Aberdeen Platinum: The Leading Performance Pick In Precious Metals

Over the last three months, platinum bullion products have taken the mantle as top ETF gainers in the precious metals space. In particular, the largest platinum trust creation, Aberdeen Standard Physical Platinum Shares (PPLT) has gained nearly 30% over 13 weeks.

Compared to precious metals bullion performance from Aberdeen Standard Physical Palladium Shares (PALL), iShares Silver Trust (SLV), SPDR Gold Shares (GLD), or the diversified resource owning VanEck Vectors Gold Miners ETF (GDX) and the VanEck Vectors Junior Gold Miners ETF(GDXJ), platinum is now the standout winner.

I talked about the incredible platinum undervaluation story vs. the other metals last year in a number of articles. My last effort here in early December explained the strong technical breakout taking place for platinum investors. The good news is platinum could run higher and faster than the other precious metal alternatives for several years. Based on 50-year average price comps against sister metal palladium, the monetary metals of gold and silver, plus the industrial stalwart copper, platinum can be argued as having a long-term relative worth in the $2,000-3,000 an ounce range today.