Platinum

Discussion in 'Bullion Investing' started by CHARLES GINETTO, Apr 8, 2020.

  1. TheFinn

    TheFinn Well-Known Member

    Electrics don't have the range needed for modern driving routes, and the recharging takes longer than people are patient for today.
    The weight of the batteries is another factor, and expensive to recycle or dispose of.
    I think diesel and gasoline will still be around for a while. The engineering isn't around to change that. You can either burn fossil fuels to power the car, or use more coal and nuclear power to make electrons.
     
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  3. goldcollector

    goldcollector Member

    It is used in the production of up to 25% of all consumer goods. Mirrors, plastic, electronics, medical devices just to name a few
     
  4. losthomer

    losthomer Active Member

    The electrics out now are the earliest versions. Performance will only hey better. It's like when MP3 files could downloaded directly DVDS and CDS days were numbered.
     
  5. goldcollector

    goldcollector Member

    It's almost back to $900 already. It sucked spending the last 2 months buying it from $700-$750.
     
  6. goldcollector

    goldcollector Member


    Already up big on all the Platinum purchased in the past 4 months, since the shutdown caused a PM collapse. I was paying $150-$175 premiums but Platinum has rebounder $300 and $25-$50 of the premium you get back when you sell.
     
  7. Oldhoopster

    Oldhoopster It seemed like a good idea at the time.

    Are you going to use some of that profit to pay back the Coin Talk member you ripped off?
     
    slackaction1 likes this.
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