The gold standard is still alive. The typical choices are gold, silver, and platinum. Investors do this to get an idea if one metal is a better value than the other. © Copyright 2020 Jewellery Quarter Bullion Ltd. The current price ratio is now about double the historical average. Platinum vs. Silver. Let’s now combine the findings of our leading indicators with the observations platinum’s long term chart. We are on record saying that the first 4 are no leading indicator whatsoever, with the exception of extreme supply shortages which, as said only occur every 10 to 20 years. Many investing tips and crypto market analysis. If you look at that chart, and you have a single contrarian bone in your body, then you have to be itching to buy. We publish updates on our platinum forecast. If the correlation coefficient is 1, it means that each metal perfectly matches relative price movements.
How does it compare to the price of gold and silver? Price ratios indicate that platinum and silver are undervalued compared to gold, but … Please enter your username or email address to reset your password.
These ratios aren't exact evidence. If the ratio is higher than the average, it may mean silver is undervalued; if it's low, it may mean gold is undervalued. Let's get the differences in appearance addressed first. Platinum will be more susceptible to industry changes. Platinum looks to be the better value compared to silver. Every time non commercials are 60,000 contracts net long it tends to signal a major price peak.
Note that there is hardly any platinum prediction for 2020 or 2021 published.
These are all very high correlations. The first pattern is this giant triangle that is in the making for 2 decades. One major conclusion is that platinum usually moves up strongly when silver is in a tactical or secular bull market. The gold/silver ratio is higher now than during the depths of the 2008 financial crisis! This article is research into which metals to choose. Are there some facts you think I missed? Based on the leading indicators (or lack thereof) and more importantly the chart setup we see the following platinum price forecast for 2020 and 2021.
Although there are slight differences between silver vs. platinum vs. palladium, they are all tangible commodities that generally hold their value. Our annual platinum price forecast is one of those important forecasts because of the upside potential of this grey metal. This is the pink shaded area. I feel I can rely the most on gold as a hedge because of its demand and robust history. However, the opposite is not always true. The most reliable leading indicator appears to be the price of silver. Welcome to our precious metals charts page. The million dollar question is when this bullish breakout with an 80% upside potential may start? Looking at the fluctuations in the platinum : silver ratio, we can see that, compared to its historical average, platinum is currently rather cheap.For example, while a platinum bar has often been worth more than 100 silver bars of the same size, it would now only be worth around 60. Gold, Silver, and Platinum are all very similar investments. A few times silver went up first, but a few time platinum rallied much more than silver or did so before silver. Platinum is different.
So this platinum prediction is all about trying to understand that next big move. Leading Indicator (partially reliable): Platinum COT. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com.
Each series shown is a nominal value to demonstrate the comparison in actual investment returns between each over various periods of time. I'm not too positive on the world economy. For the most updated prices, visit Silver and Gold Prices. All are highly correlated, but one can outperform the others. Investors consistently look at the ratio between metal prices. There are 4 tests of secular support ($790) which took place in 2004, 2008, 2016 and early 2019.
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