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<p>[QUOTE="clembo, post: 477591, member: 8033"]Good question Elaine and I'll counter with one for everyone.</p><p><br /></p><p>OTHER THAN ON PAPER can anyone find gold or platinum at a cost even REMOTELY close to spot for the physical product?</p><p><br /></p><p>Silver is STARTING to settle down but still it's hard to find physical near spot. Gold is still commanding a nice premium over spot. Much more so than it has been.</p><p><br /></p><p>Platinum? Forget it. We have platinum coins at work. They don't sell. I Guess that maybe the $1200/ounce premium has something to do with it. In other words those that have (including my boss) $1900 or so invested in an ounce of platinum are not that interested in selling it at a huge loss.</p><p>Neither are the non dealers that have it. Platinum has a price, it's low and I don't see any moving.</p><p><br /></p><p>NOW, IF you can get it near spot it could be a good move. Could be a bad move. Who really knows?</p><p><br /></p><p>I think the three metals will "balance out" and recover personally but it's just from what we see at work and a bit of "gut feeling". I have tossed zero dollars into gold or platinum. For that matter have never owned platinum. Probably never will.</p><p><br /></p><p>What little I have as disposable income will go in the order of silver, gold, platinum. If one has the money then spreading it out is viable. Easiest to move right now without totally losing your butt though is silver and gold IMHO.</p><p><br /></p><p>Interesting times we're living in aren't they?[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 477591, member: 8033"]Good question Elaine and I'll counter with one for everyone. OTHER THAN ON PAPER can anyone find gold or platinum at a cost even REMOTELY close to spot for the physical product? Silver is STARTING to settle down but still it's hard to find physical near spot. Gold is still commanding a nice premium over spot. Much more so than it has been. Platinum? Forget it. We have platinum coins at work. They don't sell. I Guess that maybe the $1200/ounce premium has something to do with it. In other words those that have (including my boss) $1900 or so invested in an ounce of platinum are not that interested in selling it at a huge loss. Neither are the non dealers that have it. Platinum has a price, it's low and I don't see any moving. NOW, IF you can get it near spot it could be a good move. Could be a bad move. Who really knows? I think the three metals will "balance out" and recover personally but it's just from what we see at work and a bit of "gut feeling". I have tossed zero dollars into gold or platinum. For that matter have never owned platinum. Probably never will. What little I have as disposable income will go in the order of silver, gold, platinum. If one has the money then spreading it out is viable. Easiest to move right now without totally losing your butt though is silver and gold IMHO. Interesting times we're living in aren't they?[/QUOTE]
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