Me either! At current prices the Platinum:Gold ratio is almost .7! This hasn't been seen since the early 80's! This has me thinking now could be the time for a reversal in this ratio!
My question is why is the ratio so low? I thought platinum demand, like that for silver, was partially driven by industrial and electronics manufacturing uses? I've heard rumors of the electronics industry working on alternatives to precious metals, so a trend downward might not be on track to reverse anytime soon if that is indeed the case!
Me either! At current prices the Platinum:Gold ratio is almost .7! This hasn't been seen since the early 80's! This has me thinking now could be the time for a reversal in this ratio!
My question is why is the ratio so low? I thought platinum demand, like that for silver, was partially driven by industrial and electronics manufacturing uses? I've heard rumors of the electronics industry working on alternatives to precious metals, so a trend downward might not be on track to reverse anytime soon if that is indeed the case!