Platinum is getting interesting to me, have questions about re-selling
BigE
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Margins are higher than gold, any trouble getting a portion back selling to a B and M? Also, ever had a B and M not really need platinum when they would purchase gold? I feel liquidity may not be as strong as gold or silver-correct or not?----------BigE
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However, I think that it is *liquid enough*. Your local B&M may not want it, but ebay will always act as a last resort liquidator. In fact, platinum listings on ebay seem to be at a low right now, and I've tracked ebay listings for platinum for about 10 years. The listings dry up when the price gets hit. (That doesn't mean nobody wants it - it means that nobody wants to discount it.)
There is also a ready market for platinum at any of the major dealers - tulving, Silvertowne, Apmex, and others.
The margins may be wider, but there are also bargains in buying if you find the right seller - so things average out over time.
The thing is, at some point there may be the very real possibility of an enduring platinum shortage. That's what keeps me interested.
I knew it would happen.