Loading ...Back in 1969 Platinum was almost 6 times the price of Gold, it is now a mere 0.3495…..so if gold stood still and that old ratio returned Platinum….would be just under $ 16,000 /oz…which might have a sizeable effect on a load of beaten up Platinum shares….like 30 times at a minimum.
And as redneckokie pointed out, now the US car mkt is staying normal, ie ICE engines will stay….. that has every chance of happening, as even the EU will have to wake up soon…..