Platinum price decline: to invest now or not?

heartastack said:
Just playful speculation that doesn’t require too much imagination. Who on earth doesn’t believe right now that the gov can try to mandate any kind of obtuse law in an emergency. People here said they would NEVER enforce masks.
Click to expand...

In time of war, governments can enforce anything. They can even conscript by force.
 
^
Nuke first, ask questions later! Top military officers reveal Moscow could respond to ANY rocket attack with a nuclear strike https://on.rt.com/ans2

Fire any ballistic missile at Russia, and Moscow might respond with a nuclear warhead. That's according to the Russian Defense Ministry, which has publicly disclosed its conditions for launching a nuclear strike.

“Any attacking missile will be treated as a nuclear-equipped missile. Information about the launch of an automatic missile will be communicated to the country's top leadership, which, depending on the situation, will determine the scale of the nuclear forces’ response,” wrote Andrey Sterlin, a member of Russia's General Staff and Alexander Khryapin, a top military scientist, in the Defense Ministry's newspaper Red Star.

There is no time for war, only a few thousands of nuclear war heads hitting their targets

 
Wars of vastly differing scales have been fought and some are being fought right now in different parts of the world. Seeking the destruction of others tends to be a hallmark trait of some members of the human species.
 
I bought in at 1200 an oz , been like a roller coaster for Months . But this week other metals had a bad week so it seems odd.
 
Golden Stash said:
I bought in at 1200 an oz , been like a roller coaster for Months . But this week other metals had a bad week so it seems odd.
Click to expand...

They were talking about the hydrogen economy on the MSM the last couple of days. The MSM has the ability to pump prices, just like how they pump EVs. I'm not surprised but I won't be chasing either.
 
Notwithstanding the recent bullishness, I expect a big pullback in platinum prices when the stock market dumps within the next 2 months so there's still a chance to buy the hydrogen economy. I might be loading up PPLT.
 
Still going up, my pt broke even a week ago. I use spot to calculate the performance of my pm portfolio. Pt premium is crazy. Takes long time. Tests your patience.
 
Eventually Pt will beat Au if the H economy takes
off. They only need 10g pt per car so pt can be $3k and it will still be cheap.
 
I expected some numismatic appreciation on the Pt ox, the way it's going ATM the intrinsic value might get me where I wanted to be. Out of our hands anyway just ride the highs & whinge the lows. Low expectations leads to less disappointment
 
You must log in or register to reply here.
Back
Top