a Platinum thread

A place to talk about speculative investing ideas for the optional Variable Portfolio

Moderator: Global Moderator

Post Reply
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

a Platinum thread

Post by dualstow » Thu Oct 19, 2017 1:55 pm

What would you do with platinum, Ocho, et al? Sell it back at a profit or stick your heirs with it?
ochotona wrote:
dualstow wrote:
ochotona wrote:~29% silver, 8% platinum, 7% palladium.
ETFs aside, does anyone buy physical platinum or palladium? Probably not too practical, but I love that one can store so much wealth in such a small space. Non-digital space.
Platinum still cheap compared to gold. I don't buy into EVs killing catalytic converters and therefore platinum narrative. Platinum has been cyclically cheap way before anyone cared about Telsa, but this low platinum to gold ratio range is way to the left in the histogram. Last bucket, actually. Golddealer.com has a great price on the platypus coin.
RIP Marcello Gandini
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: a Platinum thread

Post by ochotona » Thu Oct 19, 2017 4:52 pm

Fondle
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: a Platinum thread

Post by dualstow » Thu Oct 19, 2017 8:55 pm

O0
RIP Marcello Gandini
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: a Platinum thread

Post by ochotona » Tue Nov 14, 2017 12:08 pm

Just for added fun, I bought the PPLT ETF today. Then it immediately went down. Yup, Platinum is Gold's trashy twin sister.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: a Platinum thread

Post by dualstow » Tue Nov 14, 2017 12:36 pm

I think I would only buy the physical. As you wrote above, fondle.
RIP Marcello Gandini
User avatar
ochotona
Executive Member
Executive Member
Posts: 3353
Joined: Fri Jan 30, 2015 5:54 am

Re: a Platinum thread

Post by ochotona » Tue Nov 14, 2017 3:13 pm

The platypus coin is gorgeous. It's like a brilliant proof coin. Good thing I'm not running for Senate from Alabamy.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: a Platinum thread

Post by dualstow » Tue Nov 14, 2017 3:16 pm

O0 It's still legal to grope metal. They don't have any rights. Maybe someday, when they house better A.I.
RIP Marcello Gandini
Post Reply