Page 3 of 7 FirstFirst 1234567 LastLast
Results 21 to 30 of 62

Thread: Platinum / Gold ratio

  1. #21

    Default

    I happen to have that amount of Pt in physical. See no reason to trade into paper. I keep my physical for long term discrete savings, only reason to trade in would be to spend on things I need, like a house, or perhaps in retirement, to pay for daily expenses. For paper trades, I use current income and other digital holdings. If you need to turn physical into the digital form for trading, it looks like your income may have gone down, and you blew away much of your other forms of savings/investments, in which case maybe best not to be a trader, rather concentrate on building your wealth back up, then use future digital savings for trading. I buy physical only when I know I can hold for a long time.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  2. #22

    Default

    That said, I recently traded etf platinum I bought with etf gold when the ratio was 2.09:1 not so long ago back to gold at just under 1.8:1. Little gains here and there, jumping between ships that tend to keep up with inflation, vs currency traders who jump between fiat ships that are all sinking. If anyone has a good argument as to why fiat currency trading is superior to ratio trading between PM's, I would like the hear it.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  3. #23

    Default

    With golds big drop today, the gold to platinum ratio is not as great as some would imagine: 2.03:1. I'll trade when it is 2.06 or higher, with my best trade in the past having been at 2.09:1.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  4. #24

    Default

    waiting for GPR to grow to at least 2.1:1 to cover the cost of premiums.
    looking to swap 50 AU for 100 pt physical

    IF i had the metals in a digital form, i could skip the costs of buying/selling with premiums, and just look at current bid/ask
    I dont have enough cash to build a digital PM account to rival physical...and i really cant picture myself selling physical to buy imaginary digital...

  5. #25

    Default

    Agree, do not sell physical for trading. Maybe just slowly build up a digital account for such trades.

    Physical is for long term core savings -- trade for currency to use when really needed.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  6. #26

    Default GPR 2:1 today!

    GPR 2:1 today!

    50 gold oz for 100 platinum oz.

    get me a 2.1:1 and i'm pulling that trigger!!

  7. #27

    Default

    2.04:1
    PSR is looking good!
    keep moving please!!

  8. #28

    Default

    Quote Originally Posted by Freedom View Post
    2.04:1
    PSR is looking good!
    keep moving please!!
    yes, looking good, i thought i missed the last dip

  9. #29

    Default

    Quote Originally Posted by Freedom View Post
    2.04:1
    PSR is looking good!
    keep moving please!!
    yes, looking good, i thought i missed the last dip

    after lithium EV, hydrogen is the next magic bullet and Pt/Pd could be back in vogue

  10. #30

    Default

    Quote Originally Posted by Freedom View Post
    GPR 2:1 today!

    50 gold oz for 100 platinum oz.

    get me a 2.1:1 and i'm pulling that trigger!!
    does that mean you are parting with physical gold to get physical platinum?

Page 3 of 7 FirstFirst 1234567 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •