Written by Bryan Lutz, Editor at Dollarcollapse.com:
On Sunday, I wrote to you about what I usually talk about in my Sunday Morning Thoughts, I wrote about gold.
Sometimes that sparks conversations about other precious metals like platinum.
One subscriber, Tom, commented:
“Platinum is waking up.
It reached a new 52 week high this past week on the highest futures volume in years.”
Yes, it looks like it could be…
Here are three charts to consider.
Robert Sinn at Goldfinger Capital writes:
The Most Underrated Metal Of 2025
“Metals like gold, copper, and even antimony have been getting all the attention in 2025.
However, platinum could be the most underrated metal currently – a metal poised to shine as demand exceeds expectations.
Platinum has been in deficit for the past two years, meaning that demand has exceeded supply from mine production and recycling.
Another deficit is projected for 2025, meaning the market will need to draw on diminishing above-surface inventories of platinum.”
For platinum, there are more gaps than that of supply and demand.
There’s an enormous gap between the price of platinum, and gold.
Michael Maharry at Money Metals writes:
Could Platinum Be Setting Up to Break Out?
“Platinum is incredibly cheap relative to gold, and platinum supply is very constrained,” Sprott Asset Management CEO John Ciampaglia told Bloomberg.
The wide spread between the gold and platinum prices could represent a significant opportunity for investors.
Imagine if it merely returned to a 1:1 ratio. That would represent a 200 percent gain for platinum if the gold price climbed no higher.
Even a more modest narrowing of the price spread closer to historical norms would present healthy gains.”
You can see the spread starting in roughly 2017.
Before that, platinum was historically priced higher than gold.
Last week, platinum rose over 10%.
Even the monthly technical chart pattern seems to point towards a breakout for platinum.
Below is what technical analysts call a pennant pattern.
It’s a bullish symbol.
And last week’s candle pushed up slightly higher.
If anything, you can still be opposed to going long on platinum and see that there are possible gains to be made.
One way to buy platinum on paper is to look into the Aberdeen Physical Platinum Shares ETF (PPLT), which tracks the price of physical platinum without requiring you to own or store the metal.
