/biz/ - Business & Finance

>>10370579
do not buy gold or silver right now
buy platinum. its 3 years oversold compared to gold or silver.
though i have no idea how to buy physical platinum

better yet, dont buy any shiny rocks until the FED stops its policy of quantitative tightening, as this has capped inflation for now (hence why metals are getting destroyed).

most importantly, DO NOT listen to goldbugs. EVER. always do the opposite of the goldbugs. a goldbug infestation is a sure sell signal

alright guise
seeing as there seems to be a lot of shilling for shiny rocks these days, and a lot of anons being suckered into buying them by goldbugs and zerohedge, it might be time to reveal the true golden bull of precious metals.

or should i say the platinum bull.

platinum is a rarer metal than even gold, has more uses in industry, and traditionally has been valued at more than gold. however, while gold and silver have remained aloft in recent years, on the backs of useful idiots being shilled by predatory goldbugs as a way to protect against "the big one" (its not, look at historical data), platinum has no such scammer industry involved in its marketing.

on the contrary, its been shorted heavily for about 3 years now. and many people dont even realize that it is a metal that is regularly traded (as its been nothing but a short position for several years now). as a result, platinum is MUCH more oversold than gold, and even silver (which hasnt had as much luck as gold in being able to hold onto its gains from last run).

the other major factor that makes it a much better trade than gold/silver is the way it trades. while gold and silver move on a % basis similar to bonds (but w out the yield), and are held onto in unfathomable quantities by large banks, platinum is again, much less controlled, and subsequently trades on a % basis that is 3-5x larger than gold or silver.

TL;DR if you wanna buy shiny rocks, buy platinum