Platinum Rocketing

Discussion in 'Platinum' started by Emanance, Sep 14, 2012.

  1. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,456
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    We are in a recession now and these past weeks Pt and Pd are outperforming gold and silver. Nonesence, it is about supply and demand. These metals are about 20x more rare than gold and while I believe gold is undervalued these metals are rediculously undervalued. I told everyone to buy when the price fell in early November last year http://forums.silverstackers.com/topic-30138-buy-platinum-page-1.html
    Supply is geographically dodgy and labour problems, power problems and political issues will constantly hit production.
    I hope you all bought.....???
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    9,813
    Likes Received:
    1,098
    Trophy Points:
    113
    Location:
    Australia
  3. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

    Joined:
    Aug 26, 2011
    Messages:
    1,035
    Likes Received:
    55
    Trophy Points:
    48
    Location:
    Queensland
    I hope it closes over 1732 USD

    That would make a new 12 month high I think :)

    edit: make that 16 month high :D
     
  4. Emanance

    Emanance New Member

    Joined:
    Jun 19, 2012
    Messages:
    811
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    that's pretty epic! :D
     
  5. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,456
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
  6. Emanance

    Emanance New Member

    Joined:
    Jun 19, 2012
    Messages:
    811
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Lucky 7's Ronnie :lol:.

    [​IMG]
    Source:
     
  7. Guest

    Guest Guest

    I foresee myself walking into gold stackers with some silver and walking out with a platypus :| gotta think about it
     

Share This Page