Eoin Treacy's view platinum prices continue to outperform gold and have proved less volatile particularly over the last couple of weeks. As the ratio approaches parity, there is continued potential for outperformance by platinum. In my experience the metal is best bought following a pullback and I opened a long this morning in the April contract at $1644.6 including spread-bet dealing costs. The risk is that prices extend their decline below the MA and the $1600 level, in which case a retest of the lows near $1400 could not be ruled out.