PLATINUM

GOLD/PLATINUM RATIO HAS SIGNALLED IT'S GOING LOWER IN SHORT TERM

GOLD/PLATINUM RATIO gas given a short term sell signal which may possibly be the start of a long term trend reversal.The ratio peaked at 1.431 September 1982 and bottomed at 0.436 February 2001 and has since recovered to a high of 1.145 July this year...the average for the ratio since March 1975 is 0.807 which means that the current level of 1.072 is 33 percent above the mean, reason enough to revert.

PLATINUM/GOLD RATIO TO FALL

The PLATINUM/GOLD RATIO has triggered a sell signal...you can see this in the lower half of the above chart which shows that the ratio has violated its uptrend...when both PLATINUM and GOLD rise this ratio rises and falls when they both decline. The upper half of the chart shows that PLATINUM failed to get through its previous peak and has since declined to encounter its uptrend...if it drops through the 1600 level it should continue down.