Platinum

[Guzabuza]

That is true, but look at it this way, if US, Europe goes into a depression, if oil goes to 200 $ and gas goes up all over the world, that will have an impact on new auto demand all over the world. Auto sales won't double in the BRIC countries every second year. Higher gas prices will also lead to more efficient engines thus lowering the pollutant which would also mean less needed platinum per catalyst. Don't get me wrong, platinum will for sure rise, mostly because of inflation me believes, but how i see it, if you invest in platinum you are making one way bet --> auto industry +inflation, with silver ----> 10+ different industries +investment + inflation and gold, well its a no brainer with gold =p

Also for the poster that said Jim is buying gold at 1200 $, he said he bought gold and silver some weeks ago. Which i take it he bought gold around 1650 and silver around 30 $. Which means the bottom is in and the new floor is 1600-1650 bucks

[heavenlyboy34]

I'm a silver fanboy at the moment (can't afford gold), but best of luck to you folks buying platinum!

[Guzabuza]

Ohhh a couple more days and the bull flag formation breaks for silver.. Mmmmmm 65 $ silver this year! =)

[onlyrp]

I noticed platinum is cheaper than gold lately, very weird.

[Guzabuza]

It has been like that for the most part of the last 200 years =)

[enoch150]

That is true, but look at it this way, if US, Europe goes into a depression, if oil goes to 200 $ and gas goes up all over the world, that will have an impact on new auto demand all over the world. Auto sales won't double in the BRIC countries every second year. Higher gas prices will also lead to more efficient engines thus lowering the pollutant which would also mean less needed platinum per catalyst. Don't get me wrong, platinum will for sure rise, mostly because of inflation me believes, but how i see it, if you invest in platinum you are making one way bet --> auto industry +inflation, with silver ----> 10+ different industries +investment + inflation and gold, well its a no brainer with gold =p

Also for the poster that said Jim is buying gold at 1200 $, he said he bought gold and silver some weeks ago. Which i take it he bought gold around 1650 and silver around 30 $. Which means the bottom is in and the new floor is 1600-1650 bucks

You could just diversify a little and hold some dividend paying oil companies along with platinum and silver.

BP estimates global car ownership will rise 60% by 2030 (which doesn't include new car sales to existing owners) and even with gains in efficiency, annual energy demand will rise 40%.

http://www.dailyfinance.com/2012/02/...ndent-by-2030/

[Seraphim]

As am I. I am not buying platinum as a function of not having the income. Silver all the way for me.

If I had more money, platinum would be #2 for the PM's for me, right now.

I'm a silver fanboy at the moment (can't afford gold), but best of luck to you folks buying platinum!

[Seraphim]

That price increases of gas will be inflation (currency debasement) driven. Denominated in gold, silver - the price of gas won't go up much, if at all. Supply shocks etc could happen, but these are short term.

A new currency is coming...the REAL cost of gasoline may spike in the short run, but overall will not.

That is true, but look at it this way, if US, Europe goes into a depression, if oil goes to 200 $ and gas goes up all over the world, that will have an impact on new auto demand all over the world. Auto sales won't double in the BRIC countries every second year. Higher gas prices will also lead to more efficient engines thus lowering the pollutant which would also mean less needed platinum per catalyst. Don't get me wrong, platinum will for sure rise, mostly because of inflation me believes, but how i see it, if you invest in platinum you are making one way bet --> auto industry +inflation, with silver ----> 10+ different industries +investment + inflation and gold, well its a no brainer with gold =p

Also for the poster that said Jim is buying gold at 1200 $, he said he bought gold and silver some weeks ago. Which i take it he bought gold around 1650 and silver around 30 $. Which means the bottom is in and the new floor is 1600-1650 bucks

[Arklatex]

Perhaps the masses are not allowed to know the true use of precious metals.

Priests, Kings, and noblemen of all cultures wore the noble metal and crystal gemstones, most I'm sure did so for vanity; but even today in India it is still taught in their medical schools that your first line of defense from disease is not your integument (skin) but the 7th outer layer of your electromagnetic field (AUra)

Metaphysically speaking, Gold and Platinum have unusual properties, as does Diamond and even Quartzes which are very common. Research piezoelectricity. You can make a simple experiment right now if you have two pieces of quartz and go into a dark room, rub them together and they will glow. Quartz contains the heartbeat of the earth, astronauts have found this out first hand the further your body is removed from you mother earth, the more out of sync your body glands and hormones secretions become. Research Schumann resonances - this is not folklore i'm speaking here.


Ever heard of quartz crystal in a watch? How about in a computer? Quartz is Silicon Dioxide.

[Guzabuza]

Again, platinum will surely rise, but as stated before, you are betting on 1 industrial sector that maybe will grow 60 % in 18 years?
http://www.usmint.gov/mint_programs/...ales&year=2002

For silver the investment demand is growing at 16 % rate a year and industrial demand some 4 % a year. Also, platinum is only 14 % from its all time nominal high, silver is priced at the same level as in 1980. In other words there have been no gains in silver for the past 30 years at the same time platinum has taken out its peak from 1980 and has gained almost 1300 $ since then. In the last pm bull run platinum went from 100 to 700 $, silver went from 4 to 50$.
I mean it looks like a no brainer to me.

If history repeats it self and platinum runs as much as it did in the last bull run, then the top for platinum would be around 3200 $. But lets say it makes doubles the gain this time and it goes to 6400 $. If we are conservative and take a 1:1 ratio for P / G gold would also then be around 6400. If gold is 6400 and take a conservative ratio of 1:30 G / S then silver would be around 200 $.

So if you invest today 1000 $ in platinum at the end of the bull run you might have a gain of 365% if you invest the same amount in silver today you could have a 720 % return.

Again looks like a no brainer but all pm hoarding is good hoarding so i wish you all the best in investing in the shiny white metal! =)