Interesting
Platinum and Palladium are the same price today $920.
These are Quasi Precious Metals…but few actually stack them…they are more used in industry and jewelry.
We could see an inversion soon
This has not happened since 2001 EXACTLY at THE Gold Bottom !!
Bears watching….Bulls too 🙂
Will this ratio have to get back to the 2001 level before PMs take off ?
PS there is a strong divergence vis a vis the Gold Price right now…which way will this correct ?
Interesting chart Fully. Cant help but notice how abrupt the ratio turned following its multi year decline into 2001.