For the first time in history, the price of gold and platinum are almost exactly the same. Think about that. This has never happened before, ever.
Put another way: you have some gold, and you can trade it in for the same weight in platinum.
I don't know if that's bearish for gold (it goes to $500) or
superbullish for platinum (back to $1580) but it is clearly a situation
which cannot last. Plan accordingly.
Platinum has almost always been at least double the price of gold, or at least $400 higher. Fewer catalytic converters? Russian releasing their reserves?