Platinum to Blow Higher in 2020 in a Big Way: Don't Miss It!Platinum, alongside Gold and Silver are one of my top outperforming sectors for 2020. However, Platinum is incredibly undervalued and has ALOT of catching up to do.
I believe Platinum will do what Palladium did and quietly run up at-least 35-40% in 2020 (possibly 50-60%) with very little slowing down until it reaches at-least 1700-1800. In fact, I wouldn't be surprised if Platinum and Gold finish close together by the beginning of 2021 nearing 1700-1800 USD/oz.
One of most attractive parts of Platinum (technically speaking) is Gold and Silver move together, however, Platinum can move independently. Further, Platinum is "rarer" and "harder to mine" than Gold and Silver but typically doesn't act as a monetary hedge like Gold does. What this means is when its "time" for precious metals to run, Platinum can run parabolically at any-time.
In my opinion you can't go wrong investing in Gold/Silver/Platinum bullion and choosing 1 high quality mining stock of each.
A lot of people have messaged me asking to post my top performing sectors for 2020 and my list are as follows:
1) Canadian energy (Enbridge, TRP and Canadian Natural Resources)
2) IIPR (Cannabis REIT)
3) Precious Metals (Gold, Silver, Platinum)
4) US Technology
For Platinum the only stock you want to be in is Impala Platinum. And for Platinum bullion you want PPLT.
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Platinum
Franco-Nevada: Range Break-Out; Capital AppreciationFranco-Nevada continues to be one of my top stocks to be apart of for this impending precious metal run that I have forecasted for 2020. Whats interesting about FNV is it is fairly low in volatility and has none of the risk the mining sector can bring alongside, including that of high short interest.
With a portfolio also expanding into the energy sector, which is another one of my top performing sectors picks for 2020, I believe Franco will continue to post record numbers quarter to quarter and I am targeting at-least a $150 TP in the near-term.
This is one of the few stocks in the entire precious metals market where you can be comfortable investing tens of thousands of dollars in and not have to worry about losing 10% of your investment when God or Silver 'takes a break', unlike mining stocks.
We have recently broken out of quite a beefy-looking range and will race towards Franco's ATHs which will inevitably be broken.
If you have not already done so, I recommend investing in precious metals as soon as possible. Do not avoid Platinum, as it will be one of the forgotten assets that will soar in 2020 by at-least 25-30%.
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We hit XPT with 944. What's next?After our successful plan last time and hit even more than we anticipated. So what now? Our short term plan is to have a small correction as low as 915. Then we go up again for the midterm. As Platinum is quite volatile, short term against the main trend is very risky so we refrain from entering it.
With low leverage, it can be tried like this:
Entry: 935
Stop: 944
Final target: 919.
Remember that the bigger time-frames signal us that it will surge but the likelihood of correction before moving up is pretty high.
Silver: Descending Wedge Break-Out; Strong Upside 2020Silver and Gold formed descending triangular wedges and have broken-out of them recently. Gold changed its course from downside to neutral to upside back in November, while Silver has been meandering for longer. As of now, the trend for Gold, Silver and Platinum is up.
I am targeting quite a good year for the precious metals in 2020 and expecting Platinum to make a surprising surge at-least +25-30% to the upside before the end of 2020.
Look no further than the senior Gold stocks that have changed its course off a 180 degree sinusoidal pivot back from November. Unlike the "trade war" hype that pushed Gold and Silver up prematurely, this time in 2020, the real run will slowly commence.
Its time to begin loading up on precious metals if you have not already done so.
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PLATINUM PLAY WITH PENGUINS TOO ;) XPTUSD 14/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
PLATINUM: Metal To Invest In 2019
hey traders,
this year gold was and remains the most advisable precious metal for investment.
while everyone is looking at gold and wants to jump in an overheated market, I want you to have a look at platinum
three major things to know about platinum:
the market is bearish since 2011
the market has reached 2008's low this year
the market has broken above the major falling trendline
we have a great chance to buy platinum on a huge discount.
technically we see a lot of different signals indicating a shift in a market trend
and I would consider platinum to be a good alternative to gold (based on its current prices)
Let me know what you think!:)
XPT long entryWith the issues in South Africa ongoing, and the generally bullishness in the wider PM market (even if gold and silver are taking a breather here) this may be a good entry.
There has been a habit of lower highs and lower los since September when the initial PM bull run backed off a bit so a conservative target for XPT is around $950, more aggressively the $982 figure is also a possibility.
A stop at $860 or so is generous, but a tighter stop just under the 200 day moving average around $871 is also reasonable.
Platinum: TA for VIP memberHere's requested TA for one of our V.I.P members. We're don't trade this CFD so this is purley technicals on the fly. Plat is one where you have a falling wedge that could develop and a break above the upper trendline that could be of interest. For now its choppy and the risk is in the immediate future since we're still declining in the longtime time frame and that will continue to fall to the downsie (ownside break). Trade at your own risk!
Trading the Coming Pop in CommoditiesI don’t think its a coincidence that commodities across the board are looking bullish at exactly the same time as the economy is slowing down and the Fed is quietly conducting QE4. Fed bought twice as many bonds this month than their monthly total during QE3. October rate cut odds are at 90%.
I don’t think inflation is going to explode tomorrow but I do think its coming. When the Fed launches their new QE program that will be larger than the first 3 QE’s combined, inflation will definitely tick up.
DBC is not a long term hold due to decay, but it is a good way to trade commodities. I’m researching individual commodity companies to get maximum leverage during this next bull market.
Go take a look at natural gas, soybeans, corn, copper, platinum, silver. They all look ready to take off. The CRB index also looks ready to take off.
The relative strength index shows that commodities have strong support and are gearing up for a bull trend.
XPTUSD WE ARE STALKING YOU!AFTER A RECENT 500+ PIP TRADE WE HAD ON 12.11.2019, HERE IS MY PERSPECTIVE ON PLATINUM. I AM LOOKING TO TAKE ANOTHER ENTRY TO GO LONG. I HAVE BASED MY BIAS OF A WEEKLY/DAILY VIEWPOINT AS THAT IS WHAT I FIND WORKS WITH THIS PAIR. THE THREE LEVELS PLACED ARE THE MOST WELL RESPECTED RESISTANCE ZONES. PRICE IS CURRENTLY IN ONE OF THOSE LEVELS SO SHOULD SEE THE PULLBACK WE NEED TO EXECUTE THIS IDEA. TO VALIDATE THIS SETUP I WILL BE LOOKING FOR IT TO FOLLOW THE BLACK ARROWS ON THE CHART AND THEN GET PRICE ACTION CONFIRMATION ON 4HR CHART OR HIGHER. LETS SEE HOW THIS PLAYS OUT.
The Market is Severely Underestimating Inflation ExpectationsThe Repo market is proof that something is wrong with the system. It's an unsustainable system. Rates need to stay low and money needs to be printed in order to sustain this bubble - eventually this will create an intolerable amount of inflation.
As the market realizes that QE isn't temporary, that it is permanent until inflation is out of control, then inflation expectations will shift as people move into hard assets. While everyone's still talking about overpriced SPX and NDX, I'm bargain hunting in the metals market
Platinum is insanely cheap and looks poised for a surge. Platinum follows gold. Gold is broken out and headed towards $1700