Gold or Platinum?

I'm speculative with platinum. Right now, I only own 1 1oz Austrian platinum philharmonic coin but would like to get more. However, I've always wanted a Mexican 50 Pesos (restrike) Gold coin (1.205 oz) as well. I have a bonus and tax refund coming up so I'm debating between either 2 1oz platinum coins from SD Bullion (random coin pick) or a 50 Gold Pesos. Based on the premium of the 50 Pesos, I can get 2 1oz platinum coins instead and still have maybe $200 leftover.

 

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You didnt mention Palladium ? its at its lowest point in almost forever
hit around $3,400 a few months back, the premiums are higher but even with
those you can still make allot of money based on the historical value

 

The 50 Peso feels good in hand.

 

Here’s my 47, these pics were taken under direct light so allot of reflection.

 

The historical value of palladium was much lower than gold or platinum "almost forever". It's only in the last 20 years or so that palladium started outperforming. I don't expect the current inversion to last another decade.

 

The price is heavily manipulated by Russia.

Substitution for platinum also adds to volatility.

 

When the war is over I think palladium
will sky rocket to atleast to its original
pre war levels so I think it’s a great buy
right now

 

I view palladium as tied to gasoline engines long term. If you think EVs will continue to make inroads, that would be negative to palladium long term. I am sure Russia is liquidating any stocks right now to survive sanctions, so have no short term guess at all. With gold versus platinum, platinum demonstrably rarer, but Asia demands gold almost exclusively so demand are not equal either. Two unrelated markets really. I buy both simply because silver, my first love, simply is too bulky to store value I try to store nowadays. I have a safe full, and do not wish to buy another Executive safe. Gold and platinum fits neatly in SDBs.

 

Electric vehicles are here to stay and only increasing where I live all there is, is Tesla’s , I drive one as well but just about
all PM,S have other uses other then automotive, have been very bullish on
platinum in the past, but haven’t bought
any since it moved past $900 an once
still watching palladium very closely !
and of course GOLD heading to the
Long Beach coin expo next weekend
with a long want list

 

You can really get into the weeds trying to figure out long term market swings. In my mind quite simply, gold and silver have been the very basis of monetary standards since the beginning of recorded history. The others are upstarts so I’ll stick with the gold and silver. I go with what I know.

 

Everything works off a similar principals
as historical value must be considered

 

What did you end up getting from Long Beach?

 

Unfortunately a headache...LOL, my grandsons lacrosse game got moved and was
only able to spend about 2 hrs, not nearly enough time to Walk the floor and see everything, but tonight I did find and order a 2020 1 OZ GOLD Krugerrand this should give me a total of 16 on my way to 53 so almost half way there

 

The other PMs have massive changes in demand going forward, some positive (silver and copper) and some bigtime negative (palladium and platinum).

Anybody buying CLASSIC coins is buying gold or silver, none were made of the white metals. So that's a built-in demand for gold and silver since by default you have to buy them going back decades; platinum and palladium and rhodium and all these other "weird" newbies have NO history.

 

WW I or WW II?

 

maybe WW III?

 

Maybe Walter White II.