what is more interesting to me is the price of platinum. It now costs about the same to buy an ounce of platinum as it does an ounce of gold. That means platinum has to go up or gold has to go down and gold isn’t going down today. I don’t have time to look at the 100 day moving silver/gold ratio average right now but my guess is it’s way off and investors will be picking up silver and platinum today because of it despite their links to industry. Gonna be an interesting day today. good luck everybody.
Good point.
I have never purchased any platinum because it just never seemed affordable to me. I have been purchasing gold for the past 8 years, but have stopped buying as I can no longer afford it and began purchasing silver instead.
It now costs about the same to buy an ounce of platinum as it does an ounce of gold. That means platinum has to go up or gold has to go down and gold isn’t going down today.