Platinum

Although Platinum was hit hard it is off its high by 14% as compared to 28% for silver. Platinum is acting half way between gold and silver.
 
Ronnie 666 said:
Although Platinum was hit hard it is off its high by 14% as compared to 28% for silver. Platinum is acting half way between gold and silver.
Click to expand...
Good point! I feel as if the value of platinum right now is excellent. if I had more money I'd be splitting my dollars between Pt & Ag. As it stands I'll be using 90% of my cash on Ag.
 
If I bought pt from a dealer or on line would I have to add gst to the price?
I know there's somthing like a $100 spread between BB and the Perth mint.
 
Dusty said:
If I bought pt from a dealer or on line would I have to add gst to the price?
I know there's somthing like a $100 spread between BB and the Perth mint.
Click to expand...

No gst on platinum,gold or silver.
 
fishball said:
Platinum currently below $1600 mark, might be a good buying opportunity soon
Click to expand...
I know, right? I've been watching like a hawk. As much as I want to increase my Ag, I figure I can always ad mucho OZs no matter where it goes, but Pt? Gotta get it while the gettins good. I want 2 1/2 Eagles, I'll take 'em at 1605, but I want to see how low she'll go
 
I'm tempted but gonna wait and see if Platinum tracks Silver's crash last week first.

Industrial and all that.
 
Some people say they don't stack silver, they can't handle the volatility.... (doesn't bother me personally)

I don't know if I would feel comfortable with the illiquidity of platinum? Not really a problem if you a long term buy and hold in a depository account but playing the spreads on physical and being forced to sell to a dealer?
 
aleks said:
Some people say they don't stack silver, they can't handle the volatility.... (doesn't bother me personally)

I don't know if I would feel comfortable with the illiquidity of platinum? Not really a problem if you a long term buy and hold in a depository account but playing the spreads on physical and being forced to sell to a dealer?
Click to expand...

I'd only be buying the 1oz Platypus like Chillidog (feel free to recommend me a place to buy from for cheap!).

Not too worried about liquidity as you are correct, it's a speculative long term buy.

That, and who doesn't want a damn cool platinum coin? :)

Platinum < $1560 US now...damn it's gone down a fair bit since I first posted
 
aleks said:
Some people say they don't stack silver, they can't handle the volatility.... (doesn't bother me personally)

I don't know if I would feel comfortable with the illiquidity of platinum? Not really a problem if you a long term buy and hold in a depository account but playing the spreads on physical and being forced to sell to a dealer?
Click to expand...
I'll hold for the long term too, then sell to a collector of ASEs, I'll do fine...no worries :)
 
If I get some platinum, it'll just be bullion.
I don't see why I'd patiently watch the price go down when I'll be paying premiums that sorta dilute the overall achievement @_@
 
You must log in or register to reply here.
Back
Top