Back on April 14th when it seemed like everyone, and his brother, was chasing Gold, I called out Platinum trading around the 945 level.
Platinum is way cheaper than Gold or Silver, if it's the $USD you're worried about. pic.twitter.com/1JvCdDkO2i
— Veteran Market Timer (@3Xtraders) April 14, 2025
In 2025, platinum has outrun gold and silver with a near 49 percent rally to hit a decade high
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| What is platinum? goldsecure.com.au |
So far this year, gold has surged close to
29 percent on safe haven buying amid rising geopolitical risks and
tariff-related uncertainty, but platinum has posted a 49 percent rise,
and is set to pip all precious metals for the month as well as for the
quarter.
moneycontrol.com
Since that time Platinum is up over 40 percent
Why is Platinum so special? It's not, and It just goes to show, we're in a liquidity bubble, where excess money continues to find it's way into every market.
I suspect the sheiks in Dubai are driving everything from Crypto, to platinum, but it could be any whale, or *school of whales, with the help of a little trading software.
Of course, now you see every Tom, Dick, and Harry, along with a millions bots pointing to the platinum trade
Platinum is up over $40 today, trading above $1,400. It's now up more than 40% since I recommended buying it from Schiff Gold on my podcast six weeks ago. It's still cheap, but the better buy is silver. It's still below $37, but not for long. Buy some at https://t.co/2MjpSDO3M5.
— Peter Schiff (@PeterSchiff) June 26, 2025
and that seems like a good place to make an exit.
Take Care,
AA
*A group of whales is commonly called a pod, a school, or a gam. Other terms include herd, mob, and flotilla. - Source AI Duck assist/ whale-world.com Wikipedia
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