Is Anyone Eyeing Platinum?
Golden greetings and silver salutations! Did anyone notice that platinum is near its low of the year?
Image from: https://www.apmex.com/spotprices/platinum-price
At a price around $900, it has me thinking...not that I should be looking to spend that much. It is nice to "window shop" though. If it keeps coming down, and I can resist no longer, where do you buy yours from? I checked a couple of the major dealers and the best deal I could find (quickly) was Brittania's from Provident for $932.85 on E-Bay.
Also, how do you avoid those premiums? I do not usually shop for platinum, but those premiums all seem so high. That Brittania was actually lower in premium than most of the generic bars I found.
Before I go, I should say the old disclaimer... I'm not a financial adviser so do not take anything I write as financial advice. Until next time, keep stacking and supporting #SteemSilverGold, #SteemUSA, and #TheAlliance!
The only problem with platinum is the small market, comparing with gold and silver. It takes longer to sell and longer to find good buying deals.
You have a very good point. With platinum you may have a more difficult time selling or need to accept an offer below spot to have a dealer buy it from you.
Never rally looked into platinum. But I'm always looking to buy low. Maybe I'll take a look..
It looks like it´s still in a downtrend. But I´ll keep it on my watchlist.
As soon as the first breakouts out of the downtrend occur, I could think about buying some it.
upvoted & resteemed
I recently made a post about platinum prices. I am about to pull the trigger for 1 oz for 808 euro. Cook island plat coin.
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