Platinum: Position Changes Today

I got out of my platinum position. It actually looks quite good on the chart, and I wouldn't be surprised if it continues to move up.

I got out of my platinum position. It actually looks quite good on the chart, and I wouldn't be surprised if it continues to move up. But that's not how I trade. I look for long run fundamental under or overvaluation. Here's a long run chart of platinum in constant 2016 dollars:

So platinum is still pretty expensive on this basis. Not for me.

I also added to POT and uranium (CCJ); these are cheap. The basis for the POT investment is the same as my DE one.

Disclosure:

None.

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