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rjtchch
Nov 16, 2020 2:14 PM

Platinum to Palladium ratio bottom could be in here Long

PL1!/PA1!NYMEX

Description

Got some platinum earlier this year, going to hold it for several years and try flip it to palladium haha. A bit of fun.
Comments
tor1n
fundamentals for both metals are extremely bullish over next 10 years, look at the need for platinum and palladium in the hydrogen fuel market
rjtchch
@tor1n, Agree, I like platinum bullion right now, just looking at the USD chart I think it will have a huge move once precious metals get going again that will surprise people. It is going to put in a move like silver did in my opinion, it will probably outperform silver in the next leg up.

Tin and copper are also interesting.
tor1n
@rjtchch, yeah copper gonna be a big one too, if you're at all interested in a company in that field - i'd look up generation mining out of canada , biggest undeveloped palladium rich mine in north america , 3 billion tons copper , 8 mill oz palladium , also gold and silver, and i cant remember the platinum equivalent off hand tho , trading at 55 cents ish , roughly its currently valued at about 3$ an ounce per palladium as opposed to its current 2300 lol
rjtchch
@tor1n, cheers for the insights, generation mining looks really bullish. I am in palladium one as the mcap is only 20 million and they are currently drilling out a discovery that is growing in size. palladium one is 3:1 palladium:platinum ration whereas most mines are the opposite. maybe GENM is 3:1 platinum:palladium... Palladium one is also getting pumped by Eric Sprott which helps a lot haha.. maybe I will swap for generation mining...
tor1n
@rjtchch, sprott is in genm too , I also hold a bag of p1 lol
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