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19425549 No.19425549 [Reply] [Original]

I have spend the whole day reading into platinum as an investment and I still havent made a decision.

So dubs decide if I buy 1oz of platinum or not on Monday.

>> No.19425570
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19425570

Yes

>> No.19425620
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19425620

>>19425549

>> No.19425634

>>19425620

Invest in stonks?

>> No.19425636
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19425636

>>19425620

>> No.19425642

>>19425549
Buy silver instead.

>> No.19425648

>>19425549
>>19425570
lol when society crumbles and you're using your PMs as barter everyone is going to assume it's silver and give you silver rates for it.

>> No.19425656
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19425656

>>19425636

>> No.19425673

>>19425648
Clearly says platinum on it.

>> No.19425674

>>19425549
Nah

>> No.19425675
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19425675

>>19425656

>> No.19425736

>>19425549
Buy LINK instead.

>> No.19425784

>>19425549
>>19425620
>>19425636
>>19425656
>>19425675


Ive been keeping on eye on platinum, gold, and silver and correlating market moves to their prices.

Right now

Platinum and silver and industrial metals.

When market goes down, so do platinum and silver.

Over 30% of usage of platinum is catalytic converters in cars. When oil went below $0. Car manufacturers took a HUGE hit. And guess what i saw?
Gold went up. Silver was neutral. Platinum fell sharply.

In ~30 years most vehicles will be electric. Either...platinum price will fall further....

Or

Platinum will go up dramatically as its usage will be converted fully to monentary and jewelry.

When US proposed making a $1 trilliom dollar coin for the fed reserve to "buy", it was going to be made of platinum.

The face value of 1oz platinum eagle is $100...compared to $50 face value of 1oz gold.

Historically, its always been higher than gold.

If society collapses, it will be centuries before people will be able to melt it. Its also more chemically tolerant than either gold or silver.

>> No.19425926

buy

>> No.19426281
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19426281

I need dubs cmon

>> No.19426304

Buy gold. Buy/sell spread on physical platinum is stupid. Buy a platinum miner like Sibanye Stillwater.

>> No.19426340

Buy silver.

>> No.19426475
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19426475

no invest in crypto you moron

>> No.19426756

>>19426475
already did, I have 2,6 BTC and 5 ETH

>> No.19427377

>>19426281
thats a man

>> No.19427406

platinum?
no, what are you stupid?

>> No.19427460

>>19425549
Why would you consider platinum you fucking retard?

Platinum and palladium main uses are catalityc convertors on GAS CARS. 70% of their use is on cars. Electric vehicles do not use platinum and palladium on the same levels and once the demand falls off the prices of these precious metals will too. If you want metals do gold and silver.

>> No.19427485

Do it, pussy.

>> No.19427555
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19427555

My elephant is very kino and I would buy again. Copped at <$900 for the coin tho, still seems like there's good room to grow. Downside is that 97% of plat is used in industrial cases and only 3% for bullion.