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Platinum (PLN6)

Real-time derived
Symbol
Exchange
Currency
PL·Derived·USD
PTRTSc1·Moscow·USD
JPLc1·TOCOM·JPY
PLc1·CME·USD
PLc2·CME·USD
PLc3·CME·USD
PLc4·CME·USD
PLc5·CME·USD
PLc6·CME·USD
PL1!·CME·USD
Currency in USD
2,129.45
+28.75(+1.37%)
Real-time Data·

Platinum Futures Discussions

see my important note on GoPro's forum.
guys I am very bullish on Platinum and having looked at the long-term charts in the last few days I've come to the conclusion that we can see $20,000 ti 25,000+ Platinum not in the so-distant future. the billionaire oligarchs are buying up all precious assets hands over fist. silver has gone up 500% or more since it broke out and yes now it's only up 300% yet Platinum has only gone up 100% from its breakout level after reaching approximately 200%.. so Platinum has a lot more territory to make a lot bigger runway than any of the other precious metals.
this said my initial Target is 5400 to 5800 approximately. I need downside for me would be a sell the farm and load up situation no questions asked.
SouthAfrica’s mining sector delivered a stronger-than-expected performance in February, with output rising 9.7% year-on-year as platinum-group metals (PGMs) led a broad-based recovery. This is according to the latest data from Statistics South Africa. The increase comfortably exceeded forecasts and was driven primarily by PGMs, where production jumped by more than 50% compared to a year earlier. That surge reflects both higher global prices and a recovery from disruptions caused by flooding in Limpopo in early 2025. The strength was not limited to platinum. Chromium production rose nearly 30%, while manganese output increased by 17.8%, and gold by 12.8%, signalling a wider upswing across key mining segments. The value of minerals sold as a whole jumped by 58.3% year-on-year in February, with PGM sales increasing by 132.1% while gold sales increased by a whopping 397.6%. The result is a sector that could once again provide meaningful support to public finances. However, analysts cautioned that the improvement may prove short-lived. February’s figures do not yet capture the impact of higher fuel prices following the ongoing Iran conflict, which has pushed oil above $100 a barrel and is expected to raise operating costs for miners. For now, the data point to a booming sector, but the coming months will test whether rising input costs begin to erode those gains.
trying to shakeout weak hands under 2100. Small dips before the big rip
I dont think u will want to be in stocks for much longer. they will continue to go up, but not in real terms. commodities will be the better plays for the balance on the decade and into the 2030s IMO.
PLATINUM Target: $5441 to $5860
MRNA Target between $100 and $150. Note: all these targets are initial targets and these stocks can extend well beyond my target price is.
EWZ Target $426
426? That's an insane target ! What is the time horizon for that ?
NIO Target: $170
NKTX: Target between $10-$16
GPRO is behaving like GameStop did with a potential monster short squeeze.. even if you don't agree with me, buy some and put it away
already up 20% in pre-market. hope some of you at least took advantage of this, but if not don't worry. this is going to somewhere between $6 and $12.
TheGlobe Trade If it turns out to be another GameStop the sky's the limit? yes, possibly based on hype and bullshit but that's how things happen sometimes.
TheGlobe Trade Target Correction: $4-$6 (GPRO). still not bad. That's a quadruple from current level.
5 New or updated recommendations You're welcome!
MRNA Strong Buy
NIO Strong Buy
NKTX Sttong Buy
EWZ Strong Buy
EWZ Strong Buy
GPRO Strong Buy
precious metals in general are repricing and sitting in new base at a higher level from which they will continue to run higher. so you can pretty much start accumulating at this level. looking for another double.
buy platinum and double your money in a year or two. dont over think it. try to trade it on both sides and lose or leave money on the table. the more you trade, the less you make.
Great battle at 2060 ish ! Who is likely to win? Bull or bear?
Who is going to win BIG this time ?
is this still set up to go higher tsc? I bought on your call where should I put a stop?
I think PL is going higher. I am a human. Imade many mistakes and wrong calls too. I suggest proceed with a SL that you are comfortable with. All the best !
somebody needs to do a wellness check on sracka losses, guy is clearly not taking his meds again🤣
Set up to go higher!
stair stepping back up higher highs higher lows. Very positive.
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