platinum vs silver price
Do you agree or disagree? For the most updated prices, visit Silver and Gold Prices. Anyhow, we consider one of the two valid leading indicators for the future price of platinum to be the platinum futures market COT report.
His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. Similar to the gold and silver COT report we look at extreme net positions of non commercials. There are even some indications of support and resistance around 50 and 90 respectively. 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. This is the prerequisite for a bullish outcome.
According to our platinum forecast we expect a bullish breakout between 2020 and 2022.
Prices reflect platinum's spot price.
We consider this platinum price forecast to be one of the must read forecasts of InvestingHaven’s research. Although there are slight differences between silver vs. platinum vs. palladium, they are all tangible commodities that generally hold their value. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions. This is our forecasted platinum price for the coming years. Our #platinum price forecast for 2020 is mildly bullish but for 2021 and 2022 it is wildly bullish. All are highly correlated, but one can outperform the others.
A few times silver went up first, but a few time platinum rallied much more than silver or did so before silver. There is no clear indication why humanity loves shiny things, but it seems this love isn't going away any time soon. That said, when it comes to platinum’s chart pattern(s) we see that platinum is nearing the apex of a giant triangle pattern. We discuss both in more detail. We want to know when it may happen and how to recognize it. Welcome to our precious metals charts page.
: 06758398 VAT No. The million dollar question is when this bullish breakout with an 80% upside potential may start?
As can be seen above from these numbers, silver looks like the better value compared to gold. As such, the ratio tends to fluctuate very often, although it is easy to understand; when it rises, platinum is expensive relative to silver and when it falls, platinum is cheap. This is the pink shaded area. Given the different sources of demand for the two metals, their values can rise and fall at different times and different rates. I wrote this article myself, and it expresses my own opinions. The platinum: silver ratio shows us the proportionate relationship between the respective prices of platinum and silver.Put simply, this is how much silver would be needed to buy a troy ounce of platinum. Each series shown is a nominal value to demonstrate the comparison in actual investment returns between each over various periods of time. This article is research into which metals to choose. The second pattern is the falling channel that started in 2008. So this platinum prediction is all about trying to understand that next big move. This chart compares gold prices and silver prices back to 1915. Should You Invest? Bearish momentum will pick up once platinum closes for 3 consecutive months below $790.
Our 2020 forecast for platinum is mildly bullish while our 2021 forecast (going into 2022) is wildly bullish. Another fact to consider with platinum is that it's much more rare.
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