Silver ($16.2), an industrial and precious metal, that has traded at historical discounts to gold ($1430) as measured by the gold/silver ratio, has been on an absolute tear. The ratio is still historically high, though having narrowed with silver's rally.
Well, platinum ($851.8) is also an industrial and precious metal, in addition to being strategic, that continues to trade at historic discounts to gold. While silver has a broader investment base and given its low price, is easier to enter, the silver move not only presages higher gold prices, but is strongly suggestive that platinum will also follow.
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