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Platinum supply problems...

jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
in Precious Metals
newly-posted on Kitco...
Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Interesting...
    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 ✭✭✭✭✭
    Probably expected !!!
    Timbuk3
  • nibannynibanny Posts: 2,761 ✭
    Time to mint those UHR Palladium Eagles!!
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • ModernEaglesModernEagles Posts: 46
    Cool just picked up some nice Palladium Russian Ballerina coins at the local show earlier this month. A one ounce and a half ounce... They sure are nice.
  • RGJohnRGJohn Posts: 402


    << <i>newly-posted on Kitco... >>



    Kitco has many points. Some positive, some neutral, and even a few negs.
    However, their 'exclusives' are in a league all their own. The reason that the opinion is 'exclusive' to any given firm may have something to do with their interests more than any actual underlying reality.
    Many, many perfect transactions with other members. Ask please.
  • timrutnattimrutnat Posts: 102 ✭✭
    I never know exactly what to think anymore. When an article like this shows up I'm thinking, "Okay, Goldman sucks probably bought up all of the available supply, stuck it in a warehouse somewhere, got someone to publish an article on the short supply, this drives price up, then GS unloads at the higher price."
  • TwinturboTwinturbo Posts: 493
    Platinum in our local area has disappeared.
    It used to sit for long times at all the B&M.
    Now they cant get a supply of it, and when they do get any, stackers buy it up fairly quickly.

    Could it be GS? Sure but im thinking its too much demand by small buyers/flippers due to the platinum/ gold value flip that may correct in the future.
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