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Nickelless
Administrator
USA
5580 Posts |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 12/14/2008 : 08:23:03
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| I think we will see the largest gap between platinum under gold in history |
Copper Penny Investing
www.portlandmint.com |
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rodzm
Penny Pincher Member
USA
143 Posts |
 Posted - 12/14/2008 : 08:56:02
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| i'd be loading up on platinum...its undervalued right now and when the automakers pick back up you will see a huge boom and wish you wouldve gotten in on the low |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 12/14/2008 : 12:05:09
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I plan on buying some, but I think it may drop a few hundo more. I dont think we have reached bottom yet...
I think $650 PT is more then attainable. Hoping for maybe $450.00 but I don't think that bottom can be reached,and if did, none would be sold to you... |
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rodzm
Penny Pincher Member
USA
143 Posts |
Posted - 12/14/2008 : 12:15:44
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quote:
Originally posted by oober
I plan on buying some, but I think it may drop a few hundo more. I dont think we have reached bottom yet...
I think $650 PT is more then attainable. Hoping for maybe $450.00 but I don't think that bottom can be reached,and if did, none would be sold to you...
I dont think $450 Platinum is realistic however $650 is within reach as that would be only a $175 drop from today's spot. I got my APMEX alerts set when Ask drops below $725.
The problem that we will have if it gets to low 700's and mid to high 600's is that there will very little to be found and if you can find any you can expect to pay $100+ premium
I would pick up some palladium when the Ask falls below $150 |
Edited by - rodzm on 12/14/2008 12:20:44 |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 12/14/2008 : 15:11:03
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| I agree and I think 600-650 is going to be the target mark. Im not sure about the supply though becuase there is a LOT less being used right now! We will just have to see what happends. Apmex has plenly of platinum to buy right now. We will see if that trend holds |
Copper Penny Investing
www.portlandmint.com |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 12/14/2008 : 16:25:24
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| Can always hope for $450, but like I said, no one will be selling at that price. |
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PennehChaos.
Penny Collector Member
USA
269 Posts |
Posted - 12/15/2008 : 10:13:53
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| Heck, APMEX already has a $100 premium on 1-oz bars... The gamblers can swap paper for any price they like, but it's the real world that determines how much it costs to put the metal in your hand. |
Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead? |
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Nickelless
Administrator
USA
5580 Posts |
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snappy
Penny Collector Member
USA
301 Posts |
Posted - 12/15/2008 : 10:59:21
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| I expect it to drop to 425-475 lots of reasons. |
Selling Ryedale sorted USA cents
1.5 each + shipping over 500fv 1.5 each +1/2 shipping
If you pick up 1.35 each
located MT/ND boarder.
after Ryedale sorting they are hand sorted to remove canadian then rechecked with Ryedale to insure all copper and count out $50 FV then placed in cloth bags and sealed with #1 copper wire. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 12/15/2008 : 19:12:00
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| Looked today, no fractional platinum today in my neck of the woods. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 12/15/2008 : 19:58:14
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1/10 ouncer available at my dealer. He wanted $88. I passed. Probably should have picked it up though. Oh well....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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Nickelless
Administrator
USA
5580 Posts |
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natsb88
Administrator
USA
1850 Posts |
Posted - 12/15/2008 : 20:20:55
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quote:
Originally posted by NotABigDeal
1/10 ouncer available at my dealer. He wanted $88. I passed. Probably should have picked it up though. Oh well....
Deal
Definitely! The cheapest I've seen them on eBay lately is $120-$130 + shipping... |
Nate
The Copper Cave
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 12/15/2008 : 20:41:09
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quote:
Originally posted by NotABigDeal
1/10 ouncer available at my dealer. He wanted $88. I passed. Probably should have picked it up though. Oh well....
Deal
Snatch that bad boy up, you could even flip it on ebay for a profit.... |
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Topic |
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Gold price higher than platinum at the moment
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