Platinum nascent bull market

I’m a metals bug but haven’t been convinced of a full blown metals bull market since corona

Now I believe is time

Inflation is now dialled in, but they can’t keep raising ad infinitum else the web of debt financial system will collapse

It may be that endogenous financial ruin is part of the reset- but I don’t believe the comptrollers would risk their own wealth to do this

It will be more subtle

Platinum has the additional fundamental of green hydrogen

I think metals are preparing for a face melting bull run

Ofc this would require general sentiment to be mehish at best, which of course it is

The major downtrend is shown here in orange/brown

It’s had a few goes at breaking this

The corona low was a divergent low

I’ll be surprised if platinum doesn’t have a monster breakout this year

NFA

تعليق:

تعليق:

Whether platinum can bottom here this month depends on if we get a dollar rejection this week if not it will run into mid month at least (dollar) so miners and metals will get cheaper