Platinum Demand?

Discussion in 'Platinum' started by -j-p-shmorgan, Jul 9, 2015.

  1. -j-p-shmorgan

    -j-p-shmorgan New Member

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    So platinum investment demand must be up.
    I'm unable to find any "deals".

    I know that platinum coins demand higher premiums......
    But $163 USD is the cheapest 1/10 Pt eagle I can find.
    NO THANKS. :rolleyes:

    The 10 bullion places I've looked are either OOS or have premiums too high.
    Any thoughts, ideas or recommendations?

    Wouldn't mind having some at a FAIR price. lol
    PS - my above comments are based on the inventory & price on fractionals.
    I realize 1oz Pt has lower premiums and remain "somewhat" in stock.
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Should have purchased when the AUD was 85+

    We have known for quite awhile that the AUD was heading to 75.

    Nov 2014 was your ticket.

    Having said that, if you are in the market to buy Ag or Pt...Platinum Platypus is the beaver to buy. :D
     
  3. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Perth Bullion has some 2014 in stock - tiny mintage of only 1600.... :D
     
  4. DanielM

    DanielM Active Member Silver Stacker

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    Spam^
     
  5. DSK

    DSK Active Member Silver Stacker

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    platinum is cheap relative to gold and silver....buy if you can.
    i got a couple of good deals on ss for 1/2 oz koalas at spot several months ago.

    platinum silver ratio is 62:1
    gold silver ratio is 83:1
     
  6. goldpelican

    goldpelican Administrator Staff Member

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    Platinum is stupid cheap compared to gold. $435/oz AUD cheaper. Ratio is 1.33/1, normally Pt is higher than gold.

    So ask yourself, what fundamental has changed for this to come about - gold isn't exactly trading at record levels in USD - so why has the platinum price fallen.

    That said, if I were in the market for personal investment - I would be buying silver first, platinum second and gold third. Purely on the ratios.
     
  7. Shippeevt

    Shippeevt Member

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    I've been picking up a lot of proof Eagles in various sizes. Paying to much but it not easy finding any below the 1200/oz price point.
     
  8. alor

    alor Well-Known Member Silver Stacker

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    not so many to choose from, unlike gold/silver where there are hand poured ugly :(
     
  9. tater

    tater Member

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    Found some one ounce maple leafs today for $1100. Is that a good deal?
     
  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Only if you buy them.

    Seriously...many folk flob off platinum but when it's cheaper than gold it's a no brainer to have some in your precious metal portfolio.

    Have a look at the future demand for platinum, the demand comes from an increasing population and an awareness of clean city air. Over- night you could see platinum sky-rocket as Chinese clean-air interests build...even Polies need clean air and only in a communist country can change occur over-night.

    The population is increasing is it not?
     
  11. leo25

    leo25 Well-Known Member Silver Stacker

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    WW3 could fix that
     

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