Who,s liking Platinum right now ?

Discussion in 'Bullion Investing' started by mpcusa, Apr 15, 2019.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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    Have been buying 1/10 oz Platinum Coins for awhile now allot
    When it was under $800 an OZ, still a great value and upside :)
     
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  3. Clawcoins

    Clawcoins Well-Known Member

    I always like Platinum, but haven't been buying even when I wanted too when it was under $800. Oh the travesty.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Platinum use to be king of the precious metals, its making its way back
    and i want to go along for the ride :)
     
  5. furham

    furham Good Ole Boy Supporter

    I own some platinum. Glad to see it's making a comeback.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think you will find, its on its way up :)
     
  7. FryDaddyJr

    FryDaddyJr Junior Member

    so too late to buy. wait and sell

    ?
     
  8. EdThelorax

    EdThelorax Active Member

    Adam and Eve double bottom. A break of $950 would give a target of $1300.
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    mpcusa likes this.
  9. Don P

    Don P Active Member

    Keep in mind that platinum is used in catalytic convertors primarily and this hinges on car sales. If we get into a recession, the demand for this metal could go to new lows. It's primary use is industrial, not like gold.

    Car companies right now are starting to get away from palladium since it's price is way to high and will resort back to platinum. In the future though with electric cars, they won't need platinum since there are no emissions.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Electric cars will always be around, but are we going to depend on them entirely ?
    As we move in to the future one of the areas that are booming right now is performance based automobils, electric based vehicles can not come close to
    That type of speed and sense there are allot of motorheads out there i dont
    See that ending anytime soon.
     
    furham likes this.
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