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One ounce of gold or two ounces of platinum?

OverdateOverdate Posts: 7,017 ✭✭✭✭✭
in Precious Metals

Gold $1588.
Platinum $772.
Ratio 2.057 to 1.
Where do we go from here?

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Comments

  • ashelandasheland Posts: 23,231 ✭✭✭✭✭

    At this rate, I'd go with the Platinum!

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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I will stick with gold.... Gold is money... and will continue to be ....Cheers, RickO

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭

    Cash.

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  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @Weiss said:
    Cash.

    +1

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  • RonBRonB Posts: 636 ✭✭✭✭✭

    Cash is King, but since that's not an option..

    Gold.

    Collector of Classic US Coins
  • MsMorrisineMsMorrisine Posts: 33,239 ✭✭✭✭✭

    gold

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  • jmski52jmski52 Posts: 22,899 ✭✭✭✭✭

    I've been pondering this question for days. The same $17K will get you either a roll of 1/4 oz American Gold Eagles (10 oz), or a roll of Platinum Eagles (20 oz).

    It's a real toughie. Which would be better in the long run? I'm thinking that 10 oz of gold is more certain, while 20 oz of platinum has more potential.

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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,364 ✭✭✭✭✭
    edited March 15, 2020 6:02AM

    High relief or ultra high relief ....

    Technically I'd be short .325 (.9675) for the ounce, on the high relief. But I could live with the shortage :blush:


  • PerryHallPerryHall Posts: 46,232 ✭✭✭✭✭

    @TwoSides2aCoin said:
    High relief or ultra high relief ....

    Technically I'd be short .325 (.9675) for the ounce, on the high relief. But I could live with the shortage :blush:

    I think you mean 0.0325 Troy ounce.

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