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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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<p>[QUOTE="goldcollector, post: 574932, member: 9088"]Well, Right off the bat I will say I think all 3 of these will go up over the next few years, but I have to say the one I think will do best is PLATINUM</p><p><br /></p><p><br /></p><p>I like Platinum because of its relative rarity to the other 2 . I like silver a lot too, but there is just soooo much of it out there being actively traded every day. The estimates that I have seen go like this. 20 billion ounces silver, 4 billion ounces gold, 300 million ounces of Platinum. So going by their rarities and prices, Plat clearly beats gold.</p><p><br /></p><p>I also think Platinums use in cars will continue as enviornmentalist keep push for cataltic converters. Cars will continue to be made at higher and higher levels as the pop soars. Platinum will alwaysstay above gold in price, as we know there is some manipulation in these markets. Even when plat fell $4 below gold a few months ago, it didnt last for long and even then real world prices for Plat were higher than gold.</p><p><br /></p><p>Today real world prices are about Plat $1200, Gold $950, Silver $14. Looking at that, I rank these 3 in terms of how good an investment for a 5-10 year range like this.</p><p><br /></p><p><br /></p><p>1. PLATINUM</p><p>2. SILVER - Close 2nd, but too much silver in weak hands, depressing prices.</p><p>3. GOLD - I think Gold will go up, but much much less than the other 2.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 574932, member: 9088"]Well, Right off the bat I will say I think all 3 of these will go up over the next few years, but I have to say the one I think will do best is PLATINUM I like Platinum because of its relative rarity to the other 2 . I like silver a lot too, but there is just soooo much of it out there being actively traded every day. The estimates that I have seen go like this. 20 billion ounces silver, 4 billion ounces gold, 300 million ounces of Platinum. So going by their rarities and prices, Plat clearly beats gold. I also think Platinums use in cars will continue as enviornmentalist keep push for cataltic converters. Cars will continue to be made at higher and higher levels as the pop soars. Platinum will alwaysstay above gold in price, as we know there is some manipulation in these markets. Even when plat fell $4 below gold a few months ago, it didnt last for long and even then real world prices for Plat were higher than gold. Today real world prices are about Plat $1200, Gold $950, Silver $14. Looking at that, I rank these 3 in terms of how good an investment for a 5-10 year range like this. 1. PLATINUM 2. SILVER - Close 2nd, but too much silver in weak hands, depressing prices. 3. GOLD - I think Gold will go up, but much much less than the other 2.[/QUOTE]
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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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