An ounce of gold or an ounce of platinum?

Discussion in 'General Precious Metals Discussion' started by bullionexpress, Jan 20, 2015.

  1. bullionexpress

    bullionexpress New Member

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    I have a difficult choice to make should I buy a 1 oz gold coin or a 1oz platinum coin.

    I currently have some of both metals. But I'm not sure which is better to buy at this time?
     
    bullionexpress, Jan 20, 2015
    #1
  2. Altima

    Altima Well-Known Member Silver Stacker

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    Lol. 1/2 oz of both? :p
     
    Altima, Jan 20, 2015
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  3. bullionexpress

    bullionexpress New Member

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    Its very hard to find 1/2 oz platinum coins in Australia so its one or the other?.
     
    bullionexpress, Jan 20, 2015
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  4. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Gold. It is easier to flip.
     
    Silver Soul, Jan 20, 2015
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  5. bull_bear

    bull_bear New Member Silver Stacker

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    go gold, premiums are lower and liquidity is better
    I see buying platinum as an investment in the global auto industry, (which incidentally is looking good in the medium term see recent Bloomberg article) rather than the usual reasons you might buy gold
     
    bull_bear, Jan 20, 2015
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  6. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Half ounce perth mint platinum koalas are about. I got one a while ago. Most of the ones available are proofs in a little presentation box do they carry a little premium but not too much.

    I'm trying to find low premium palladium, that's harder again.
     
    phrenzy, Jan 20, 2015
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  7. Kam

    Kam Active Member Silver Stacker

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    With Platinum currently $22 down compared to gold, buying Pt is a no-brainer for me
     
    Kam, Jan 20, 2015
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  8. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    PlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinumPlatinum

    :)
     
    Clawhammer, Jan 20, 2015
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  9. goldpelican

    goldpelican Administrator Staff Member

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    Platinum is in one of those uncommon phases where it is cheaper than gold - I would go platinum. If it gets back to being say 10% above gold, sell it and buy gold, and you're ahead :)
     
    goldpelican, Jan 20, 2015
    #9
  10. mmissinglink

    mmissinglink Active Member

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    ^ What he said.



    .
     
    mmissinglink, Jan 20, 2015
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  11. alor

    alor Well-Known Member Silver Stacker

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    Pt
     
    alor, Jan 20, 2015
    #11

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