Platinum to Blow Higher in 2020 in a Big Way: Don't Miss It!
Platinum, alongside Gold and Silver are one of my top outperforming sectors for 2020. However, Platinum is incredibly undervalued and has ALOT of catching up to do.
I believe Platinum will do what Palladium did and quietly run up at-least 35-40% in 2020 (possibly 50-60%) with very little slowing down until it reaches at-least 1700-1800. In fact, I wouldn't be surprised if Platinum and Gold finish close together by the beginning of 2021 nearing 1700-1800 USD/oz.
One of most attractive parts of Platinum (technically speaking) is Gold and Silver move together, however, Platinum can move independently. Further, Platinum is "rarer" and "harder to mine" than Gold and Silver but typically doesn't act as a monetary hedge like Gold does. What this means is when its "time" for precious metals to run, Platinum can run parabolically at any-time.
In my opinion you can't go wrong investing in Gold/Silver/Platinum bullion and choosing 1 high quality mining stock of each.
A lot of people have messaged me asking to post my top performing sectors for 2020 and my list are as follows:
1) Canadian energy (Enbridge, TRP and Canadian Natural Resources)
2) IIPR (Cannabis REIT)
3) Precious Metals (Gold, Silver, Platinum)
4) US Technology
For Platinum the only stock you want to be in is Impala Platinum. And for Platinum bullion you want PPLT.
- zSplit
I believe Platinum will do what Palladium did and quietly run up at-least 35-40% in 2020 (possibly 50-60%) with very little slowing down until it reaches at-least 1700-1800. In fact, I wouldn't be surprised if Platinum and Gold finish close together by the beginning of 2021 nearing 1700-1800 USD/oz.
One of most attractive parts of Platinum (technically speaking) is Gold and Silver move together, however, Platinum can move independently. Further, Platinum is "rarer" and "harder to mine" than Gold and Silver but typically doesn't act as a monetary hedge like Gold does. What this means is when its "time" for precious metals to run, Platinum can run parabolically at any-time.
In my opinion you can't go wrong investing in Gold/Silver/Platinum bullion and choosing 1 high quality mining stock of each.
A lot of people have messaged me asking to post my top performing sectors for 2020 and my list are as follows:
1) Canadian energy (Enbridge, TRP and Canadian Natural Resources)
2) IIPR (Cannabis REIT)
3) Precious Metals (Gold, Silver, Platinum)
4) US Technology
For Platinum the only stock you want to be in is Impala Platinum. And for Platinum bullion you want PPLT.
- zSplit
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