What do you think about investing in one ounce Platinum bullion bars or platinum coins?
I will wait and see before I buy platinum.
The Platinum price has gone up because South Africa (Largest Platinum producer) has had power outages as of late. This got all the speculators into the market. If oil is anything to go by then 30% of the current price will be speculators running the price up.
News out of South Africa indicates that electricity will be re-instated within the next few days, allowing the mines to return to production. If this is the case I am not to sure that the price will hold at the current levels.
There is talk of economic resession, if this is indeed accurate then the number of new vehicle sales (and then production) should start going down again.
Platinum is used for catalitic convertors on vehicles. So my view is that there will be a decrease in platinum demand filtering through, so watch new vehicle sales before investing hard cash.
These are my thoughts, but should not be used to guide your investment decisions request specialised advise on these topics.
Fake Gold Bars, Seen Any ?
| | PURE 99.9 Platinum BULLION 1 Grain MINTED Bar VERY RARE!!!! $6.99 |
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| | ESTATE SALE ★ PAMP GOLD PLATINUM SILVER BARS COINS INDIAN HEAD CENTS RUBIES $219.95 |
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| | PEN GOLD SILVER PLATINUM TESTER +battery-TEST BAR KARAT INGOT PRECIOUS METAL $49.00 |
| | PEN GOLD SILVER PLATINUM TESTER +battery-TEST BAR NUGGET FOIL BULLION KARAT $49.00 |
| | GRANDPAS ESTATE SALE ★ GOLD PLATINUM BULLION SILVER ART BARS INDIAN CENTS RUBIES $152.95 |
| | Pamp Suisse Box for Storage of (25x) – 1 gram to 1 oz Bars-Silver Gold Platinum $19.99 |
| | $GRANDPAS ESTATE SALE ★ GOLD PLATINUM COINS SILVER BARS INDIAN HEAD CENTS RUBIES $149.95 |
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| | 1 GRAIN PLATINUM BULLION BAR .999 PURE FINE $15.99 |
| | GOLD,SILVER,PLATINUM BULLION LOT,PAMP SUISSE,CREDIT SUISSE BARS,MORGAN DOLLARS $646.67 |
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| | American Certified Bullion (ACB) VERY RARE 5 GRAIN BAR PURE 99.9 PLATINUM + GIFT $24.49 |
| | FOUR 5 GRAIN BARS 24K GOLD + 99.9 SILVER + 99.9 PALLADIUM + 99.9 PLATINUM +GIFT $59.99 |
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| | PEN GOLD SILVER PLATINUM TESTER +battery-TEST BAR NUGGET FOIL BULLION KARAT $49.00 |
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| | 1 GRAM PAMP SUISSE PLATINUM BAR INGOT PURE .9995 BAR $62.00 |
| | 1 oz ENGELHARD PLATINUM BAR! UNCIRCULATED ~ NEW ~ NUMBERED + CERTIFIED !! $1,699.00 |
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| | Pamp Suisse Box for Storage of 25- 1 gram to 1 oz Bars-Silver Gold Platinum $13.46 |
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| | GOLD TO CASH .COM – COIN BAR BULLION DOMAIN NAME SCRAP SILVER BUY SELL PLATINUM $10,000.00 |
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| | 4 Precious Metal GRAIN 24K GOLD 99.9 SILVER, 99.9 PALLADIUM, 99.9 PLATINUM BARS $29.99 |
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| | Pamp Suisse Box for Storage of 25- 1 gram to 1 oz Bars-Silver Gold Platinum $50.00 |
| | ~ Credit Suisse 1 Gram .9995 Platinum Bullion Bar ~ $85.00 |
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| | Engelhard, 10 Ounce, .9995 Platinum Bar $27,000.00 |
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| | 1 TROY GRAIN – .999 SOLID PLATINUM BAR – SSB MINT $14.79 |
| | FIVE 5 GRAM SWISS PURE PLATINUM BARS .9995 BULLION CREDIT SUISSE CERTIFIED $1,529.00 |
| | ONE 99.95 PLATINUM 1+ GRAIN BULLION.FROM CREDIT SUISSE BAR $12.55 |
| | ***** 1 oz Platinum Pamp Suisse Bar $2,249.00 |
| | ***** 1 oz Platinum Johnson Matthey Bar $2,249.00 |
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