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Platinum Is Cheap !
Platinum / U.S. Dollar
Long
Platinum Is Cheap !
By engsalahgh
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Oct 11, 2019
2
Oct 11, 2019
Cheap, Platinum is cheap.
Today, we look at Platinum from an other angle, the Platinum / Silver Ratio.
As the chart above show, the Platinum / Silver Ratio began above 130 and decreased down to 39 in 2011, then back up to 80, then down to 50 today.
Also note the down trend line.
The chart speak: "Platinum is cheap relative to Silver."
The Ratio may decline to 39, the low it reached in 2011.
Buy Platinum man, it's historically cheap.
Chart Patterns
Trend Analysis
engsalahgh
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