February 17, 2009

Platinum vs. Gold

God is telling you something

plat.jpg

You wait a couple months, then you gonna see
You'll never find nobody better than me

In the night I hear them talk- the coldest story ever told
somewhere far along this road he lost his soul
To a woman so heartless

That woman is credit, her power is flattery...






Comments

You listen to kanye? Nice.<... (Below threshold)

February 17, 2009 9:45 AM | Posted by BD: | Reply

You listen to kanye? Nice.

Vote up Vote down Report this comment Score: 0 (0 votes cast)
I'm not really sure what th... (Below threshold)

February 17, 2009 9:56 PM | Posted by Fargo: | Reply

I'm not really sure what that chart means. Partially because of the smallness, but mostly because I've never really looked at any kind of stock/commodity chart. Anyone care to enlighten me here?

Vote up Vote down Report this comment Score: 0 (0 votes cast)
Classic gold bubble, or pt ... (Below threshold)

February 18, 2009 10:35 AM | Posted by Max: | Reply

Classic gold bubble, or pt is hugely undervalued. My bet is on the former.

Vote up Vote down Report this comment Score: 0 (0 votes cast)
Fargo:See this old... (Below threshold)

February 18, 2009 10:37 AM | Posted by Johnny Abacus: | Reply

Fargo:

See this older post: Has Anyone Noticed That Price Of Gold And Platinum Is The Same?

More precisely, the uptick at the end of the chart suggests that momentum investors should jump in right now.

Vote up Vote down Report this comment Score: 0 (0 votes cast)
Correspondingly, poppy futu... (Below threshold)

February 18, 2009 11:10 AM | Posted by MedsVsTherapy: | Reply

Correspondingly, poppy futures should be heading up as supply may soon suffer...

Vote up Vote down Report this comment Score: 0 (0 votes cast)
As above. Ignoring pres... (Below threshold)

February 18, 2009 10:53 PM | Posted by Alone: | Reply

As above. Ignoring present circumstances and focusing only on history, this is a ratio that is preposterously untenable. Either platinum has to go to $1500 or gold to $700 for the ratio to attempt to return to normal. Short gold/long platinum is the trade.

However, it's clear that these are special circumstances; history may not apply anymore; things are different now. ;-)

Vote up Vote down Report this comment Score: 1 (1 votes cast)
I want one... whos buying?<... (Below threshold)

January 9, 2010 2:27 AM | Posted by anony: | Reply

I want one... whos buying?

Vote up Vote down Report this comment Score: 0 (0 votes cast)
OK so the chart shows the n... (Below threshold)

January 26, 2013 9:28 PM | Posted by lorax2013: | Reply

OK so the chart shows the normal progression of the Au/Pt ratio during economic downturns. Pt is an industrial metal and falls out of it's standard ratio with Au when industrial demand is suppressed. Eventually the ratio will re-establish as either auto demand picks back up or Pt production decreases due to unsustainably low price.

More importantly, what does this chart have to do with your normally brilliant insights into the human psyche. This kind of stuff is mosly only relevant to traders and hard asset investors.

Vote up Vote down Report this comment Score: 0 (0 votes cast)
TLP is using money as a pro... (Below threshold)

January 9, 2014 8:21 PM | Posted by 777: | Reply

TLP is using money as a proxy for identity. I think he's encouraging us to invest in ourselves and see the real term consequences of our actions. This platinum vs. gold comparison, I believe has something to do with the idea that platinum is the identity manufactured by a narcissist and gold is the real "you". Most of the time you can float by, borrowing "credit" (making people believe you are something you are not) and the want for flattery (validation of false identity) is the power over the narcissist.

Vote up Vote down Report this comment Score: 2 (2 votes cast)

Post a Comment


Live Comment Preview

November 28, 2014 15:18 PM | Posted by Anonymous: