Has PLATINUM become a 1 sided bet ?

Discussion in 'Bullion Investing' started by goldcollector, Jun 20, 2019.

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  1. ilmcoins

    ilmcoins Well-Known Member

    Would be interesting to see those photos and proof that he had them to start with!
     
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  3. Brian Calvert

    Brian Calvert Active Member

    Why would anyone converse with you if your not honest about transactions ?
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I havent seen a diesel powered car in ages, so not sure if that would be the
    Only reason, as there is still allot diesel trucks and semis filling the market
    As they last much longer then there gasoline counterparts.
     
  5. Cheech9712

    Cheech9712 Every thing is a guess

    Hear your a ripoff. Can you find another playground.
     
  6. Santinidollar

    Santinidollar Supporter! Supporter

    He hasn’t been here since June 24, at least signed on.
     
  7. masterswimmer

    masterswimmer Well-Known Member

    Or maybe under another pseudonym ;)
     
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  8. goldcollector

    goldcollector Member

    Platinum.might take time but it will be s big win. Can't drop too much from here
     
  9. goldcollector

    goldcollector Member

    Almost made it through a thread without silver nonsense being brought up. You can always count on Jeff.
     
    Last edited: Jul 15, 2019
  10. goldcollector

    goldcollector Member

    I think people do but automotive demand will bounce back somewhat and hydrogen fuel cell demand will be a big driver. Investment demand has also tanked and it will bounce back. Platinum will go up, maybe not immediately but it will in time.
     
  11. myownprivy

    myownprivy Well-Known Member

    Are you going to address the charges against you? Garlicus claims you stole his money and never provided his coins.
    https://www.cointalk.com/threads/if-goldcollector-did-rip-off-another-member.341442/
     
    Last edited: Jul 15, 2019
    Garlicus likes this.
  12. goldcollector

    goldcollector Member

    Up 2% today and silver down again. I imagine a nice platinum run will take a while but it will happen. And the silver powerball players will just keep losing like always.
     
  13. Brian Calvert

    Brian Calvert Active Member

    Go away dude... or pay your debt... Unreal, non human type... Loathe the greed of the filthy ravel
     
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  14. -jeffB

    -jeffB Greshams LEO Supporter

    Like when they pay for silver that they never receive?

    Oh, and just to point out exactly how much your word is worth, here's a snapshot of today's prices from less than ten minutes after you posted:

    gold_1d_o_USD_z.png silver_1d_o_USD_z.png

    Gold up 0.45%, silver up 1.58%.

    Any other easily-refuted claims you'd like to make, while you're here?
     
    slackaction1, Garlicus and Heavymetal like this.
  15. myownprivy

    myownprivy Well-Known Member

    Let's stop with the silly argument. Who cares that silver went up 1.58% and gold went up .45%. You have a better chance of realizing profit on gold than on silver because you will pay higher premiums on silver than on gold, so you need silver to increase vastly more than gold.

    The spread on gold is smaller, so you can realize more of that spot increase when selling. However, the spread is big on silver, so you will not realize much of that price increase.

    Do we need to go through these every day examples again?

    Gold spot: $1416 Silver spot $15.42
    If you have $1481 to invest you could buy

    1 gold Eagle for $1481. https://www.jmbullion.com/2019-1-oz-american-gold-eagle-coin-bu/
    You have paid 4.4% premium. Gold needs to rise 4.4%, or $65 an ounce for you to get even again.

    80 silver Eagles for $18.42 each. You paid a 16% premium. Silver needs to rise 16% for you to break even.




     
    Last edited: Jul 15, 2019
  16. masterswimmer

    masterswimmer Well-Known Member

  17. -jeffB

    -jeffB Greshams LEO Supporter

    Certainly not the poster who lied that gold went up 2% and silver went down, and might conceivably lie about other things.
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    Anytime we want an opinion from somebody like you, we’ll ask for it.
     
    Garlicus likes this.
  19. goldcollector

    goldcollector Member

    I think everyone should be jumping on this platinum train right now at $835. Anyone who gets in now is gonna come out really well, it might take a year or 2 or maybe even 3 but no way the price can stay this low. Its a 1 sided bet right now. Of course most people won't touch it. Too busy buying their silver powerball ticket which always loses. But don't worry when platinum is $1400 or more in a few years ( and silver still $15 or lower ) everyone will claim they pounded platinum back at $800.
     
  20. slackaction1

    slackaction1 Well-Known Member

    Do we need to go through these every day examples again?

    Gold spot: $1416 Silver spot $15.42
    If you have $1481 to invest you could buy

    1 gold Eagle for $1481. https://www.jmbullion.com/2019-1-oz-american-gold-eagle-coin-bu/
    You have paid 4.4% premium. Gold needs to rise 4.4%, or $65 an ounce for you to get even again.

    80 silver Eagles for $18.42 each. You paid a 16% premium. Silver needs to rise 16% for you to break even. Yes, Myownprivy I need to see and read your examples to see how you come to the conclusion or understand.. thank u much..
     
  21. slackaction1

    slackaction1 Well-Known Member

    Goldcollector you got any silver for sale?
     
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