023. PIGGISH PLAY - Staircase Long PPLT (Platinum)
When I fly Delta back in the day of organized air travel, I was this close to obtaining Platinum status.
Unfortunately, I was only able to achieve stupid Gold status, which is obviously not as good as Platinum.
Obviously.
Why on rare metal Earth is platinum/oz. nearly half the price of gold/oz. if Deltas platinum status is so much rarer to obtain than gold status?
Well, Platinum used to be priced higher than gold until the manic Palladium run began.
Some quick facts: As per the November report, Platinum demand greatly exceeds platinum supply in 2020 due to covid-related mine suspension. What's more, 2021 projections seem to extend this microeconomic imbalance into greater disparity.
This report catalyzed one of the more low-key massive mean reversions back to nearly double the current price. Add in some printing and some overshoot and ya got what parity should look like today against gold.
Long. Use options. Use equity. Go crazy with creativity. It's a metal, so those fib extensions will work no matter the EV of travel you choose to traverse the staircase of status.
- Pigs Fly Platinum
PPLT
PLATINUM
GOLD
SILVER
Unfortunately, I was only able to achieve stupid Gold status, which is obviously not as good as Platinum.
Obviously.
Why on rare metal Earth is platinum/oz. nearly half the price of gold/oz. if Deltas platinum status is so much rarer to obtain than gold status?
Well, Platinum used to be priced higher than gold until the manic Palladium run began.
Some quick facts: As per the November report, Platinum demand greatly exceeds platinum supply in 2020 due to covid-related mine suspension. What's more, 2021 projections seem to extend this microeconomic imbalance into greater disparity.
This report catalyzed one of the more low-key massive mean reversions back to nearly double the current price. Add in some printing and some overshoot and ya got what parity should look like today against gold.
Long. Use options. Use equity. Go crazy with creativity. It's a metal, so those fib extensions will work no matter the EV of travel you choose to traverse the staircase of status.
- Pigs Fly Platinum
PPLT
PLATINUM
GOLD
SILVER
Giao dịch đang hoạt động:
Gold, Silver, and Platinum look like they may go boom soon.
Giao dịch đang hoạt động:
This play is gold. Long and not touching the staircase anytime soon.
