Why are premiums so crazy on platinum??!?! Id like to diversify, but can't justtify.

Discussion in 'Bullion Investing' started by ocjoe949, Jul 14, 2012.

  1. ocjoe949

    ocjoe949 Active Member

    I would love to phyisically own more platinum. I love my gold and silver and will always hold my majority of precious metals in gold and silver. The only platinum Ive been able to buy is when someone sell me something marked .950 and mistakes it for silver. Or a couple times that I got lucky on ebay, but basically, platinum is not readily availiable at a reasonable premium. Maybe I havent looked in the right places, or there is something I don't know about the metal that someone can enlighten me on.

    Thanks for the insight:yes:
    -Joe
     
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  3. fretboard

    fretboard Defender of Old Coinage!

    I don't even own any platinum yet, but I've thought about buying some. Just haven't gotten that offer I can't refuse yet. Someone will chime in here soon and talk about it, I'm sure. :thumb:
     
  4. Pokermandude

    Pokermandude New Member

    Platinum (especially physical) just doesn't have the same investor demand as tried and true gold and silver. It is infrequently traded, thus a higher premium. Same goes for Palladium. Rhodium and other similar metals.
     
  5. ocjoe949

    ocjoe949 Active Member

    very true

    Actually that makes a lot of sense. I hadn't thought of that.
     
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