So much for the drop. I bought the ox $1400 only few months ago, now after the "collapse" still costs over $1850+. Don't think I will buy any more unlike there's a real crash. I can't bear to pay more than $1500 for a pt coin.
Palladium Short Squeeze: 20% Of Global Production Is Halted https://seekingalpha.com/article/44...K7ahllFcfPICfFruOiXONu_K8079tUWj0YlzwXpoC8Hyg
They need to switch to platinum. Pd supply is unreliable. PLatinum correction is really disappointing. I was hoping for a pull back to around $1k.
So I saw a post on another forum for MS69 graded 1oz eagles for $1400 USD, is it worth the premium at the current spot? Is this a fair price? I'm just wanting to see what you guys think.
I've been seeing lots of articles over the past year and even today which reports on how Platinum is important in the Greening of nations, particularly in light of our post-2020 COVID lockdown world.........meaning a continued bullish outlook for Platinum for the foreseeable future. https://finance.yahoo.com/news/platinum-giants-lifeline-green-economy-085540431.html
Went to my LCS today and they had 4 1/2 oz eagles. They were tempting but I resisted the spot plus $200 per coin.
Interesting morning. Pt up $50 in two days. I wonder if we will look back in a year and go man it was cheap a year ago?