[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 130 KB, 1280x790, platinum.png [View same] [iqdb] [saucenao] [google]
50100489 No.50100489 [Reply] [Original]

Explain to me why shouldn't i invest into platinum, everyone tells me not to in pm general, they prefer to shill silver and call it a meme
During the 2008 crisis it has been worth around $2200, while today it is worth $800, we will soon face another crisis/collapse/great crash
Look at this chart and tell me that easy x2 is not coming soon or even it will go up more, why not? It has actual industrial use unlike gold

>> No.50100708

>>50100489
Platinum production is heavily dependent on South African stability. It's not a bad racism-arbitrage play.

>> No.50101241

>>50100489
Look at at platinum to gold ratio

Sell your platinum for gold once the historic ratio corrects usually when its the highest price. Then trade your gold for silver depending on the ratios.

>> No.50101282

>>50101241
Gold is a more unique color than Platinum though, and therefore more valuable/notable.

>> No.50101994

>>50100489
Ignore /pmg/ they honestly believe people are going to be bartering in a SHTF type scenario with their silver coins in a couple of more years. Platinum is going to $6000-$12000 an ounce over the next 5-6 years.

>> No.50102023

>>50101282
You're ignoring platinum's industrial uses.

>> No.50102159

>>50102023
>Industrial uses
>Global recession
Ok

>> No.50102995
File: 1.13 MB, 1866x1300, commodities_vs_equities.png [View same] [iqdb] [saucenao] [google]
50102995

>>50102159
We're in an inflationary recession with an energy and food shortage and retards trying to do any energy regime shift to green. Look to how commodities out-performed during the 1970's stagflation and oil crisis. They're about to decouple from general equities. Platinum needed for hydrogen and ammonia fuel economy. Ammonia also needed for fertilizer.

>> No.50103957

>>50100489
/pmg/ and /pol/'s /setf/ are awfully quiet on platinum.
Really thinking on buying an APE once it goes for 1k.

>> No.50104300
File: 655 KB, 1880x1953, silver ultimate guide.png [View same] [iqdb] [saucenao] [google]
50104300

>>50100489
>everyone tells me not to in pm general, they prefer to shill silver and call it a meme
Then if everyone do so it's maybe because they have reasons to think so and it's indeed a meme, you dumb cunt.
Plat will rape you to death with 20% premiums, no one buy it back for above spot (when they buy back at all) and it have near zero liquidity. There are like 3 mines in the world, the minute they open a 4th one you will see supply rise up by 25%.
The main industrial application is being heavily targeted by globohomo who don't want the goyim to have personal vehicles anymore.

It's the exact opposite of silver : if you want to have some exposure to plat, you are better off buying an ETF you can easily dump on the markets.
So yes, it's a meme, and yes, you should buy silver instead. Especially today, as (((spot))) is now fucking BELOW the extraction costs. Even though so far it's the best selling year ever for silver bullion.
Kikes are in full despair mode.

>> No.50104449
File: 7 KB, 600x497, 1492830161746.png [View same] [iqdb] [saucenao] [google]
50104449

>>50102159
>if we enter in a recession it means everything on the planet suddently grind to a halt and we remain standstill forever