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$100 Platinum 1oz Eagles, 2008 and prior "brilliant uncirculated"... I bought one
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<p>[QUOTE="medoraman, post: 976855, member: 26302"]I agree gold is not industrially very useful like platinum like the OP says. But gold is valuable because it is gold, simple as that. Humans have always been fascinated by it and coveted it.</p><p><br /></p><p>I like platinum more than gold, but on another thread I tried to point out the trouble of relying on industrial demand. In industry NOTHING is irreplaceable. Everything has a highest value, so by definition this will put a ceiling on platinum for existing uses.</p><p><br /></p><p>To me, platinum has a stronger industrial demand that should supply better support, but limit its absolute upside. Platinum is rare by far, but also means any new supply could really tank the market. Gold doesn't have that support, but the emotionality of gold also does not put a cap on the upper end. That is how I would view the respective markets. Which is better? Eh, I really don't have a clue. I wouldn't pay $1892 for $1512 worth of platinum though. I might pay $30 over spot.</p><p><br /></p><p>Btw, to OP, have you checked your gold bars for tungsten? I have heard Dubai had some of those gold covered tungsten bars go through it. Maybe electrically test it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 976855, member: 26302"]I agree gold is not industrially very useful like platinum like the OP says. But gold is valuable because it is gold, simple as that. Humans have always been fascinated by it and coveted it. I like platinum more than gold, but on another thread I tried to point out the trouble of relying on industrial demand. In industry NOTHING is irreplaceable. Everything has a highest value, so by definition this will put a ceiling on platinum for existing uses. To me, platinum has a stronger industrial demand that should supply better support, but limit its absolute upside. Platinum is rare by far, but also means any new supply could really tank the market. Gold doesn't have that support, but the emotionality of gold also does not put a cap on the upper end. That is how I would view the respective markets. Which is better? Eh, I really don't have a clue. I wouldn't pay $1892 for $1512 worth of platinum though. I might pay $30 over spot. Btw, to OP, have you checked your gold bars for tungsten? I have heard Dubai had some of those gold covered tungsten bars go through it. Maybe electrically test it.[/QUOTE]
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$100 Platinum 1oz Eagles, 2008 and prior "brilliant uncirculated"... I bought one
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