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Strategies & Market Trends : Ride the Tiger with CD

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To: ralfph who wrote (310256)7/6/2025 12:08:53 PM
From: Gib Bogle   of 313022
 
Re. platinum: From what I've been seeing, some believe that the price of Pt crashed because of widespread belief that catalytic converters would soon not be needed because everybody would be driving EVs. This was probably an over-reaction, because ICEs look like sticking around for the foreseeable future, and because many people are choosing hybrid EVs, which still need the converters.
The price of Pt has risen a lot in the past couple of months, and is at an ATH. It could go higher, of course, but looks risky to me. (My opinion is worth roughly what you paid for it.)

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