Steve Penny, Publisher of the SilverChartist Report, joins us to share a handful of charts (all posted below so you can follow along) starting off with the longer-term platinum : gold ratio chart that has an interesting technical setup. Next we look at the platinum : silver ratio chart highlighting the price action building energy in the compression triangle and the potential for a break out. Then we look at a platinum to commodities chart, showing just how undervalued it is relative to almost all the other resources. Steve shares the ways he likes to get exposure to the platinum sector.
We turn our attention next to the precious metals with a gold : Dow ratio chart and a silver : Dow ratio chart, and review the key fundamental catalysts that may provide the impetus for the PMs to outperform the general equities markets. We wrap up with a look at a copper : gold ratio chart, and discuss how oversold Copper was from a longer term perspective, and that the more recent bounce in copper relative to gold was not surprising. Steve believes a reversion to the mean is quite likely in all the charts shared.
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