Platinum Price Could See A MASSIVE Boost Because Of THIS!

This is a channel that has the latest news about precious metals, silver, gold, platinum, palladium and others. There is discussion on the following topics.
How the economy and geopolitical events can affect the prices of gold and silver.
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New releases from the US Mint and other world mints like The Perth Mint, The Royal Canadian Mint, The Royal Mint and more.
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[Coindom]

I’ve owned very little platinum in the past but in the last 2 weeks I’ve been a buyer when I noticed that I can buy 2 ounces of platinum and 10 ounces of silver for roughly the same price as 1 ounce of gold. I think in time it’ll be the better investment only time will tell!!

[jeffnelson]

If the governments stop subsidizing the EV car industry, Hybrid cars will emerge the winner and platinum will be needed for more catalytic converters. This is a win-win for platinum.

[noicue]

Out of all my metals…Gold, silver, copper and brass, platinum is indeed the rarest. I only have 1 ounce.😁👍

[Steve_aka_Fish]

While I am a bit anxious to see Pt take off... the opportunity to acquire Pt at continued low prices I certainly appreciate. I am stacking Pt aggressively as it seems the safest of the bunch in regards to downside risk.

[shinyshinyman]

Historically, Platinum was 2x the price of Gold. Its price is a tremendous bargain even more than Silver. Platinum has indeed started to rise and is headed to possibly 2x price of Gold when Hydrogen fuel cells are fully developed and widely adopted. In addition, the commodity Supercycle that’s coming will help to boost its price as well.

[jasonandjulim]

B.E. seems tohave a large position in Platinum right now. The retail customer can easily see that they are trying to move a bunch of it as fast as they can.

[peterburke]

Last week I got 2 one ounce south African platinum coins. They were minted to celebrate 1oo years of electricity. Over spot was similar to one gold coin...so they were a bit expensive. I'm not keen on buying gold at the current price. As for silver I'm thinking of buying a couple of kilo bars if it keeps falling. 85/1 would be a buy it's 76 at the moment.

[philliplawson]

I've heard platinum was a tough sell to your LCS . Has anyone had experience with selling.

[vincentyeo]

At one time many years ago, when the prices of platinum and gold were the same, I bought a necklace made of 90% platinum.
I should have bought a gold necklace instead. Whenever I think about that necklace, I want to kick myself for buying it. 🙃🤣

[JM-Unleashed]

Yes! Relatively speaking, platinum seems even more underpriced than silver, at this time. 👍

[TheEvilCowboy]

9 million slices of pie is the best way to describe platinum. You either have a slice of the pie or you don’t get any platinum pie

[briancallahan]

Sold some valcambi platinum bars the other day for 10 back of spot I think I got 1060 for each

[dglass]

PLATINUM FOREVER!!! Don't forget silver either! Just bought 75 Oz to make sure I got the LIBERTY and BRITANIAS before they either sold out, or their price got too high!!!

[chadwolfeschledgelsteinhau]

I respect silver and platinum and have both and all that. Both metals have more utility then gold especially silver. But gold is teir 1 asset . everyone stacks metals for different reasons. When the dollar collapses better have the actual money 💰.

[TheEvilCowboy]

Platinum is a sleeping giant the price will be super high super soon. There’s roughly estimated only 9 million oz if it in bullion form . Just a rough estimate give or take so there’s only 9 million slices of pie to go around I’m glad I got mine and I’m glad you got yours

[trailguy]

I like platinum and I think it will appreciate beautifully, but I think there is a very good chance that gold experiences a revaluation that platinum won’t keep up with, so I’m not going to swap any gold for platinum, but with new money I might choose to buy some platinum.

[maria]

Prices are dropping like a stone Platinum is only moving backwards, its not worth buying.

[opinionshurt]

Rarity absolutely plays a role in price. Privy marks, low mintage years, errors…those all make a piece more pricey. Sorry if i misunderstood your point.

[stevenmontplaisir]

Rarity coupled with cost to produce and usefulness should have a significant role in determining value.
The white man, 😊 like the metals are being discriminated/ manipulated against .

[silita]

I still prefer gold an silver thumbs up