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Platinum is Rocking the boat

410a410a Posts: 1,325 ✭
in U.S. Coin Forum
Trading range today or last 24 hours $1180 to $1380s per ounce.
What gives?

Comments

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    I don't read the bullion boards but I'd guess there are some speculative rumors. Today there must be speculation or conclusion that they are unfounded. --Jerry
  • PentimentoPentimento Posts: 1,367
    ETF rumors Monday --> Mint sells tons of Platinum 4 coin sets Tuesday --> Tons of orders cancelled Wednesday as Platinum stays under 1200

    Thats my speculation/experience.
  • orevilleoreville Posts: 12,148 ✭✭✭✭✭
    Rampant speculation.

    Rumor that an EFT was on the way. Rumor was squashed but it might still happen eventually. But it will not have the boom effect that it was earlier thought to have with gold and then silver.
    A Collectors Universe poster since 1997!
  • 410a410a Posts: 1,325 ✭
    Ahhh.......gee ..........What is an EFT?
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>Ahhh.......gee ..........What is an EFT? >>




    Electronically Traded Fund.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>Ahhh.......gee ..........What is an EFT? >>



    Electronically Funds Transferred (from your account)

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