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Thread: Inflation Adjusted Platinum Price @ 50 Year Low

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    Default Inflation Adjusted Platinum Price @ 50 Year Low

    30 years ago I noticed that the inflation adjusted gold price was close to a 50 year low of $350 per ounce and so I began to purchase a little gold each month. Over the next decade I purchased gold each month...as the price dropped to $325 then $300 then $275 then $250...as the price of gold fell I continued to buy. Today I own a lot of gold and my average cost basis is around $300 per oz (my inflation adjusted cost basis is around $600 per oz)

    A couple of years ago when the inflation adjusted platinum price come close to a 50 year low of $900 per ounce, I began to purchase some platinum each month. I have continued to purchase platinum each month even as the price dropped to $800 then $700.

    In my opinion now is a great time to slowly invest in physical platinum
    Last edited by WorkingClassMan; 04-25-2020 at 07:32 AM.

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