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<p>[QUOTE=&quot;TDRismyname, post: 976150, member: 26939&quot;]I don&#039;t pretend to KNOW that platinum will be a better investment than gold, but the fact that so many people are buying these gold buffalo&#039;s and gold Eagle&#039;s while very few are buying Platinum Eagle&#039;s means that more than likely the Platinum Eagle&#039;s that go unsold will be melted down into bullion... making them all the more rare. A 2008 PCGS MS-69 Platinum Eagle retails for 1950, tax included and it&#039;s 2 years old! You can&#039;t tell me a 2008 MS-69 Gold buffalo is gonna come close to that, and the fact is people are collecting SO MANY of these gold coins that they won&#039;t go up in value until people start selling them as bullion, which could take years according to you. You&#039;re deluding yourself if you think ANY commodity can rise the way gold has and just keep on rising. I really don&#039;t care how much gold china or india is buying, the fact is it&#039;s so close to Platinum in price it&#039;s a stupid investment when history shows that platinum is usually 2-3x the price of gold. Eventually mean WITHIN A YEAR OR 2, with 90% probability that it happens within a year. </p><p><br /></p><p>I can understand how worried you are, I own a HUGE amount of gold and because I purchased it via dubai and had it &quot;shipped&quot; in via a friend I&#039;m having&nbsp; a LOT of trouble getting it sold w/o paying the IRS massive amounts of money, which was the whole point of going to dubai anyway... but I payed less than 320/oz back in 2000 and regardless of what happens to gold I can bet that my 10kg bars will eventually pan out. It will just take time. </p><p><br /></p><p>I&#039;m talking about coins, not bullion, when I refer to the damage gold&#039;s crash will reap on all the people who payed near Platinum prices for a metal that hasn&#039;t seen this inflation adjusted level in a long, long time. Gold does well when the economy is crap, so if your betting on our economy being horrible and deflation then please, purchase away. Pre-1933 gold is a whole different animal... but mondern gold coins, apart from chinese pandas, are a waste when you can spend 300 more and get uncirculated platinum coins. Platinum is (and I proved this in another thread) used mostly for car emissions... what goes up every year along with car emissions? HP! WHY? MORE Platinum in the Cat. If there is anything you can believe in it&#039;s the world auto industry and the demand for platinum will eventually overcome the bad economy, recovery or not. Platinum is also 100x harder to produce than gold... apart from the Urals and Choco Culumbia THERE ARE NO PLACER DEPOSITS of platinum. It&#039;s superior in every way except appearance, and once you alloy gold with copper it looks red, silver/palladium/platinum it looks white. Gold is a vanity item, and the demand for it is mostly due to the dollar on the verge of deflation along with our economy having a hard time starting up again. It takes time for corperations, whether they are making money or not, to start hiring again and we are in the void between when corperations have started to post gains and when they start hiring. Once they start hiring, bam the economy will go up, gold will go back to a reasonable price, and platinum will SKYROCKET. if you look at the max platinum has ever been it&#039;s 2400/oz.... adjust that for inflation and you have nearly 4k/oz. And even if platinum stays at it&#039;s meager level, 1oz Platinum eaagles will be far far rarer than 1oz gold eagles... the government thinks 2x as much? Does your coin say $100 on it? Didn&#039;t think so.[/QUOTE]</p><p><br /></p>

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