Triple Digit Platinum

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Triple Digit Platinum

Postby Market Harmony » Fri Jul 17, 2015 1:00 pm

No, not talking about the purity... the price!!!! How long will this last? How far might it drop? Will you buy any?
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Re: Triple Digit Platinum

Postby highroller4321 » Fri Jul 17, 2015 1:58 pm

Market Harmony wrote:No, not talking about the purity... the price!!!! How long will this last? How far might it drop? Will you buy any?

Good luck finding any for "reasonable" prices.

I've been buying fractions for the last 6 months and its hard to find without paying $300+ premium/oz Apmex still wants $162 per 1/10oz! :shock:
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Re: Triple Digit Platinum

Postby bankmining » Fri Jul 17, 2015 3:39 pm

Pd is looking like its going to maybe drop below 600 next week.
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Re: Triple Digit Platinum

Postby InfleXion » Fri Jul 17, 2015 6:31 pm

Based on what things are doing in China and the EU, with copper and manufacturing, what appears to be global economic slowdown, and market leverage again being at all time highs I feel like there is still plenty of downside in all things paper, but I also don't see retail getting a whole lot cheaper for the physical metal. Anytime platinum is cheaper than gold it feels like a good play to me, but all metals look very attractive at these prices. I'm not in a position to buy right now because I'm dumping money into home maintenance this summer, but if I were I would definitely be eyeing platinum and also trying to find some good deals on gold lunars or pandas. I still feel like silver is the most undervalued asset, but there is something to be said for space conservation.
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Re: Triple Digit Platinum

Postby John Reich » Tue Jul 21, 2015 6:15 am

Market Harmony wrote:No, not talking about the purity... the price!!!! How long will this last? How far might it drop? Will you buy any?


I'd love to buy right now! The premiums are crazy high, though. I bought a 1/10 oz American eagle for $150.00 a couple months ago--they're still going for that even with the drop.
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Re: Triple Digit Platinum

Postby AGgressive Metal » Tue Jul 21, 2015 8:07 pm

Time for a MH Platinum pyramid bar, haha
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

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