The gold-to-silver ratio is the most popular ratio among the precious metals. However, we can also link gold prices to platinum prices. Mathematically, the gold-to-platinum ratio is the price of gold divided by the price of platinum.
For a relatively safe investment, the market says investors should be selling gold and buying platinum. That can be done either by buying a platinum exchange-traded fund and selling a similar amount of a gold ETF or simply by trading gold coins for a greater number of platinum coins.
Buoyant North American demand is a rare bright spot for the global platinum jewelry market after a sharp drop in prices boosted jewelers' margins, driving up consumption of the white metal by more than a third over the last six years.
In the U.S., states are held to a strict balanced budget standard when it comes to fiscal taxation and spending, while the federal government can let the budget go into deficit spending. In Canada, however, it’s the opposite, and the provinces seem to have abused their debt levels, but Trudeau is ready to help.