Platinum takeing a beating !

Discussion in 'Bullion Investing' started by mpcusa, Jul 10, 2017.

  1. mpcusa

    mpcusa "You break it you buy it" Supporter

    I was looking at buying some more Platinum, as of right now i only have a
    1/10 OZ APE but i was looking really close at the numbers, and i might just
    pass on buying anymore at present, looking at the data as far back as 2010
    Platinum is the only non performer out of the most popular PM.S Gold, Silver,
    Palladium and Rhodium, Platinum is down over 3 Percent ! and it looks like
    That trend is going to continue, current spot as of this writing is $903.50
    Down $7.00 getting really close to the $800 level, really liking Palladium
    at the moment by the way that,s the champion over that same period up
    Nearly 30 Percent, so based on those numbers probably looking to Palladium
    for the next 1 OZ purchase.

    Any Palladium investors out there ?
     
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  3. Valentinian

    Valentinian Supporter! Supporter

    "Buy low, sell high." Why do so many people decline to buy when commodities are low and instead, contrary to obvious advice, buy them only long after they have been going up?
     
  4. Victor

    Victor Coin Collector

    Back about 2007 or 2008 or so a coworker told me Palladium was getting ready to jump.
    At the time one ounce cost $318. I didn't buy.
     
  5. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Did you really need to make another thread about Palladium? Platinum won't go below Palladium, except for some screwy "blip" or "glitch" situation.
     
    Mr Roots likes this.
  6. Collecting Nut

    Collecting Nut Well-Known Member

    They are all precious metals and all precious metals go up and come down, over and over and over and over. It never ends.
     
    Santinidollar likes this.
  7. Jason.A

    Jason.A Active Member

    Did MPCUSA start another thread? What a silly question! Yes, he started another thread to ask the same question or make the same point that he made in 5 other places. I nominate him as the most annoying member of cointalk.
     
  8. NorthKorea

    NorthKorea Dealer Member is a made up title...

    He won't beat Tim/Detecto. He holds the lifetime achievement award for repetitive posting.
     
  9. mpcusa

    mpcusa "You break it you buy it" Supporter

    Well, if you care to look at the latest spot price Platinum is on it,s way down and
    Palladium is on its way up as of right now only a $57 difference, looking for one
    Of your "Blip" or "Glitch" Scenarios....LOL
     
  10. Jason.A

    Jason.A Active Member


    LOL!

    LOL, GUYS! HA HA HA. This is so funny. LOL
     
    Mr Roots likes this.
  11. mpcusa

    mpcusa "You break it you buy it" Supporter

    Th
    This thread is about the drop in Platinum, i simply mentioned that Palladium as
    A better alternative, this thread has nothing to do with other one !
     
  12. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Mr Roots and Jason.A like this.
  13. mpcusa

    mpcusa "You break it you buy it" Supporter

  14. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Why not just sell your 1/10 Oz Eagle, since you have no confidence in Platinum? I'm sure someone will buy it, assuming your premium isn't insane.
    Oh, and for a thread that's supposed to be about the drop in the platinum price, it seems you started and ended with mentioning palladium.
     
    Mr Roots and Jason.A like this.
  15. mpcusa

    mpcusa "You break it you buy it" Supporter

    I am collecting/investing in a little bit of everything in 1/10 once, mostly Gold
    In 1 OZ as well as allot of Silver Bars and ASE,S.

    Since i already have it (Platinum 1/10 OZ) why would i sell it at a loss, since
    The price has already dropped ?? not into the short term investing game, going
    Long term 10 Years plus.
     
  16. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Oh, based upon your apparent need to tell us about every shift in PM prices, I was thoroughly confused. I thought you were a short-term speculator, based upon your posts and momentum driven purchasing habits.
     
    Mr Roots likes this.
  17. mpcusa

    mpcusa "You break it you buy it" Supporter

    I am sure we all pay close attention to PM prices all across the board, and I simply
    Made comment about Platinum taking a dump and choosing an alternate PM to
    Invest in, give the insults a break all ready !!
     
  18. NorthKorea

    NorthKorea Dealer Member is a made up title...

    What insults?
     
    Mr Roots likes this.
  19. Jason.A

    Jason.A Active Member

    Do not dare question the mighty MPCUSA! Just questioning him is an insult!
     
    Mr Roots likes this.
  20. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    FYI, next to the thread title is the avatar, and members name. If someone doesn't like that member, or their posts you don't have to click it, or you can choose the ignore option for that individual member. I'm stating this because it seems, "IMO" that there are more complaints than contributions to MPCUSA's posts/threads from some members. I try hard to keep in mind, (most times) the fact that this forum is read, and open to folks of all ages. Just trying to offer a suggestion to keep the threads friendly. Not my intention to insult anyone. Stack on my friends. :)
     
  21. Mr Roots

    Mr Roots Underneath The Bridge

    When you put a turbo poster on ignore it makes threads seem way out of context.
     
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