Platinum / U.S. Dollar Forum & Chats (ICMARKETS:XPTUSD)

ham_raz

16 hours ago

Why there is no activity?

CassianDrake

yesterday

Locked in profits, what a ride it’s been on the way up. Grateful for the move and keeping my eyes open for what’s next.

Alpha_54321

2 days ago

get ready for a sell . price is almost reaching for a a liquidity level (4h)

gw74f4efea

2 days ago

…someone messaged me privately asking about my thoughts on platinum. Since I don’t want to provide tv my phone # to use that feature, I can only respond to you here, publicly. I won’t mention the user’s name, in case they want to remain private, but if you’d like to ask anything else you can do it privately and I’ll respond back here, on this thread.

…I’ll preface by saying this - I’m not advising anyone to do anything, just sharing my thoughts on what’s currently unfolding in the inferior metals space (silver, platinum, palladium). There are 2 main factors driving the demand for these metals: supply/demand & store of value.

…there are deficits in these metals, with world shortages and increasing demand for them, they’ll organically rise in value. That’s the supply/demand factor. As for store of value, gold is increasingly becoming unaffordable for most retail buyers, which subsequently further increases the demand for these inferior precious metals as buyers seek alternatives in the safe-haven assets market.

…the way I see it - the gold to silver/platinum ratios have gapped significantly during gold’s current bull cycle and it was only a matter of time for the inferior metals to catch up. We will continue to see these metals rise in value, due to the reason people are flocking to safe-haven assets and seeking alternatives to gold, along with the supply crunches weighing on the ability to meet this increased demand.

***There are risks associated with investing in anything, so proper risk management is imperative, regardless of your views***