Platinum?
Proofmorgan
Posts: 900 ✭✭✭✭✭
It's gotten more appeal from me in the sub 3000 range with gold and silver going crazy (It's following, but a bit more stable I believe). Worth diving into as a midpoint? What are the buy/sell spreads on it? The silver spreads are increasingly wide and gold is somewhat tight still. I always viewed Platinum as not being very liquid. Thoughts?
Collector of Original Early Gold with beginnings in Proof Morgan collecting.
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Most of the shops I have been in are offering spot for Pt Maples and Eagles. Almost everyone is 97%-99% of spot for gold depending what it is. Gutter deep discounts on most everything as a seller. 15-20 years ago hardly any shops wanted anything to do with Pt. There are still a few that wont touch it, I still like the dealers(s) that told me they don't like it because it's too easy to mix up with the gutter metal. lol Overall though at present market it is holding premium better than anything else. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
At this point in time I wouldn't want to be buying platinum (or any precious metal) as a long term investment. As a trading vehicle I'd consider the PPLT ETF. Extremely liquid.