Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

JohnGalt

New Member
  • Posts

    2
  • Joined

  • Last visited

  • Trading Feedback

    0%
  • Country

    Spain

Profile Information

  • Gender
    Male
  • Location
    Spain
  • Stacker/Collector
    Stacker

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

JohnGalt's Achievements

  1. Platinum also has a low market cap, there is not a lot compared with gold, and while it may be less pretty by some it weights more. All the gold in the world it's worth 75% of all USD, or 14% of a global currency I made up (with wonky formulas). And how much is worth platinum? It has the same value as Etherum, an internet currency that's not even backed by force.
  2. Platinum is the metal to accumulate right now, for industrial value it has a lot of potential, but what makes a metal useful for long term investment in my opinion is low supply and useful in jewelry, that makes it "precious" and that means it has a potential monetary value after the fiat collapse. I own some in ETF 100% backed by the metal, I don't see the use of holding it, too risky and expensive and I don't think it will ever be accepted in barter by itself. I attach a chart I created of the value of silver and platinum vs XAU.
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use