Platinum price decline: to invest now or not?

Pd was a very good indicator of market CRASH as in March 2000 stocks ...Pd Peak out 1000+ the market crashed after that peak

now we are looking at a peak again 2875? or 3000 etc and a CRASH will be on hand again 2020 ???
 
Palladium seems to be crashing. Popped 2 oz pt. Fun buy. Just in case it shoots up back, at least I don’t feel even more silly. Don’t dare to buy more as it will still collapse.

Again, I’m looking at a 5-10 years investment time frame. Meanwhile I haven’t got any gold and silver since the big crash. Feel that pt is the cheapest.

I have the feeling that if Pd and Rh really crashes, pt will rise.
 
Last edited:
A lot of things are starting to look oversold. This clearly is.

I guess Manhattan is freaking out a bit.

Very tempting to pull the trigger but will wait for the US open to see where it’s going.
 
I missed the sub-$600. Website hang. Can buy now?

EDIT: Still hang!
 
Last edited:
mrkW8K04
 
coins prices never drop...
spots may crashed, but premium stays the same, due to high demand...prices went up instead.
 
I decided not to buy ETF. Love physical platinum too much. If I can’t get it at the usual premium, I won’t buy.
 
sgbuyer said:
I give up. BS is selling 1 oz $800 usd, 25% premium.

Maybe buy ETF?
Click to expand...

may be spot Pt can drop to 400

with spot at 600, bar premium is just no buy
it could be worst when spot 400 ??? 12.5% could be more reasonable then or 7%

there are very limited canned meat here, most likely people buy fresh meat here or frozen meat ?
 
alor said:
may be spot Pt can drop to 400

with spot at 600, bar premium is just no buy
it could be worst when spot 400 ??? 12.5% could be more reasonable then or 7%

there are very limited canned meat here, most likely people buy fresh meat here or frozen meat ?
Click to expand...

If spot drop to 400, I'll be buying PPLT instead of bar. I haven't bought PPLT, only SLV and silver mines.
 
sgbuyer said:
If spot drop to 400, I'll be buying PPLT instead of bar. I haven't bought PPLT, only SLV and silver mines.
Click to expand...
how to know it won't get force cash out at the bottom
just like SLV was created at the bottom
 
The strategy of diversification seems like a smart one to me. It's why I've been adding small amounts of Platinum, including numismatic Platinum coins, to my holdings over the past few years.
 
You must log in or register to reply here.
Back
Top