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Roaldos
Roaldos's Achievements
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LawrenceChard reacted to a post in a topic:
Is platinum a good buy or is it too new to treat the same as Gold
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I ended up buying it. Not perfect timing, I see that I missed Thursday's sale, but then again the 2-3%.. :-) Happy with my new coin!
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LawrenceChard reacted to a post in a topic:
Is platinum a good buy or is it too new to treat the same as Gold
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I am following ''Silver Chartist'' (hope it's OK that I mention it, it's not advertising), he has the same opinion. The article I posted above makes a good case on maybe not to invest too much in platinum at the moment, however, as you mentioned, the platinum-to-gold ratio is very low indeed. I found a deal for 13.7% over spot on a 1oz 2019 Kangaroo (new, from trusted dealer), I want it, on the one hand, but with current ''cheapness'' in the markets (looking at Royalties like Metalla and Sandstorm, one of them trading below/around NAV) I like to have some cash on hand. But if I would buy, around 13% above spot seems ''cheap'' for physical platinum.
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monkstax reacted to a post in a topic:
Is platinum a good buy or is it too new to treat the same as Gold
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Was just reading some about Platinum, don't know if it helps some of you, but this article gives an overview idea. https://investingnews.com/daily/resource-investing/precious-metals-investing/platinum-investing/platinum-outlook/ Comparing it to the Uranium sector for example (where the shortage is already there and demand rising steadily), it doesn't sound very attractive for the short/medium term (2-4 years) imo.
