Platinum could hit its all-time high of ~$2,400/oz in 5-10 years if things line up. South Africa’s mines are struggling, so supply is tight. Demand is growing for platinum in green hydrogen tech and car parts, especially with big global investments. Plus, with U.S. debt soaring and the dollar looking shaky, people might turn to platinum like they do gold and silver to protect their money. If electric vehicles don’t cut demand too much and the economy stays decent, platinum could soar to $2,400 by 2030-2035.
Im long a bunch, and will sell portion along the way up to get my basis out and ride the rest for free.
Like if you agree!
Im long a bunch, and will sell portion along the way up to get my basis out and ride the rest for free.
Like if you agree!
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