. Steady improvement in industrial demand for Pt. Inflation starts up again before 1 year is up.
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