Platinum to da Moon!

Discussion in 'Platinum' started by Coins A-Z, Sep 4, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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    plenty of pt, people are selling rarity on it, it can drop
     
  2. tater

    tater Active Member

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    I need it to drop to buy and do what I want with the metal.
     
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  3. alor

    alor Well-Known Member Silver Stacker

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    gold can droped -400
    Pt can as well be droping to 800, -500
    there are metals fall there
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    If pt drops back to $800, should buy Sibanye stock instead of the metal. That one can go up more.
     
  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    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. :p
     
  6. alor

    alor Well-Known Member Silver Stacker

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    the drop is on spot, totally different from coin+premium
     
  7. alor

    alor Well-Known Member Silver Stacker

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  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    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.
     
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  9. tater

    tater Active Member

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    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.
     
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  10. alor

    alor Well-Known Member Silver Stacker

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    Pd up 3.94% at 2676
     
  11. Coins A-Z

    Coins A-Z Active Member

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    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
     
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  12. tater

    tater Active Member

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    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.
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Good choice. No point paying so much premium.
     

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