Sell Platinum / Buy Gold
We are advising holders of platinum to switch out of the white metal and into gold.
We are advising holders of platinum to switch out of the white metal and into gold.
While most investors are familiar with investing in gold and silver, there are other precious metals such as platinum and palladium that are less obvious but nevertheless just as valuable. Indeed research has shown that inclusion of these so called “white metals” can increase a portfolio’s performance whilst at the same time adding valuable diversification benefits and reducing the portfolios volatility.
Increasing demand from green technologies, falling supply due to underinvestment, the “consumption” of mined silver in industrial processes and a historically massive deviation from the average gold silver ratio all point to a rising silver price from its current level of $16.30/oz.
In fact, many silver bulls are predicting the metal rising 10x between now and the end of the commodities super cycle expected to run until 2015. Considering its record high of $49.45 reached in 1980 is $100/oz today in inflation-adjusted terms, that target does not appear so fanciful as it first seems.
On top of that the mind-blowing quantitative easing programmes, loose monetary policies and record deficits resulting from government attempts to pull the world’s economy out of its worst recession since the 1930’s are by their very nature highly inflationary. This is an environment that favours precious metals as an asset class.
Technically silver is at the lower end of its rising trend channel and within touching distance of its 200 day moving average. We believe now is a great time to buy at these levels.
Whilst we still believe that gold is a core holding in every balanced portfolio, we believe that silver has even more room than gold for appreciation. So while gold’s bright prospects are in part the result of dark, economic “clouds”, don’t forget that those clouds are also likely to have a silver lining.
For investors looking for capital growth or diversification within a balanced portfolio, we recommend an allocation of 5% in ETFS Physical Silver (PHAG.L).
Please find an article on gold that was published in the Gibraltar Chronicle this month.
Please find an article on oil that was published in the Gibraltar Chronicle this month.
Gibraltar Asset Management is a trading name of Gibraltar Asset Management Limited
Authorised and regulated by the Financial Services Commission
World Trade Center, Suite 5.28, Gibraltar
Phone: +350 20075181 | Email: gam@gam.gi
Registered Address: World Trade Center, Suite 5.28, Gibraltar. Number: 18064.
Your privacy is important to us. Please read our Privacy Policy for further details
© 2021 Gibraltar Asset Management Limited
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click "learn more" to view our Privacy Policy!
OKLearn MoreWe may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.
We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
You can read about our cookies and privacy settings in detail on our Privacy Policy Page.
Privacy Policy