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SOME HUGE POTENTIAL - Is Stacking platinum in 2022 A Good Investment Idea & Why Is It So Cheap?

By BackyardBullion, 09/10/22
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SOME HUGE POTENTIAL - Is Stacking platinum in 2022 A Good Investment Idea & Why Is It So Cheap?

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Interesting video and raises some good points re investing in Platinum.

Subject to one's investment strategy, risk tolerance and view on "if you don't hold it, you don't own it"....buying platinum as part of a "unallocated or allocated" mint or bullion dealer program may offer an alternative and provide a defined price exit point (based on spot price at the time) which may resolve some of the potential liquidity issues.

Buying unallocated from a non UK dealer may help manage the VAT issue but brings up the issue of can you trust the dealer etc especially if they are not located in your country....DYOR but just thought I'd note this as an option. I've used a local well respected bullion dealer in Aust for platinum unallocated purchases. Buy at spot (no VAT / GST) and can sell back to them (on the spot / via email / phone) at spot less AUD15.00 oz. Not a bad deal. Certainly not a large investment for me, but adds some variety to my stake and remains liquid.

 

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