Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
An Article on Platinum I thought I'd Share with you.
>
Reply to Thread
Message:
<p>[QUOTE="gxseries, post: 718062, member: 4373"]Supply is not necessary tight - platinum recycling rate is one of the highest and while South Africa contributes to something like 66% of the world's platinum supply and Russia about 25%, an interesting supplier would be Zimbabwe which is estimated to produce about 15% of the current world platinum production in the next 10 years should the politics in Zimbabwe remain stable. The Zimbabwe government wanted something like 50% of the profit initially - pretty absurd. </p><p><br /></p><p>For 1 grand, platinum sounds about right. 2 grand? Way too much and overrated. Remember rhodium? Those who invested when rhodium hit 10 grand are still hitting themselves at the back. </p><p><br /></p><p>I honestly dislike reading investor driven reports as they have absolutely no clue about the production rate, much less real demand. All they do is to hype up how scarce it is so that they themselves make money. </p><p><br /></p><p>If you want the real stuff, read it from miningweekly.com or if it's about platinum group metals, <a href="http://www.platinum.matthey.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.platinum.matthey.com" rel="nofollow">www.platinum.matthey.com</a> . Those are the real good stuff, not some crappy investor trash.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 718062, member: 4373"]Supply is not necessary tight - platinum recycling rate is one of the highest and while South Africa contributes to something like 66% of the world's platinum supply and Russia about 25%, an interesting supplier would be Zimbabwe which is estimated to produce about 15% of the current world platinum production in the next 10 years should the politics in Zimbabwe remain stable. The Zimbabwe government wanted something like 50% of the profit initially - pretty absurd. For 1 grand, platinum sounds about right. 2 grand? Way too much and overrated. Remember rhodium? Those who invested when rhodium hit 10 grand are still hitting themselves at the back. I honestly dislike reading investor driven reports as they have absolutely no clue about the production rate, much less real demand. All they do is to hype up how scarce it is so that they themselves make money. If you want the real stuff, read it from miningweekly.com or if it's about platinum group metals, [url]www.platinum.matthey.com[/url] . Those are the real good stuff, not some crappy investor trash.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
An Article on Platinum I thought I'd Share with you.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...