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time for gold/silver stackers to look at platinum

derrybderryb Posts: 36,792 ✭✭✭✭✭
in Precious Metals
Platinum a win - win

And, automotive manufacturing is seeing a pickup (pun intended)

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Yes
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I'm not as optimistic but I did buy a stack recently as premiums came in. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Took awhile to find a good trade, but I shifted 10 ounces of gold for 10 ounces of platinum a few weeks back. Seemed like a logical way to spread risk and possibly capture some upside.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    It seems like a good move but I've experienced
    difficulties selling platinum vs. gold.
    Timbuk3
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    From what I have seen, gold appears to have a much more ready market than platinum..... and that means easy liquidity. Cheers, RickO
  • tydyetydye Posts: 3,894 ✭✭✭
    I have been trying to buy platinum for the past few months. Problem is locally there is none to be had. I bought 3 oz last fall when it was near 1800. I would love to buy some at 1530 if I could find it
  • pragmaticgoatpragmaticgoat Posts: 853 ✭✭✭


    << <i>It seems like a good move but I've experienced
    difficulties selling platinum vs. gold. >>



    same here
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  • HankbertHankbert Posts: 19
    its very difficult finding platinum now. I've only found one person who said they could get their hands on multiple pieces of platinum.
  • PokermandudePokermandude Posts: 2,713 ✭✭✭


    << <i>its very difficult finding platinum now. I've only found one person who said they could get their hands on multiple pieces of platinum. >>



    Yep. And if you can find it, generally the premiums are pretty insane. Still, I think it's a good buy if you can get a reasonable price on it.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
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