That just makes it a better investment over time. However, platinum is considerably rarer than gold and silver, and so scarce that some say the entire amount of metal ever mined might fit in a large living room. Extraction difficulty is another factor in pricing. This is because the amount of gold available exceeds that of platinum. The dividend reduction also keeps the dividend yield in line with historical values (with the shares down this year, the yield was artificially inflated), and affordable at current income levels. Similar to gold and silver, platinum is purchased and sold as a commodity all across the globe. These assets include pipelines, terminals, and storage tanks for natural gas and crude oil. It follows other tech innovators in de-emphasizing their California roots. Both gold and platinum are highly liquid assets. So it shares no common drivers with gold, and there's really no reason why platinum should be more expensive than gold. Disclosure: I own some physical gold. In the present economic scenario, platinum is vulnerable to fluctuations in both supply and demand. Of that total revenue, the company saw a gross profit of $25.1 million, for a 30% gross margin. The current way... Norway, through the virtue of its highly advanced investment strategy into technology, has become one of the most important and most respected technological drivers... Gold vs. However, the main customers can be categorized into either industrial players or investors. Yes, the premium of gold over platinum could go higher. ""We continue to view the opportunity in ORCC shares as attractive due to: 1) strong credit performance and expectations; 2) a well-positioned balance sheet; 3) the earnings scale-up as leverage moves to the target 1.0x by 2H21; and 4) an increase in the yield profile of the portfolio through a higher mix of unitranche loans," the analyst concluded. The announcement helped to stabilize Homology’s stock value after the Q3 net loss of 62 cents per share. "Benzinga's Take: DoorDash and Airbnb are both tremendously successful and popular companies. That year, Oracle opened a campus in Austin, featuring an on-site apartment building for employees, in an effort to recruit a younger and less costly workforce. zergnet.src = (document.location.protocol == "https:" ? The reason for this is that gold is mined more worldwide than platinum. Platinum, on the other hand, isn’t as recognized. The company is organized into three overarching segments: productivity and business processes (Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics); intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server); and more personal computing (Windows Client, Xbox, Bing search, display advertising, Surface laptops, tablets and desktops). Investment opportunities arise when there are divergences in the gold-platinum ratio (price of gold divided by price of platinum). For the year to date, the company has seen awards totaling $1.9 billion, which is up 5% from this time last year. About 30 times rarer than gold! Buy), and his $14.50 price target suggests a 13% upside in the coming year. Homology plans to advance the trial into dose expansion cohorts in early 2021.”Biegler is optimistic on Homology, as is clear from his $27 price target. You can invest in gold by purchasing jewelry, coins, bars, bullion, derivatives, futures contracts, and gold ETFs. During unstable economic conditions, they rush to buy gold, which pushes its prices higher. When people think about investing in precious metals, they typically think gold and silver, but there are other elements in this group that may also deserve your consideration.Platinum and palladium are two in particular which have gained popularity as an investment option for precious metals enthusiasts. If you look at the material value of precious metals, platinum sits at the top. Although OHI’s tenants have generally performed well during the pandemic, an increase in demand would be a derisking event… We believe OHI deserves a slight premium to its three-year, pre-pandemic comps given demand tailwinds. The Chinese electric-vehicle makers’ American depositary receipts have soared this year on hopes for the growth of China’s electric-vehicle market. Both gold and platinum are shown in US dollars per troy ounce. Focusing on the Dyal Capital announcement, Ryan noted, “While it is important to distinguish that this merger is between the management companies, not the BDC directly, and ultimately we do not expect much change, we do think a transaction could represent a positive outcome for ORCC shareholders over time. Learn more today about receiving stock and market data through APIs. When people think about investing in precious metals, they typically think gold and silver, but there are other elements in this group that may also deserve your consideration.Platinum and palladium are two in particular which have gained popularity as an investment option for precious metals enthusiasts. var znscr = document.getElementsByTagName('script'); (C) 2020 Benzinga.com. As a result, platinum prices fell as much as 15% within three months. This company’s performance, including the reliable dividend, prompted JMP analyst Aaron Hecht to rate OHI an Outperform (i.e. However, while such a statement would not necessarily be false, gold bars and coins are not the only option you should consider for your investment portfolio. This chart compares the performance of the S&P 500, the Dow Jones, Gold, and Silver. Platinum VS Gold Prices and Investment Read. They already don’t owe anything, so the revenue loss would be close to zero. Prices may stay low or drop even lower than the cost of gold. Platinum: Which investment is better? As a result, Platinum prices can be directly impacted by the progress of these individual industries. Wars and geopolitical tensions also prompt investors to seek refuge in the yellow metal. After all, we already pay tax in our countries of residence, which tend to have higher rates than the U.S. We can take these foreign taxes as a credit on our U.S. returns, so most of us never owe anything to the Internal Revenue Service. The company serves both military and commercial markets, meeting the growing need for secure communications links.The anti-coronavirus shutdown policies have particularly hard on ViaSat. Experts posit that platinum is about 15–20 times scarcer than gold, on the basis of annual mine production. Investing In Platinum Vs. Gold: Lower Premiums. This gives the impression that platinum is better than gold. All three companies are now priced for perfection, and taking profits seems prudent. Under the agreement, Pfizer purchased 5 million common shares of FIXX at a set price of $12 each.Coinciding with the Pfizer agreement, Homology also announced that it will be progressing with the pheNIX gene therapy clinical trial for PKU treatment in adults. In this gold vs platinum comparison, let’s check out which precious metal is a better investment and why. But currently, the ratio is around 1.6, which means platinum is … The chart below shows the daily gold vs platinum chart, representing platinum value vs gold value over the past 5 years. America's top accountant says the "Work From Home" (WFH) economy is about to dramatically change our lives -- and you can get his top pick for free. Palantir Technologies Inc. has relocated to Denver this year, from Palo Alto, California.Tesla Inc. co-founder Elon Musk said this week that he’s moved to Texas to focus on big projects under way for Tesla as well as Space Exploration Technologies Corp., which he also runs. With so much in your inbox, we urge you not to forget about one large group of Americans: us.We’re U.S. expats, and there are 9 million of us. Some investors believe these two growth stocks are just getting started, while others are skeptical of the stocks' massive valuations.Buffett On Uber: Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO and legendary Wall Street investor Warren Buffett hasn't weighed in on DoorDash and Airbnb specifically, but he spoke about another high-profile IPO in Uber Technologies Inc (NYSE: UBER) back in 2019. Benzinga does not provide investment advice. We can’t invest or save for retirement like our neighbors or other Americans because either the U.S. or our country of residence won’t recognize the other nation’s financial products and rules. The value of ET’s services is clear from the company’s $18 billion market cap and $54 billion in annual revenues.That value, along with the effects of the health and economic crises of 2020, are also clear from the company’s recent third quarter earnings release. Pfizer stock was under pressure in mid-December as investors awaited a Food and Drug Administration decision over its BioNTech-partnered coronavirus vaccine. GOLD - I think Gold will go up, but much much less than the other 2. Platinum is also valued by the investing community for these reasons: Platinum is approximately 15 to 20% scarcer than gold Supply and demand are relatively specialized and stable This precious metal can also be a collectible and store of value. This has pushed the stock’s trading price, currently $37.69, slightly above the $36.88 average price target. It could be years before you see an upturn. However, platinum is considerably rarer than gold and silver, and so scarce that some say the entire amount of metal ever mined might fit in a large living room. (See REPH stock analysis on TipRanks)Homology Medicines (FIXX)Homology Medicines works on the research and creation of new genetic medicines. Platinum is very rare. Try Not To Gasp, These Chains Are Closing For Good. On the negative side, revenues were down 26% from the year-ago quarter, while EPS was down 18%. The value of platinum correlates to the performance of the wider economy. Quarterly revenue hit a company record, of $82.8 million, which was up 10% sequentially and 44% year-over-year. This is mainly due to mining. We are buyers of the stock…” In the meantime, OHI has a Strong Buy rating from the analyst consensus, based on 8 reviews breaking down to 6 Buys and 2 Holds. As investment precious metals, the prices of gold, silver and platinum will tend to be positively correlated, meaning that their prices will tend to move in the same direction as each other. (To watch Cusick’s track record, click here)Overall, the stock has 5 recent reviews, including 3 Buys and 2 Holds. Investors can also purchase platinum exchange-traded products or platinum certificates to avoid the risks and costs associated with the transfer and storage of physical bullion (although platinum is more dense than gold, therefore, it occupi… Now lawmakers are hoping to pass another bill to push distributions up even further, to age 75. Most people are celebrating. Investing In Platinum Vs. Gold: Lower Premiums. Platinum is a silver-colored heavy metal used in automotive parts, jewelry, and electronics. Platinum basically peaked in early 2008, then valued over 2Xs that of near $1,000 oz gold, whereas now the situation has almost flipped entirely. We believe Pfizer’s decision was spurred by updated clinical data from the PheNIX trial of HMI-102 presented last week, which showed encouraging signs of phenylalanine (Phe) reduction in two PKU patients. Fortunately, Wall Streets analysts are busy separating the wheat from the chaff among the market’s low-priced stocks, and some top stock experts have tagged several equities for big gains. Buying Platinum vs Buying Palladium. At the same time, we see a long-term government systems tailwind driven by the company’s radio portfolio, mobile broadband, and SATCOM.”In line with his bullish comments, Cusick rates VSAT shares an Overweight (i.e. Many investors are drawn to dividend stocks because they offer a regular flow of cash that doesn't depend on the market going up. Gold’s status as a safe haven pushes its prices up during periods of economic uncertainty. ORCC is trading at $12.78, and its $13.90 average price target implies ~9% upside. The prospect of an early vaccine is bullish for the markets, and has investors looking forward.Oppenheimer’s Chief Investment Strategist John Stoltzfus, looking at the market’s big picture, wrote recently, “In the week ahead investors will have plenty to ponder. However, platinum is considerably rarer than gold and silver, and also has industrial uses. Calculating the yield by the regular dividend, we find it at 9.6%, based on an annualized rate of $1.24 per common share. Platinum is as cheap as it's ever been compared to gold At one stage yesterday morning, platinum sunk below $800 an ounce. What are the fastest-growing stocks to watch in 2021? More than 75% of global platinum is mined in South Africa. "WFH" Stocks Primed to Soar in 2021, Beware: These states are the worst for retirement taxes, From Elon Musk to Oracle — the coronavirus accelerates California exodus, Suze Orman says these are the biggest money no-nos, 2.18% FIXED Mortgage Refi, No Hidden Fees/Points, Oppenheimer Says These 2 Stocks Could Spike Over 100%, 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’. Main customers can be directly impacted by the progress of these individual industries media led! Cost, and includes the larger company purchasing 5 million shares of FIXX Colorado. Florida, and sometimes that reason is fundamental unsoundness bullion, derivatives futures. Engines started declining their California roots be hurt in South Africa and Russia considered... Cost so little to help so many with such negligible fuss before any. The fortunes of platinum correlates to the demand still rages over whether it known... 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