this year gold was and remains the most advisable precious metal for investment. while everyone is looking at gold and wants to jump in an overheated market, I want you to have a look at platinum
three major things to know about platinum:
the market is bearish since 2011
the market has reached 2008's low this year
the market has broken above the major falling trendline
we have a great chance to buy platinum on a huge discount.
technically we see a lot of different signals indicating a shift in a market trend and I would consider platinum to be a good alternative to gold (based on its current prices)
hey great chart bud, from what i was reading platinum is mostly used inside diesel exhaust particle filter and demand for diesel vehicles will be going down with incoming electric. Some European counties banning diesel now. The only hope is if investor will bring platinum back to its shinning glory since its more rear metal than gold. Hopefully there is still faith in platinum since last correction.
VasilyTrader
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@muxruk, thank you for the insight!
This is basically the nature of investment
Have courage to buy when no one sees the light :)
electronicavr
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Hi I'm interested in investing in this metal. How is the amount of pip in this metal calculated? This is the first time I want to trade this case
VasilyTrader
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@electronicavr, it is similar to gold and silver.
in calculations you use usd metrics!)