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denby45
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Gold and Platinum

posted on Nov 16, 08 03:59AM

Guys

Did anyone else notice that the prices for gold and platinum are very skewed these days. Normally platinum should trade at almost double the price of gold. This is an anomily that can be capitalised upon. I reckon if you sell gold and buy platinum then no matter where the prices go (up or down) at some point in the future they will realign or move towards their correct differentials and bingo you are in the money. How long that will take is anyones guess and of course there will be costs associated with holding the pair. Difference between interest paid to you for gold and interest charged for platinum. However I presume the benifits will vastly outweigh the costs, providing the correction happens soon.

Any thoughts?

Regards

Den

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