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Anyone Notice That Platinum Is Lower Than Gold?
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<p>[QUOTE="InfleXion, post: 1275960, member: 29012"]As far as I know this is at or near the lowest ratio in recent history. Platinum is $1,000 less than it was a few years ago, and gold has been on a tear. In a deflationary environment platinum and palladium stand more to lose since they are not monetary metals like gold which could still continue to rise as a safe haven. The PGM's look like a good buy right now, but if the economy doesn't pick up they may keep going down.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1275960, member: 29012"]As far as I know this is at or near the lowest ratio in recent history. Platinum is $1,000 less than it was a few years ago, and gold has been on a tear. In a deflationary environment platinum and palladium stand more to lose since they are not monetary metals like gold which could still continue to rise as a safe haven. The PGM's look like a good buy right now, but if the economy doesn't pick up they may keep going down.[/QUOTE]
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