Platinum An Undervalued Long Looking at platinum, particularly the physical platinum ETF AMEX:PPLT , AMEX:PPLT there are several technical and fundamental factors that make me bullish on this often-overlooked metal.
Precious Metal Rally: Precious metals like gold, silver, and even non-precious metals like copper have been
Key stats
About abrdn Physical Platinum Shares ETF
Home page
Inception date
Jan 8, 2010
Structure
Grantor Trust
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
ALPS Distributors, Inc.
PPLT tracks the spot price of platinum with its physically held platinum bars, located in JPMorgan vaults in London and Zurich. The underlying metal is priced off the London Platinum and Palladium specifications for good delivery, so expect a close relationship with spot prices. PALL is structured as a grantor trust preventing trustees from lending the underlying metal. On April 27, 2018, Aberdeen purchased the fund from issuer, ETF Securities.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
platinum Let's talk about #platinum.
What is platinum? Until a long time ago, it was a rare, scarce metal that was used in jewelry and some other technical applications.
It is still scarce but now its use is necessary in electric vehicle batteries. Almost all production is concentrated in #SouthAfrica.
It ha
Platinum (PPLT) rejects the 100 DMA....Dollar fell last week giving a bump last week but the 100 DMA was a cap looking for the PPLT to test the lower bound of an envelope....This would be a possible buying opportunity when the stock market corrects and get to a more buyable washout. Maybe we test 83 then 79 and if really bad news strikes
Shark?Or a Cypher. It depends when this reverses but I am watching both levels.
A shark can also go to the 1.113. The Cypher terminates at the .786 but is not as common as a shark.
Peak 2 is higher than peak 1.
Watching and thx again to nuggetrouble (o"
No recommendation/This may not be finished goi
Double Bottom on the horizonI wish gold and silver looked as good. Given where it's started, 50 will be a fantastic place for investors, esp for newbs who are looking for a place to start slow, and build. The only thing is, the liquidity of this Aberdeen fund is thin and often volatile. Much success.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.