PLATINUM/SILVER Ratio Price Risk Trend
(Previous update in brackets)
| Gold Platinum ratio | Monthly | Weekly | Daily | |||
|---|---|---|---|---|---|---|
| 41.35 (41.28) |
||||||
| Trend | ↓ (↓) | ↓ (↓) | ↑ (↓) | |||
| % Risk Weight |
46 (49) | 33 (36) | 16 (11) | |||
| Total PM Portfolio allocation 40% (40%) breakdown: |
Pt:14% | Ag:14% | Au:12% | |||
Platinum/Silver Ratio Charts
03 December close Besides the more fundamental reasons for adding Platinum which we started adding against a stronger Euro after the first rally following the March 2020 bottom, Platinum is again now finding strong bullish signal in all time intervals. Daily is evident, Weekly because of the steep drop and likely to remain above one of the three previous low points, Monthly because of a clearly unfinished upside move following the cycle low in 2020 and Quarterly because this also is looking to make another bullish divergence formation which in this case is a very powerful signal. Pt is likely to be strong longer term, hence staying with an equal allocation between Platinum and Silver. The Platinum Silver ratio analysis is important to remain focussed on the risk portolio. We keep this ratio data manually as there are no decent online (API) providers with enough reliable data, and also because we often see charts with print errors that are not being corrected, even when asked, hence providing false data for technical analysis. For now we stay with our long term forecast of closing in on the 50 year daily closing average of 73.50 or a very potential 75% advance from the present Platinum to Silver ratio price level at around 41.00.
26 November close Platinum industrial properties are improving substantially with new technological applications having been discovered to achieve clean fuel conversion and much less CO2 emission. A simple fundamental reason to hold Platinum as a long term core asset allocation. Otherwise, the Platinum/Silver price ratio technical picture doesn't look too bad either even though short to long time intervals are showing a risk weight downtrend at this moment. But, from short to long all time intervals, Daily, Weekly, Monthly, Quarterly look to be in interim corrective mode waiting for a resumption of the uptrend until we reach much higher % risk weight levels coupled with bearish divergence formations in the longer timeframes sometime in the more distant future. Even though we can never exclude an unexpected new all time low in the Platinum to Silver Ratio, Platinum actually looks pretty solid as the price correction is followed by relatively large risk weight corrections setting up for a fresh rally towards the long term ratio price average.
