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It will be interesting to see if Platinum holds at over $1000

CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭
edited January 16, 2020 11:20AM in Precious Metals

I believe it will.

Comments

  • MilesWaitsMilesWaits Posts: 5,557 ✭✭✭✭✭

    I hope it will

    Now riding the swell in PM's and surf.
  • jmski52jmski52 Posts: 23,927 ✭✭✭✭✭

    I imagine it will.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    I use an O'haus and Tanita, both are accurate and works well !!! :)

    Timbuk3
  • LukeMarshallLukeMarshall Posts: 2,183 ✭✭✭✭✭

    I recon it will

    It's all about what the people want...

  • ashelandasheland Posts: 24,347 ✭✭✭✭✭

    With Palladium well above 2,000 I think it makes sense it'll hold at least a grand...

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    I guessed it will.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    If there’s a will there’s a way

    ;):D

  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    Well. Platinum is at $1000 now

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    Platinum dropped to under $1000 , now at $998

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • jmski52jmski52 Posts: 23,927 ✭✭✭✭✭

    Holding at $1,003. Nothing to write home about.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭

    Looks like there's good support at a 1,000 for now.

    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Looks like it.

  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    Now back to under a grand

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Split in the market today with gold and silver positive. Platinum and palladium in the tank.

  • derrybderryb Posts: 38,528 ✭✭✭✭✭

    Looks like Coinstartled changed his avatar.

    When gold and silver move together, it signals the coming end of fiat money.

  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    @derryb said:
    Looks like Coinstartled changed his avatar.

    No..... he was actually banned :o

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • PerryHallPerryHall Posts: 47,420 ✭✭✭✭✭

    @Kliao said:

    @derryb said:
    Looks like Coinstartled changed his avatar.

    No..... he was actually banned :o

    What happened. I missed it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • MsMorrisineMsMorrisine Posts: 38,670 ✭✭✭✭✭

    PM!

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Something on the US Coin forum...

  • RedneckHBRedneckHB Posts: 20,132 ✭✭✭✭✭

    @Kliao said:

    @derryb said:
    Looks like Coinstartled changed his avatar.

    No..... he was actually banned :o

    Its true....history does repeat.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MilesWaitsMilesWaits Posts: 5,557 ✭✭✭✭✭

    They were a prolific and emotional poster.
    As far as platinum and Palladium this might be anticipated given it a fair amount of the auto business is going to be impacted with the virus in China.

    Now riding the swell in PM's and surf.
  • MilesWaitsMilesWaits Posts: 5,557 ✭✭✭✭✭

    CNBC

    In other metals, deficit-hit palladium dropped 5.8% to $2,287.46 per ounce. Platinum fell 1.8% to $983.76 per ounce.
    "Palladium had seen a big run until now, it can't go up forever. Somewhere some correction has to happen," ED&F Man Capital Markets' Meir said.

    Now riding the swell in PM's and surf.
  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    $956 now.
    Down $20

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • jmski52jmski52 Posts: 23,927 ✭✭✭✭✭

    It didn't hold. Historically speaking, both platinum and silver are low compared to gold.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Palladium is going down as fast as it rose.

    Perhaps there wasn't as much of a supply shortage as we'd thought.

  • OPAOPA Posts: 17,160 ✭✭✭✭✭

    Rhodium . still the winner @ $9,200 per oz.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • LukeMarshallLukeMarshall Posts: 2,183 ✭✭✭✭✭

    @OPA said:
    Rhodium . still the winner @ $9,200 per oz.

    And that is just the bid. Ask is over 10k

    Hmm, one Ounce of rhodium or ten ozs of Platinum... Next thread idea

    It's all about what the people want...

  • KliaoKliao Posts: 5,765 ✭✭✭✭✭

    Another chance! Will at stay at $1000+?

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
    instagram.com/klnumismatics

  • jmski52jmski52 Posts: 23,927 ✭✭✭✭✭

    Palladium is going down as fast as it rose.
    Perhaps there wasn't as much of a supply shortage as we'd thought.

    Palladium bid at $2,670 this morning, up +$154/oz. Lemme tell you - I NEVER thought I'd see something like that.

    Platinum @ $1,010/oz. Relative to palladium, that's ALSO something I never thought I'd see.

    So, what do I know? Probably not much. :)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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