Time To Get Some Platinum...? It's at all time lows vs gold and silver.
I only found this accidentally. It's the 2nd heaviest element in the universe. Behind osmium, which can kill you. So don't stack that, OK?! In contrast, to killing you, platinum is hypoallergenic.
Silver and gold are both near all-time highs relative to platinum, making it a good time to trade extra gold or silver for platinum.
Bank reserves have caught up with the Fed balance sheet, at the same levels they were when balance sheet was at these levels in 2020. Reserves should accelerate downward soon.
Bloomberg is reporting markets expect the yen to fall faster now, and that they are less afraid of BoJ intervention.
I Just Bought my First Platinum Coin With Silver
I got a call yesterday from a friend, wanting to trade his platinum for silver. I said sure, since I have plenty of silver and I don't have any platinum and I'd love to have a coin. I gave him 34 1oz silver coins for a 1oz platinum coin, after checking the ratio, not really conscious of it because I've never looked into it. Then after he left, I zoomed out on the platinum to silver ratio chart and I couldn't believe my eyes.
Silver is near all time record highs relative to platinum right now. The only time silver was ever more expensive in platinum terms was during the 1979-1980 silver mania. If you have extra silver and you want some platinum, now is the time to make this trade.
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