3 oz gold -or- 5 oz platinum

Overdate · January 30, 2019 4:14PM

Which do you think will be worth more in 5 years, 3 ounces of gold or 5 ounces of platinum?

Based on current economic conditions and declining use of platinum, I would choose the gold.

Kkathyl · January 30, 2019 4:19PM

Gold. Unless we have spaceships

Jinx86 · January 30, 2019 5:23PM

I have quite a few customers trading off gold to platinum at the moment.

Id go 2 gold 2 plat.

Downtown1974 · January 30, 2019 5:37PM

Gold for me.

jmski52 · January 30, 2019 6:50PM

At current pricing and based upon historical ratios between the two (platinum is traditionally higher than gold), I'd buck the current trend and say that 5 oz. of platinum will do better than 3 oz of gold, possibly a lot better. All platinum has to do is to fight it's way back to 2/3 of being on par with gold - which doesn't seem like much of a stretch.

However, I also think that gold will do well 5 years out - and most likely much sooner than in 5 years.

Timbuk3 · January 30, 2019 6:56PM

Gold !!!

MsMorrisine · January 30, 2019 7:08PM

platinum

MsMorrisine · January 30, 2019 7:18PM

@Jinx86 said:
I have quite a few customers trading off gold to platinum at the moment.

Id go 2 gold 2 plat.

but that platinum spread. even if it isn't rhodium's it still hurts

Jinx86 · January 30, 2019 7:47PM

@MsMorrisine said:

@Jinx86 said:
I have quite a few customers trading off gold to platinum at the moment.

Id go 2 gold 2 plat.

but that platinum spread. even if it isn't rhodium's it still hurts

We ran a promo at the coin show over the weekend and had to make a run back to shop for another 20 because we had sold out. PT is hot.

Overdate · January 30, 2019 9:53PM

@MsMorrisine said:

@Jinx86 said:
I have quite a few customers trading off gold to platinum at the moment.

Id go 2 gold 2 plat.

but that platinum spread. even if it isn't rhodium's it still hurts

If I were buying platinum, I would do it through an exchange traded fund to avoid the wide spread.

TwoSides2aCoin · January 31, 2019 5:08AM

I'll take both if that's okay. Divestiture is fun, like coins.

PerryHall · January 31, 2019 6:32AM

@TwoSides2aCoin said:
I'll take both if that's okay. Divestiture is fun, like coins.

Did you mean diversification?

johnny9434 · January 31, 2019 7:27AM

both. it wont hurt anything and if we do go to space ships its all cool

asheland · January 31, 2019 8:43AM

Usually I'd say gold, but 5oz vs 3 in gold, I'd do the platinum this time...

TwoSides2aCoin · January 31, 2019 9:16AM

@PerryHall said:

@TwoSides2aCoin said:
I'll take both if that's okay. Divestiture is fun, like coins.

Did you mean diversification?

I mean "selling off some ____, to buy other ____. "

1630Boston · January 31, 2019 1:16PM

Gold

Stuart · January 31, 2019 5:53PM

5 Ounces of Platinum.👍😁

mkman123 · January 31, 2019 6:02PM

Most of the people in Asia go with gold such as india, china, thailand, vietnam, etc so I'll stick with gold!

Overdate · February 11, 2019 6:37PM

Gold $1308
Platinum $786

Difference $522

This is unprecedented, at least in modern times. You would think that platinum would retain some value as a PM even if all the industrial uses disappear. How low can it go?

Bochiman · February 11, 2019 7:37PM

Well, a lot can happen in 5 years. Exploration, technological uses, political issues/policies, etc.

That said, if you have the crystal ball out, can you also let me know if either one will be MORE than the purchase price of today? (Ie.....will I lose not only the opportunity of the cash I would spend for them but also lose out on the actual purchase price?) To me, the latter is pretty relevant as well.

bronco2078 · February 12, 2019 4:12AM

If you are dying to buy platinum buy it in the forum yearly investment contest, that way you won't have to deal with finding a buyer for it.

Another example of when stacking should be relatively simple stackers contort themselves into buying the thing no one wants or has has ever wanted for reasons unknown.

@Jinx86 said:
I have quite a few customers finally bailing us out of this wretched platinum that is making everyone at the shop violently ill whenever we look at it

jmski52 · February 12, 2019 8:56AM

2019-W Proof Plat in PR-70 FS a mere $1,725 at MCM. Don't everyone get in all at once.

bronco2078 · February 12, 2019 9:00AM

@jmski52 said:
2019-W Proof Plat in PR-70 FS a mere $1,725 at MCM. Don't everyone get in all at once.

we won't , we know better than to buy from MCM , you need to abandon your email address after ever purchase

blackhorse360 · February 12, 2019 8:54PM

I’ve thought about this as well but for some reason I can’t bring my self to trade gold for platinum. I’ve even thought about actually trading some of my High End Numismatic Gold coins for platinum bullion but I don’t know

blackhorse360 · February 12, 2019 8:55PM

@mkman123 said:
Most of the people in Asia go with gold such as india, china, thailand, vietnam, etc so I'll stick with gold!

That’s a Great Poi t!

asheland · February 13, 2019 7:29AM

@bronco2078 said:

@jmski52 said:
2019-W Proof Plat in PR-70 FS a mere $1,725 at MCM. Don't everyone get in all at once.

we won't , we know better than to buy from MCM , you need to abandon your email address after ever purchase

I agree, it's ridiculous how much spam those places send out.

ricko · February 15, 2019 8:48AM

I will stick with gold.... it is the most trusted metal and always liquid...Cheers, RickO

bronco2078 · February 15, 2019 11:01AM

@asheland said:

@bronco2078 said:

@jmski52 said:
2019-W Proof Plat in PR-70 FS a mere $1,725 at MCM. Don't everyone get in all at once.

we won't , we know better than to buy from MCM , you need to abandon your email address after ever purchase

I agree, it's ridiculous how much spam those places send out.

I wouldn't even mind if it was emails about stuff I'd buy.But I don't need first strike darth vader reverse proofs from Niue. Its all high margin crap 80 bucks for an ounce of silver

3 oz gold -or- 5 oz platinum

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