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 Has platinum ever been cheaper than gold?
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Nickelless
Administrator


USA
5580 Posts

Posted - 10/29/2008 :  18:58:46  Show Profile Send Nickelless a Private Message
It's getting low enough that I got to wondering...


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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 10/29/2008 :  19:00:48  Show Profile Send horgad a Private Message
quote:
Originally posted by Nickelless

It's getting low enough that I got to wondering...





You must be logged in to see this link.

You must be logged in to see this link.http://www.sharelynx.com/charts/AuPL.gif

Bart13 from silicon investor made the best chart. Whenever the black line exceeded the 1.00 on the left of the graph, platinum was cheaper than gold. It is a big buy signal, IMHO, indicating that platinum is likely to outperform gold for some period of time:

You must be logged in to see this link.


Edited by - horgad on 10/29/2008 19:03:35
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