/biz/ - Business & Finance

>>18526405
im fucking bearisch on platinum.

- Industrial use is sinking
- EC are coming
- we entered a recession

>>18526418
Platinum is still used in jewlery as gold alloy called White Gold.

Platinum is as cheap as in 1880's. We live in historical times.

I guess everyone wasted money on silver.

>>18526776

>>18526790

>>18526776
>>18526790
>>18526814
Very cool but there is one mistake in part 3. Platinum is very liquid, jewlery store will always buy it for alloys.

I bought two 2020 platinum eagles on April 15th the day they were released.

That same day, the West Point Mint shut down production of gold and platinum eagles.

The day after, suppliers were already showing out of stock.

With gold production shut down and gold stock limited, platinum will be seen as "alternative" and be snatched up quickly.

This could be one of rarest coins of 2020.

Buy em up while you can.

>>18526405
Hey friend, we're over here:
>>18512814

>>18526890
Platinum coins are already one of rarest on the planet. Before buying bullion only platinum I have seen in my whole life was one wedding ring of some guy.

>>18526890
Bullion silver is tiny compared to bullion gold.
All bullion platinum could fit in one large safe.

>>18526405
25 yo boomer here. Got this 2 weeks ago and got a liberty 2020 on the way. Howd i do

>>18527108
good job moran

>>18527108
Nicee and very rare

>>18526890
Already sold out now are asking 920$

>>18526776
Platinum will become worthless when we mine the moon. Short term asset.

Got 2.5 oz.

>>18527315
yes lets just ignore the 400 years of scarcity until then.

>>18527332
Trump signed an executive order to mine the moon 11 days ago. Why would he do that unless mining the moon was within grasp?

https://www.space.com/trump-moon-mining-space-resources-executive-order.html

>>18527463
>platinum on the moon
never even heard this speculated. Maybe youre thinking of asteroids? Not this millennium.

>>18527590
Anons infograph says there’s more platinum on the moon than earth. Platinum could be worth pennies in our life time. Can’t wait for a solid platinum bidet and toilet.

>>18527606
did you ever think random internet images might not be 100% accurate? The moon is much less dense than earth, I find it hard to believe it has vast quantities of very dense metals.

>>18526814
Good thing we didn't buy platinum as an investment when this infograph was made
>>18526557

>>18527700
Why would somebody lie on the internet?

It seems like 2020 platinum coins just stocked up on most websites, although there's a $140 premium per oz on all of them, think I should pick me up an eagle for $920??

I just ordered 1oz today and will order another one next week when i get paid.

>>18526405
Bump for plat mater race

30oz of platinum here purchased over the last 7 years. What a fucking shit investment this has been. Pretty much as shitty as silver, but I can understand why silver does so bad.

>>18527463
the jew is afraid of goyim financial sovereignty
you do know the President has been compromised since 1964, r-right?

>>18527463
>>18527590
>>18527606
Quick search says there is far more Platinum on Earth.

>>18531809
You jumped on it way too soon. It takes a decade for bubble to deflate. But very impresive stack. Coins or bars?
Old platinum coins can be worth much more, they are rare.

>>18526405
where to buy bars bros? Everything looks out of stock on JM and apmex
Any non-sketchy stores you would recommend?

>>18532697
https://www.royalmintbullion.com/Products/Bars/RMGP1Z

Royal mint has platinum but not sure if you can buy from them.

>>18531809
you didnt buy at $2000 so you did alright. buy and hold for the ratio against other metals to change to increase your stack.

>>18532641
>post picture of palladium
get your shit together man

There are only 4 million platinum coins ever made. If devided by mints, designs and years every one of those coins have a numizmatic value on top of bullion.

Coins + bars add up to 8 million oz and market cap of just $7billion.
Your average billionair could buy it all.