A Platinum Price Spike is Overdue!
When the comex finally breaks along with the SLV, physical silver will go to unheard of prices.. And the people who believed this banker scheme; created by Warren Buffet will lose almost everything. However with that in mind, I do not believe that the comex will break just yet; but we can never be too sure. Also be aware that I believe you should always have a core metals position which you do not touch, and have for safe keeping. The size of this core position depends upon your lifestyle and should also be likely growing but slowly. A core position of 200 ounces of silver and 5 ounces of gold for a family is moderate, but would likely be quite satisfactory.
Beyond this however I feel that platinum is well overdue for a SEVERE upside correction. Platinum can be considered to have been moving sideways for the past 6.5 years. Platinum is also incredibly volatile.. Likely more than silver. A super spike is imminent. An immediate short burst of 50% or more could happen at any minute.. Which will be followed by other super spikes, and likely a final grand spike; leading to another downside correction.
-Platinum is the sleeping giant.. Get platinum if you are a very heavy hitter with large amounts of paper promises to throw around. If you are not incredibly ballin'; please pay little attention to this video. Platinum will likely return 300% in 3 years, and 70% size gains literally at any moment.
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Silver is an even larger sleeping giant, but this beast is still in a deep sleep.. The silver monster however is about to make a small rustle of 150-250% gains in a year. However I believe once silver makes these gains it will go flat again for 2-3 years around the $60 dollar range before making the big moves everyone is waiting for.
-Gold is a beast which has been awake a very long time. It is a very strong but tired beast. It is starting to gain it's strength back from an attack by the banker batallion. Gold always leads the charge and will see a solid 100% gain in 3 years.
-Rhodium is dead and incredibly risky. Government Motors obsessively stockpiling Rhodium in 2007 is what caused the last super spike. Unless some news event comes out for rhodium stockpiling it is a complete no go for me.
-Palladium looks to be a very strong asset in the near future, however not as good as Platinum. Especially in the 1 year horizon. Palladium would be my second suggestion for diversification. The outlook for Palladium is very strong. Upwards of 200% gains in 3 years. However the certainty is not nearly as strong as with silver, gold, or platinum.
A good plan would be to hold core positions like always. Plan for a platinum super spike within a year or two, which you would sell out of and use to buy palladium, or wait for subsequent platinum drop and immediate re-spike or two.
