Gold/Platinum Ratio Suggests Much Higher Gold Prices Are Coming

Gold/Platinum Ratio suggests much higher gold prices are coming

There is an interesting pattern developing on the Gold/Platinum Ratio. This pattern is similar to a pattern on the silver chart.

Below, is a graphic which features the Gold/Platinum Ratio chart (top) as well as the silver chart (bottom):

 

gold platinum ratio similar to silver chart

 

The graphic is self-explanatory, and indicates that the Gold/Platinum Ratio is in a position similar to where silver was at the end of January 2011. If the ratio was to continue to follow the silver pattern, then we could have gold being 1.7 times the value of platinum in this year. This is consistent with my expectation of a significantly higher “real’ gold price (relative to stocks and most commodities).

Note, that it is more probable that an increase in the Gold/Platinum Ratio would mean higher nominal gold prices, instead of lower gold prices. This is due to the fact that the recent decline in the ratio corresponds more with the correction in the gold price, since September of last year.

So, the Gold/Platinum Ratio also supports significantly higher gold prices over the coming months.

For more of this kind of analysis, see my Long-term Silver Fractal Analysis Report , or subscribe to my premium service .

Warm regards and God bless,

Hubert

https://hubertmoolman.wordpress.com/

hubert@hgmandassociates.co.za

“And it shall come to pass, that whosoever shall call on the name of the Lord shall be saved.”