Does Platinum rhyme with Bailout?
Mo money Mo problems.
The philosopher Notorious B.I.G. used to sing about that.
With the unlimited backstops to deposits and blank checks being thrown around, it might be a good time to review metals.
Platinum is more rare than gold.
Historically it has traded at a premium to the gold price. Currently trades for about half the gold price.
All time high in platinum is 2290, but those dollar were pre 2008 bail out dollars.
As gold nears all time highs over 2k, I cant help but wonder what could happen with Platinum.
in inflationary times metal do pretty well historically.
and since deflation is being bailed out with the banks, the inflation case is more likely now than last month.
The philosopher Notorious B.I.G. used to sing about that.
With the unlimited backstops to deposits and blank checks being thrown around, it might be a good time to review metals.
Platinum is more rare than gold.
Historically it has traded at a premium to the gold price. Currently trades for about half the gold price.
All time high in platinum is 2290, but those dollar were pre 2008 bail out dollars.
As gold nears all time highs over 2k, I cant help but wonder what could happen with Platinum.
in inflationary times metal do pretty well historically.
and since deflation is being bailed out with the banks, the inflation case is more likely now than last month.
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