PowerX Strategy "PowerZ"

[IgazI]

https://youtu.be/lo1keBNgNqs?si=uNXPlpM1LI6KpdX6

One of the most beautiful things about platinum is that it is self-identifying; its density testifies to its authenticity.

In the video, he claims that platinum is actually more common in the earth's crust than gold, that's a new one on me.

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[IgazI]

Everything is doing well, except for palladium. . .
of which I own zero

Great thing about investing is that price can ziggle and zaggle all it wants, I don't care

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[IgazI]

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[IgazI]

They finally did it
I was starting to question my sanity.

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[IgazI]

Looks like I'm actually a dollar off. . .

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[IgazI]

See anything familiar?

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[IgazI]

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The prices of palladium and platinum are getting close. . .
but will they flip?

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[IgazI]

The market seems to like $929 for some reason, dunno.

Instead of moving my levels, I decided to just drop another line on the chart

PS: I'm still considering buying 2 or 3 oz of platinum in December; I'm at 21 of 24 oz and I just want to get it over with

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[Yirbu]

pal_itisNot.png
The prices of palladium and platinum are getting close. . .
but will they flip?
ok.png

Looking at the platinum prices, they are not moving.
Or there is a lot of volatility during the year but when the year ends, price is more or less the same.

Palladium is a different game.
With the Russia/Ukraine war it might rise some more.

[IgazI]

pal_itisNot.png
The prices of palladium and platinum are getting close. . .
but will they flip?
ok.png

Looking at the platinum prices, they are not moving.
Or there is a lot of volatility during the year but when the year ends, price is more or less the same.

Palladium is a different game.
With the Russia/Ukraine war it might rise some more.

You're right that metals swing a lot, but end up more or less in the same spot. . .
until they decide to 8x

That is why trading REAL goods is better than trading BS, like the Forex market; you can more accurately guesstimate what something is worth.

I'm a betting man, a degenerate gambler, destroyer of OPM , and I bet my soul and an eternity of servitude that platinum is the right play.