No hater, your known PM bias is the troll. Several metals are quoted but the focus of the thread is Au not you.
what's there to hate? I'm just stating facts, namely that I predicted this exact financial situation a month ago and that gold can't... and won't hit 1350. Why don't you quit whining and watch the prices, seems the only thing you have to say is baseless accusations... basically "hating", it's anybodies guess why you're so unhappy about platinum's rise and gold's fall, but my guess would be you saw a commercial on TV that said "BUY GOLD" and you did. If so, I understand being ****ed but it's not my fault you make bad decisions.
who knows... maybe the gold fairy will make gold worth as much as Pt, 1560/oz right now. Yeah, I'd put my money on the gold fairy... I certainly wouldn't put my money on metals that are mostly used for industrial purposes. Jewelry is a great bet in a borderline deflation economy.
You never state facts. we went over this in the other thread where you ignored everyone who attempted to help you with that. A prediction is not a fact. Prove how you know and how gold cannot achieve the price of $1,350. You cannot... at least not factually. I could careless what platinum is to do, I don't invest in it nor collect numismatic platinum coins like you do, nor to I run around saying I know what any one metal will do or that one is better than another, as you do disruptively. Your artificial scenario about me and the TV are pretty far out there in your scheme of made up facts so I'll let you rest on that additional folly you think you're getting over on us.
So you do believe in make believe characters and made up wild scenarios. I have no idea what you are trying to express here but this is not about whether gold should/will or can be priced as much or more than platinum. Funny thing is that in other threads all you do is promote platinum and praise that you DO believe in its industry uses as reasoning for it's ability to outperform gold. I have no idea why you contradict yourself suddenly now.
TDR, though you say that these "metals that are mostly used for industrial purposes.." they really do have a deeper value than that -- I offer you the suggestion that you look up the history of gold with regard to why it actually retains value, throughout history. Waaaaaay back. Recommend looking up that history by going to Gary North website and search for the history. There is actually a reason for the value placed on gold, and it has zip to do with industrial use, at least not where this board is concerned. I'm guessing that maybe not many here care about that history, however, perhaps it will help you put gold into a different perspective. Maybe not. Just my 2Cents.
Thanks lucyray. I've been trying to get through with this fellow about these very aspects myself, bumping heads in a couple other threads recently since he joined, but he's a hardcore platinum-pusher, which is fine if that's his personal chosen metal, but his case for why this metal alone, or above others, is pretty stubborn and supported by flimsy reasoning. I mainly am concerned with this bias misinforming others and harming old T by lacking diversification. But as is often the case communicating via forum, to each their own, is the best we can meet eye-to-eye on having expressed all we can to the best of our abilities and intentions.
Krispy.... your name makes me want to make fat jokes but I'll stick to a straight up response to your libelous bs. Fact: I said gold would peak at 1250 again a month ago but would not go much higher Fact: this happened Fact: I said platinum would rise as soon as gold peaked Fact: Platinum has risen up $70/oz since gold peaked Fact: You lie, many times... probably because in truth you make bad decisions, as I said earlier. WATCH THE PRICES.... that's all I have to say to people who can't see the writing on the wall. Oh and btw it's not hard to predict what metal will rise when, you just have to RESEARCH, which takes INTELLIGENCE, something you lack.
The only metal I see doing odd things is silver, which should be going down but continues to rise, usually it falls w/gold.
By odd I mean I wouldn't predict it. GOLD up 1.10 @ 1247.70 SILVER down .01 @19.84 Pt up 12.00 @ 1563.00 Palladium up 1.00 @ 529.00 Rhodium still @ 2080.00
Gold is a LONG term investment. If you want to wait 10-30 years for your money that's coo, I prefer to wait less than 10 years. Pt. is like palladium but slower, which gives you volatility but an amount of stability so you can sell when it peaks... palladium will peak in a day and leave you wishing you sold but you didn't have time, unless you were trading and not actually selling the real deal. Platinum gives you enough time to read the peak and make money MUCH faster than gold. If I were investing in gold in 1932 then ya gold beats platinum but guess what it's 2010 and gold is due to go back to what it's really worth... roughly 1/3 to 1/2 of Platinum. Consider what the US Mint thought gold was worth in relation to platinum? 1oz of gold in coin form is $50, 1oz of Platinum is $100. These are not the REAL prices, the US Mint could have just as easily made platinum worth 75 or even 50, it wouldn't make any difference, but they do reflect what the US govt considers gold worth, half that of platinum... which would make 1oz worth 2500, a price I don't see as even close to the maximum platinum will reach in the next decade. Basically, yeah gold beats platinum long term, but if you want to double your money in 5 years gold will not do it. If you hit Platinum at the right time you can triple your money in a year or two, that's my "HOPE"... prob won't happen but I do hope it does. I have investments in gold, but they are both substantial and difficult to turn into cash without paying a ton of taxes, until they pay off their import tax in appreciation (another 20 years min) I won't be selling them. I have some small gold bullion (1/2oz rounds and such) but I like the look of gold a lot better than Platinum. IDK why people buy "white gold"... why not just buy palladium or rhodium flashed silver? Anyway I digresss, if you have a prob with my opinions the market will prove you correct or not. I am not nostradamus but I have been watching Platinum for years and I think it's a better short term (less than 10 years) buy than gold. Unless you want jewelry... I think platinum is a waste in jewelry considering rhodium flashed silver looks better and costs 1/100th the price. Plus gold actually brings out certain tones in Ruby and Emerald, both of which are just reflected in platinum, and not as well as flashed silver.
RU serious? Do you actually not have the ability to discern sarcasm? Wow you really are "special". FROM NOW ON I'll USE BIG TYPE SO YOU GET IT. NO BIG WORDS. SPECIAL JUST FOR YOU KRISPY! ISN'T THAT NICE?
or the donuts If you actually have an excuse for not understanding sarcasm I'd love to hear it... the other guy (sorry not great with names) understood... but you seem to think I was actually referring to a "Gold Fairy" after I, as you so astutely put it, "Funny.... I have no idea why you contradict yourself now". Contradiction... a big word... now why would somebody contradict themselves and make themselves sound ridiculous by referring to "Gold Fairys".... I WONDER? IDK why anyone would read a thing you post, unless you can somehow excuse yourself for not understanding sarcasm. What are you? 12?
This thread has been going a long time, let's drop the personality situations. Reading back a couple of pages, it seems that you, TDRismyname, are headed over the line regarding personality attacks. So if you don't like the thread, or the people posting, then don't post yourself unless you can restrain from posting such. Jim
I agree 100% with desertgem. What you said, I got a profile santion for a month last Feb. Where's peter?? zekeguzz