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Platinum has been one of the most hated metals over the last several years. The metal has been in near constant decline since 2011 when it peaked near 1900. This was down from the 2008 peak just above 2300. As of April 30, 2019, it’s trading around 890.
The following chart shows the performance of platinum futures (PL) relative to gold futures over the long-term. It’s not pretty. Platinum fell way harder in 2008 and…
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