From Brian Weepie, Analyst, Stansberry Resource Report:

Platinum prices are out of whack today… and it’s giving traders a great buying opportunity.

As my colleague Ben Morris noted in the March 21 Growth Stock Wire, platinum typically trades at a premium to gold.

But in January 2015, that all changed…

Back then, gold started to trade for more than platinum. We can see this at work by looking at the gold-to-platinum ratio, which shows how many ounces of gold it takes to buy a single ounce of platinum.

As you can see in the following chart, gold has only traded for more than platinum a couple of times over the last 20 years…

Platinum has started to move back to parity with gold. Since peaking at 1.34 at the beginning of the year, the ratio has begun to revert to its historical norm.

We’ve seen some similar moves when comparing gold…