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Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 1:34 pm
by henrysmedford
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08/08/2011 11:34 AM

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 2:31 pm
by Spikeanator6982
anyone think people would start investing in platinum if it stays this way? I think the main problem with platinum is it seems like it depends on industry more than even silver.

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 2:54 pm
by Lemon Thrower
agree with spike.

i'm not aware of any central banks that own plat.

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 3:49 pm
by zerocd
I bought some gold about 10 days ago.

Pt was $1791/toz and I bought a quarter ounce Eagle proof at spot.

Only Pt I have seen except some Chinese 20ths IIRC.



So, getting my feet wet got me to watch....dropped like a rock, lol.

Well, the gold made up for it.

Dealer said he gets no interest and "nobody wants it"

I don't think I will stack much and think I have just the right amount for now.

I like having samples of the elements and want some Palladium when the chance arises.

0CD

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 3:53 pm
by WizardTN
I think one of the drawbacks is it moves in whole dollars. Not easy to play with.

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 6:11 pm
by carterandsabina
Platinum tends to do well in good markets and bad in down markets. I have been watching it for sometime but I don't think this is the time to buy.

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 8:18 pm
by Know Common Cents
At what amount did they intersect? Platinum can be expected to drop more in this sour economy. If silver goes ballistic, platinum could be the new silver. Oh well. Interesting to think about these things.

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 9:33 pm
by beauanderos
Got Rhodium in my sights now, only another $80 hehehe :mrgreen:

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 10:06 pm
by Rodebaugh
beauanderos wrote:Got Rhodium in my sights now, only another $80 hehehe :mrgreen:


Bingo......time to get some sponge?

I just like how it sounds................Rodieum Image

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 10:54 pm
by beauanderos
Rodebaugh wrote:
beauanderos wrote:Got Rhodium in my sights now, only another $80 hehehe :mrgreen:


Bingo......time to get some sponge?

I just like how it sounds................Rodieum Image

That's surely better than the alternative to your name. It's bad enough being called gold bugs... imagine if we were all Baugh hum bugs??? :o :lol:

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 10:58 pm
by Corsair
beauanderos wrote:
Rodebaugh wrote:
beauanderos wrote:Got Rhodium in my sights now, only another $80 hehehe :mrgreen:


Bingo......time to get some sponge?

I just like how it sounds................Rodieum Image

That's surely better than the alternative to your name. It's bad enough being called gold bugs... imagine if we were all Baugh hum bugs??? :o :lol:


Hate to do this to you again Ray, but...

http://www.youtube.com/watch?v=7yl3UMO-TkE

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 11:04 pm
by beauanderos
Hey David, that just adds the perfect element as I take my bow (to miss the food that is being thrown at me) :mrgreen:

Re: Gold right now worth more than Platinum

PostPosted: Mon Aug 08, 2011 11:09 pm
by Rodebaugh
David, thats boarderline cyber bullying.........But I did laugh pretty hard.

Re: Gold right now worth more than Platinum

PostPosted: Tue Aug 09, 2011 11:11 pm
by Robarons
Wouldnt mind grabbing some platinum- but the $160 premium per coin on Apmex and the fact their sold out at that price scares me!