An ETF that tracks the price of platinum.
AI-generated insights about Platinum from various financial sources
Has broken out of a long-term range. Consolidating above $2,000 could open up much higher price targets.
Included in the 'Hard Money' pillar of the portfolio, but currently seen as less attractive than Bitcoin due to the recent price surge in precious metals.
Mentioned as part of a broader metals and commodities complex that investors with a longer-term horizon could slowly accumulate.
Currently trying to consolidate above its range high breakout level of $1,923, which is a level to watch for continued strength.
Mentioned alongside gold as a precious metal with strong performance due to the macro 'debasement trade' and the search for alternative stores of value.
The speaker personally took a trade on Platinum to gain exposure to the ongoing commodity super cycle trend.
A new bullish trade opportunity was identified, as the asset is in a 'sweet spot' with only an 8.2% drawdown to its invalidation point.
Despite a recent pullback, the larger picture remains bullish, with a 33% move up towards the $3,000 mark expected.
Platinum was up +3.1% yesterday, indicating potential short-term momentum in commodities.
Has broken out of a long-term range. Consolidating above $2,000 could open up much higher price targets.
Included in the 'Hard Money' pillar of the portfolio, but currently seen as less attractive than Bitcoin due to the recent price surge in precious metals.
Mentioned as part of a broader metals and commodities complex that investors with a longer-term horizon could slowly accumulate.
Currently trying to consolidate above its range high breakout level of $1,923, which is a level to watch for continued strength.
Mentioned alongside gold as a precious metal with strong performance due to the macro 'debasement trade' and the search for alternative stores of value.
The speaker personally took a trade on Platinum to gain exposure to the ongoing commodity super cycle trend.
A new bullish trade opportunity was identified, as the asset is in a 'sweet spot' with only an 8.2% drawdown to its invalidation point.
Despite a recent pullback, the larger picture remains bullish, with a 33% move up towards the $3,000 mark expected.
Platinum was up +3.1% yesterday, indicating potential short-term momentum in commodities.