The platinum price will therefore tend to be affected by the performance of car manufacturers. When Volkswagen’s emissions scandal came to light in 2015, demand for diesel engines started declining. See why Barron's believes that investors are ignoring those threats but that may soon change.Surviving the past 100 years has not been easy, particularly for public companies. The company credits stronger demand for broadband and connectivity products starting 2Q20 as the driver of the gains.Suji DeSilva, 5-star analyst with Roth Capital, is flat-out bullish on this stock, and his commentary makes that clear. It's a home security system that's built for the unexpected like downed wifi, cut landlines, power outage, hammers, and everything in between. The automobile industry relies heavily on platinum to make catalytic converters for cars, buses and trucks to reduce emissions. In times of poor economy, demand for vehicles, turbine engines, and heavy machinery declines. And investors remain strongly conditioned by a powerful mix that has served them extremely well so far: TINA (there is no alternative to stocks) fueling BTD (buy the dip) behavior in response to even the smallest market selloffs, especially given FOMO (the fear of missing out on the recurrence of impressive market rallies).As valid as these considerations are at this moment of time, they also warrant a close monitoring of the yield curve for U.S. government bonds. The chief economic effect of the lockdown policies, in Golub’s view, is “a likely avalanche of pent-up consumer demand [which] cannot be ignored.”Describing that demand, Golub says, “We are going to have the largest stimulative event in the history of the planet in the second half of this year…” The strategist sees now – before the second-half takeoff – as the to buy in. This company is a real estate investment trust with a twist – it focuses on properties in the medical-use cannabis sector.Like most REITs, IIPR acquires, owns, manages, and leases properties – but its target customer base is composed of experiences, state-licensed, medical cannabis operators. At about $2,500 (£1,922) an ounce of palladium is more expensive than gold, and the pressures forcing its price up are unlikely to ease anytime soon. As such, platinum jewelry costs more than gold, not only because it is 60% heavier (a 10 gram ring vs. a 16 gram ring noted in #1 above), but those grams of precious metal are more pure, and therefore, more valuable and costly in platinum compared to gold. Central banks also store gold in their official reserves because of its perceived value as an alternative currency. Gold has risen nicely since the meltdown following Lehman's collapse, with the gold price in dollars rising 130%. Despite being stronger and more durable, platinum is a softer metal than 14k gold. Remarkable difficulties exist in its mining and production, with more than 130 metric tons of new platinum reaching the world market each year; that figure is less than 5% of gold production. Aside from assuming that platinum is a superior metal, have you wondered exactly why platinum gets the higher ticket price in the jewelry industry? Platinum is cheaper than gold if the ratio is above 1, and vice-versa. When the cost of Gold exceeds the cost of Platinum, our Platinum engagement rings remain more expensive due to the higher density and additional weight compared to 18ct Gold. Though it serves as a hedge against inflation, it doesn’t have growth potential. More platinum is needed to make a ring though, causing the price to be 40-50% more. The higher the actuarial value (i.e. As a result, platinum prices fell as much as 15% within three months. * Source: Experian Hitwise - UK Internet Visits (January 2019 - January 2020). When South African mines faced power delivery problems, platinum prices skyrocketed to $2,252 per ounce in March 2008. The threshold quantity varies by type (such as album, single, music video) and by nation or territory (see List of music recording certifications). And palladium is even rarer than that. If the stars don't align, the resulting "tax bomb" could cost you thousands. The reverse is observed during periods of sustained economic growth. The content is intended to be used for informational purposes only. Jewelry accounts for nearly half of the gold demand worldwide. It's more than "interesting" that platinum prices are lagging gold. There was a slight earnings dip in Q1 and Q2 of 2020, during the height of the corona panic, but the company’s Q3 EPS reversed that, and the 86-cent print was up 59% yoy.Piper Sandler analyst Daniel Santos sees momentum building in the cannabis industry, especially now that the Senate has shifted to Democratic control. So says "Oldies but Goodies: Some Century-Old Stocks Still Deliver" by Al Root and Jacob Sonenshine. The startup already has $2.3 billion in funding through equity and debt financing.The California-based company said it would start selling its EV sport utility vehicle, called FF 91, a year after the funding deal closes.Property Solutions raised $230 million in a July 2020 initial public offering and earlier said it would be targeting the real estate industry, Bloomberg reported. His Absence Is a Deal Breaker for Alibaba Stock," Jack Hough claims that while internet giant Alibaba Group Holding Ltd (NYSE: BABA) is a fast-growing juggernaut, the risks from a Chinese government crackdown are too great. Precious metal prices can be volatile and the value of your metal may go down as well as up. Investors Are Already Looking Past It" by Nicholas Jasinski discusses why investors likely will pay more attention to how management teams at the likes of Caterpillar Inc. (NYSE: CAT) and General Electric Company (NYSE: GE) address the post-pandemic future. So platinum jewelry is a much purer and denser metal-type than gold. Because precious metals are sold by weight and not by volume, one ounce of platinum is smaller in size than one ounce of gold. Both gold and platinum have their own unique qualities. The precious metal has catalytic properties that make it especially useful to the automotive industry Control of Congress is a necessary precondition. Wayfair Up 1,000% in 2020. Platinum is approx 59% heavier than 14ct Gold; Platinum is approx 34% heavier than 18ct Gold. The article shows how and explains why it matters. Platinum is less prone to bending, so if the diamond is claw set, then it will take a little more force to say bend the claws than 18kt white gold. The latter is consistent with the considerable market chatter about how government bonds, being so highly repressed by the Fed and facing an asymmetrical outlook for yield moves, are no longer ideal for mitigating risk.An intensification of the recent moves in yield curves in the weeks ahead would be concerning for both policy makers and risk takers in markets. "For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. The firm’s chief US equity strategist has raised his 2021 year-end outlook, bumping it up from 4,050 to 4,200.Golub points out, first, that the Democratic candidates won both of Georgia’s Senate seats in the recent runoff vote, a development that gives the Dems effective control – albeit at the narrowest of possible margins – of both Houses of Congress. It is very important to do your own analysis before making any investment. Because it's less malleable, platinum is a more difficult material to work, so the cost of labor that ⦠“We believe MXL represents a differentiated investment opportunity in broadband and networking RF and mixed-signal opportunities. Being about 20% denser than white gold, platinum is about two-and-a-half to five times more expensive than white gold. Some parts of this page is not supported on your current browser version. So do its prices. A good example that demonstrates this relationship is the scandal involving Volkswagen cheating on emissions tests towards the end of 2015. But the yellow metal logged an 18.9% return in 2019. Platinum Prices vs Gold Prices. The auto industry also affects platinum prices because it accounts for nearly half of the world’s platinum consumption. The yellow metal also has applications in dentistry, electronics, and aerospace industries. Can I still buy a home? Gold prices have gone up because of the US-China trade tensions and poor global economic growth. Gold Vs Platinum Price Chart Saturday, 9 January 2021. A significant continuation of recent trends would challenge the Fed, investors and the economy.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Mohamed A. El-Erian is a Bloomberg Opinion columnist. Q: Is Italian gold worth more? Amazon and Tesla Have Been Great Long-Term Stocks. Why are gold and platinum so valuable? Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on five names. One Boston professor has found what could be the next big winner. The supply of platinum is much lower vs that of gold. It causes platinum prices to fall. Meanwhile, growth prospects have deteriorated in the shadow of the recent spike in infections, hospitalization and deaths related to Covid-19. (See IIPR stock analysis on TipRanks)Par Technology Corporation (PAR)Par Technology provides support in the hospitality industry, making software, hardware, support services, and other resources available. At the top of this tree sits platinum, the shiny white metal which is recognised globally as an even higher symbol of quality and value than gold. But other precious metals such as platinum and silver have their own place in a savvy investor’s portfolio. Both gold and platinum are highly liquid assets. A ratio above one means that platinum is worth more than gold. Past performance, of course, is no guarantee of future gains, but the stocks that have achieved swift growth in recent months are a logical place to start looking for tomorrow’s winners. But currently, the ratio is around 1.6, which means platinum is cheaper and more attractive. Another aspect to consider is that only two countries – South Africa and Russia – produce platinum. The incoming Biden Administration has pledged itself to both sign an upsized COVID relief package and to reverse President Trump’s policies. The shares are up 81% since this time last January, and that timeframe includes sharp losses last February and March. Historically, the ratio has been below 1, meaning the price of platinum has been higher than gold. As of July 20, 2020, gold was trading at $1,851 an ounce compared with $957.40 an ounce for platinum. You take a distribution from your traditional IRA or 401(k) and contribute that money into a Roth IRA. Music recording certification is a system of certifying that a music recording has shipped, sold, or streamed a certain number of units. Is This Stock Next? The Fed has few tools, if any, to guide the economy out of such an operating environment. Gold vs Platinum The gold: platinum ratio is the best way to observe the relationship between the two metals’ prices. Gold becomes the investment of choice when inflation runs high. The company’s portfolio is made up of industrial greenhouses, leased as growing facilities for medical cannabis providers.The value of this niche is clear from the stock performance. We aim to dispatch all new orders within 2-4 working days - Click here for more information, Call us: 0121 634 8060, 7 days, 7am - 10pm. Palihapiya has plans to bring companies public using SPACs named alphabetically from IPOA to IPOZ. This is because on a molecular level there are more and smaller molecules packed into that little bit of space in platinum. Six of the first SPACs have launched, with three closed and one with a pending merger. Social Capital Hedosophia Holdings Corp V (NYSE: IPOE) announced a merger with SoFi last week.Palihapitiya has also invested in SPAC deals involving MP Materials (NYSE: MP), Desktop Metal (NYSE: DM) and INSU Acquisition Corp II (NASDAQ: INAQ) target Metromile.Related Link: Chamath Palihapitiya's IPOD, IPOE, IPOF SPACs: What Investors Should KnowSocial Media Pioneer: Prior to launching Social Capital, Palihapitiya was the most tenured original senior management team member of Facebook. While at Facebook, Palihapitiya held roles helping with mobile and international growth, and had the role of vice president of user growth before departing. This means that its value will typically show a closer correlation with the performance of the global economy. Gold is the granddaddy of precious metals, at least from an investment perspective. Platinum settings are more valuable than white gold because platinum is mined in smaller quantities and is denser than white gold. Yet tax increases and greater regulation also are likely under the incoming administration of President-elect Joe Biden. The shift to remote work and virtual schools has put a premium on fast and reliable connections, which in turn has increased demand for the underlying chipsets. It is the versatility of platinum that makes it one of ⦠Upkeep for platinum tends to be higher, because it must be cleaned and polished regularly to maintain its smooth appearance. If anything, the Fed’s willingness to expand its balance sheet without limit reinforces the notion that there is a steady and reliable noncommercial buyer of government bonds. Platinum is used in jewelry because of its durability and ability to last a lifetime. Only 160 tons of platinum are mined annually, as opposed to 1,500 tons of gold. The Federal Reserve cannot print more of them. Disclosure: I own some physical gold. As of this writing, platinum is trading at $986.31 per ounce vs gold’s spot price of $1,568.40. The historic ratio chart will demonstrate that the platinum price has rarely fallen between that of gold and, given their relative availability in the world, it would be safe to assume that any fall in platinum below gold’s value should only be a temporary one. A 20-year chart of the most-active palladium, platinum and gold ⦠His books include "The Only Game in Town" and "When Markets Collide. It is a very dense and heavy metal, so a platinum ring will feel heavier than an 18K gold ring. We use cookies to give you the best experience on BullionByPost.co.uk and to customise marketing content.By continuing, you agree to our use of cookies - find out more here. Over the years, Palihapitiya has discussed that cars are "only the first wave of growth" for the company. But with the Fed not only committed to maintaining its large-scale asset purchases but also open to increasing it and shifting more of the purchases to longer-dated securities, such a prospect should not have an immediate significant impact on yields.The most likely drivers, then, are expectations for higher inflation and more hesitancy on the part of Treasury buyers. The two main differences between platinum and white gold are the composition and price. Gold Vs Platinum Price Chart Saturday, 9 January 2021. When the ratio is above 1 it means that platinum is cheaper than gold. Currently, platinum’s price per ounce stands at $892 (subject to change) but this wasn’t always the case. We expect MXL’s fundamentals to benefit from acquisition accretion in CY21,” DeSilva opined.DeSilva puts a $50 price target and a Buy rating on MXL shares. That means itâs 4 times less likely to scratch, dent or bend like gold will. So what are the best stocks to buy now or put on a watchlist? The investor no longer holds any Bitcoin but is investing in companies that own Bitcoin as its easier to manage shares instead of coins or wallets, according to Palihapitiya.Bitcoin could go to 200,000 in the next five or 10 years, Palihapitiya said in a recent CNBC interview.Amazon Inc (NASDAQ: AMZN) could be worth $3 trillion by 2025, Palihapitiya said in 2016. Barron's Picks And Pans: Dividend Aristocrats, Alibaba, GameStop, Walmart And More, Bearish Bets: 2 Stocks You Should Consider Shorting This Week, 3 Electric Vehicle Stocks That Could Boom In 2021. Benzinga does not provide investment advice. The ultimate guide to investing in GoldRead Investment Guide, The latest Gold and Silver news and commentary. During unstable economic conditions, they rush to buy gold, which pushes its prices higher. So it shares no common drivers with gold, and there's really no reason why platinum should be more expensive than gold. The former is supported by moves in inflation break-evens and other inflation-sensitive market segments. While the key differences between these two precious metals are composition and ⦠That was a 197% year-over-year gain. Benzinga readers and investors might know Chamath Palihapitiya best as the "SPAC King" and for his role in the SPAC boom of 2020. Platinum is much rarer than both gold and silver — so rare, in fact, that all of the platinum ever mined could fit into your living room. Gold vs Platinum The gold: platinum ratio is the best way to observe the relationship between the two metalsâ prices. A supply issue in one country is unlikely to have a huge impact on prices worldwide. Unlike gold, platinum is highly malleable. “Valuable” is not always an easy word to agree on. It’s also far more difficult to extract than the yellow metal. Gold trades based on investor sentiment, not on supply and demand. (To watch DeSilva’s track record, click here)All in all, the word on the Street rings largely bullish on this chip maker, with TipRanks analytics demonstrating MXL as a Moderate Buy. Platinum, the ultimate precious metal; rarer, stronger, heavier and more expensive than gold. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break then those of a gold engagement ring. Remarkable difficulties exist in its mining and production, with more than 130 metric tons of new platinum reaching the world market each year; that figure is less than 5% of gold production. (To watch Santos’ track record, click here)Overall, IIPR has 7 recent reviews on record, breaking down to 5 Buys and 2 Holds, giving the stock a Moderate Buy analyst consensus rating. Why Platinum is Worth More Than Gold . When the ratio is above 1 it means that platinum is cheaper than gold. What happens in these two countries will have an impact on platinum prices worldwide. White gold is comparable to other types of gold with the same purity. Currently, gold costs around $1,300 per ounce, while the going price for platinum is $850 per ⦠Or the two countries could join hands to artificially inflate the platinum prices. As an investment, platinum doesn’t have as long a history as gold, which has been facilitating trade since ancient civilizations. At 24 karats, the Maple Leaf is .99999 fine, or essentially pure gold. More precious than silver, rarer than gold, platinum's preciousness and relative rarity compelled King Louis XV of 18th century France to declare it the only metal fit for a king. Demand for diesel engines was hit hard by this scandal. But currently, the ratio is around 1.6, which means platinum is cheaper and more attractive. And yes, it is rarer, and it is pretty. Platinum has a much wider application in the industry vs gold. See what Barron's thinks comes next for Facebook, Inc. (NASDAQ: FB), Twitter Inc (NYSE: TWTR) and their peers.In "Where Is Jack Ma? Dozens of countries including China, the US, Australia, India, Canada, and others produce the yellow metal. Innovative Industrial Properties (IIPR)The growing normalization of the cannabis industry in the US has opened up a range of opportunities for forward-looking businesses. When the ratio is above 1 it means that platinum is cheaper than gold. Its supply is extremely restricted. Platinum jewelelry is consequently more expensive than gold jewellery. The yellow metal is durable, malleable, and it acts as a hedge against inflation. Where do electric cars fit into the picture? As precious metals, they are both extremely rare to find platinum more so than gold and have a number of properties that make them very useful, as well. The gold to platinum ratio is a useful tool to refer to when deciding which of the metals is the better investment. 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