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Thread: Platinum is Cheap !!! Who's Buying

  1. #1

    Default Platinum is Cheap !!! Who's Buying

    Platinum is way too cheap for me not to be buying some.
    Down at the Bay, 2016 1/10 Noble Isle of Man Platinum Coin $127.52, (Last yr Pobjoy Mint is making them)
    way cheaper than 1/10 gold coins.

  2. #2
    Join Date
    Mar 2015
    Posts
    3

    Default

    Not "cheap" like it was last year... but still a good value. In fact i bought some today, not a lot, but 1/2 oz.

  3. #3
    Join Date
    Jun 2013
    Posts
    1,206

    Default

    you already know. i like APEs and platypuses

  4. #4

  5. #5

    Default

    Yeah, but the last SA strikes did absolutely nothing for the PGM's so I am sitting on the sidelines for the most part and sold off a large chunk of PT at 1500 CAD. Back down to 1385

  6. #6

    Default

    Quote Originally Posted by Carssman1 View Post
    Yeah, but the last SA strikes did absolutely nothing for the PGM's so I am sitting on the sidelines for the most part and sold off a large chunk of PT at 1500 CAD. Back down to 1385
    Hey Carssman what price u gonna start buying platinum at in Canadian dollars of course?
    One in a million...GNR ...sums it up nicely

  7. #7

    Default

    Actually,,, Long term prospects for PT to me at least seem stagnant. The Global push for electric vehicles will no doubt affect output and I am not really sure if PT has a bright future anymore.

    I would be tempted to add a bit in the 1000 - 1150 CAD range should it go that low.

    I am still sitting on lots of Rhodium,, if/when we see the next spike, i will likely sell that as well.

  8. #8

    Default

    Quote Originally Posted by Carssman1 View Post
    Actually,,, Long term prospects for PT to me at least seem stagnant. The Global push for electric vehicles will no doubt affect output and I am not really sure if PT has a bright future anymore.

    I would be tempted to add a bit in the 1000 - 1150 CAD range should it go that low.

    I am still sitting on lots of Rhodium,, if/when we see the next spike, i will likely sell that as well.

    I think you could be wrong on this, Pt is still a valuable commodity and decreasing in supply.

    http://www.mining.com/stars-aligning-platinum-price/

    http://www.forbes.com/sites/roystonw.../#70f3858a7779
    Last edited by Davidwd; 09-13-2016 at 04:59 AM.

  9. #9

    Default

    the buy/sell premium makes it hard to swallow Pt

  10. #10

    Default

    Last I bought platinum was 823 usd but with premiums I still payed close to 1000 sad

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