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<p>[QUOTE=&quot;Clawcoins, post: 2563121, member: 77814&quot;]I used to have some Platinum proof eagles.</p><p>I sold them for spot.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>But people are enamoured by Gold and Silver.&nbsp; That&#039;s the primary metal they make jewelry out of so people are used to it.&nbsp; Yes they make jewelry out of platinum too but I think sales pale in comparison.</p><p><br /></p><p>I&#039;ve thought of getting a few Proof Platinum Eagles again just because I like the designs.</p><p><br /></p><p>But since Platinum prices have dropped below Gold it doesn&#039;t seem like a good PM investment. Since Platinum is used in the automotive field and there are 2 other alternatives to it they can swap if the price gets too high, thus the reason you see Palladium and Rhodium in the market.</p><p><br /></p><p>Matter of fact, I&#039;ve moved away from the concept of owning any physical PMs for investment only purposes and will only do PM ETFs.&nbsp; Then when you add the cyclical nature of PMs you simply have to wait to buy PMs when they are low.&nbsp; So I&#039;m going to set aside a stable investment of bonds or something which I&#039;ll use to electronically cash in to convert to a crash in the PM market.&nbsp; I don&#039;t really want to have to sit on an investment for years waiting for a hopeful good return.</p><p><br /></p><p>If you look at a long trend of Platinum prices you get this ...</p><p>[ATTACH=full]552841[/ATTACH]</p><p><br /></p><p>If you slice it and dice it you can make it show anything that you want to show.</p><p><br /></p><p>And compare it to Gold</p><p>[ATTACH=full]552844[/ATTACH]</p><p><br /></p><p>But platinum is like any other investment.</p><p>Determine your IN price, and determine your OUT price whether UP or DOWN in order to gather gains or to preserve losses.</p><p><br /></p><p>But think of it this way.</p><p>Where is the demand for Platinum?</p><p>is it in coinage?&nbsp; If so, why are there so few options out there?</p><p>And thus how is the demand/supply for platinum managed and how would that affect future supply.&nbsp; Keeping in mind for automotive consumption there are 2 other alternatives available if the price gets too high.[/QUOTE]</p><p><br /></p>

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