1. Stocks take a break, metals up
    Dismiss Notice
  2. Good Tuesday Morning! We have Gold up 5.4 to 1251 while Silver is up 7 to 16.64. Crude is also up 44 to 43.82. The USD is down 52 to 96.59
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

Physical Platinum Drying Up

Discussion in 'Purchasing Precious Metals' started by Chester-Copperpot, Jul 21, 2015.



  1. 917601

    917601 Mother Lode Found Mother Lode

    Joined:
    Apr 2, 2010
    Messages:
    10,861
    Likes Received:
    8,616
    Trophy Points:
    113
    Consider it your retirement, think ahead, it will rise like the Phoenix when the bloodbath plays out, thunderstorms and shakings do not last forever. I never even thought of selling at 2200.......
     
    Chester-Copperpot likes this.
  2. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    I havent purchased one of the new Maples like that with the lines in the field of the coin......any thoughs on how it looks in person? not that it matters just curious
     
  3. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,275
    Likes Received:
    2,469
    Trophy Points:
    113
    It looks so much better in person than the pictures look. Above the "1 oz" is a hologram leaf, doesn't show in the picture. If I could find more for $75 over I'd buy these over the Vacambi bars all day. Here's another pic, not much better but shows the hologram.

    [​IMG]
     
  4. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,275
    Likes Received:
    2,469
    Trophy Points:
    113
    Will we see $8xx Platinum?
     
  5. savvydon

    savvydon Gold Member Gold Chaser

    Joined:
    Dec 14, 2010
    Messages:
    1,890
    Likes Received:
    1,446
    Trophy Points:
    113
    IDK, but the physical market is getting very tight. Try getting an APE for less than $200 over spot.
     
  6. 917601

    917601 Mother Lode Found Mother Lode

    Joined:
    Apr 2, 2010
    Messages:
    10,861
    Likes Received:
    8,616
    Trophy Points:
    113
    Many simply do not get it. Study the "history" and you will, or will not...huge gains for the future. It is and has been part of my " trinity" investment. Investing in the " King" of PM's pays off.
     

    Attached Files:

  7. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    sure would like to find some to buy closer to spot.....
     
  8. SilverBuyer

    SilverBuyer Silver Member Silver Miner

    Joined:
    Jan 21, 2015
    Messages:
    744
    Likes Received:
    565
    Trophy Points:
    93
    ttazzman likes this.
  9. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,275
    Likes Received:
    2,469
    Trophy Points:
    113
    JMB had a bunch last night. Almost pulled the trigger on the Vacambi bars. Physical market for Platinum seems very tight.
     
  10. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
  11. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    Last edited: Sep 25, 2015
  12. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,275
    Likes Received:
    2,469
    Trophy Points:
    113
    louky likes this.
  13. Usury

    Usury Gold Chaser Platinum Bling

    Joined:
    Apr 1, 2010
    Messages:
    3,673
    Likes Received:
    2,685
    Trophy Points:
    113
    Ways to invest in paper Platinum?
     
  14. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
  15. Usury

    Usury Gold Chaser Platinum Bling

    Joined:
    Apr 1, 2010
    Messages:
    3,673
    Likes Received:
    2,685
    Trophy Points:
    113
  16. 97guns

    97guns Gold Member Gold Chaser

    Joined:
    Jul 29, 2010
    Messages:
    1,336
    Likes Received:
    1,016
    Trophy Points:
    113
    Gender:
    Female
    Occupation:
    RETIRED
    Location:
    USA
    Palladium has been on a tear the last 3 days, up 11%
     
  17. 917601

    917601 Mother Lode Found Mother Lode

    Joined:
    Apr 2, 2010
    Messages:
    10,861
    Likes Received:
    8,616
    Trophy Points:
    113
    I buy all the One Nobles to be had, none found lately....bringing $1120 on ebay....
     

    Attached Files:

  18. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,275
    Likes Received:
    2,469
    Trophy Points:
    113
    Nice looking coins those Nobles. Best I can find are the Platyplus at $1025. Still think when we enter the bull market Platinum will explode higher.
     
  19. 917601

    917601 Mother Lode Found Mother Lode

    Joined:
    Apr 2, 2010
    Messages:
    10,861
    Likes Received:
    8,616
    Trophy Points:
    113
    Platinum is a " good times" PM, or so I noticed since I bought in the $5-600 range ( 2000, 2001).When this current down turn passes and the " all is well" signal is broadcast, you will reap the rewards.
     
  20. SilverBuyer

    SilverBuyer Silver Member Silver Miner

    Joined:
    Jan 21, 2015
    Messages:
    744
    Likes Received:
    565
    Trophy Points:
    93
  21. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    i did snag some "small ball" PT today a handfull of 1/10oz PT eagles for 125$ each.....:)
     
  22. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    louky likes this.
  23. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
  24. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    got my hand full.......lot less on hand now.....
     
    Chester-Copperpot likes this.
  25. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    big baller, dang! i went ahead and added one even though i'd rather have a coin for my first pt purchase. seemed like a good deal though for $13.80 over after using the ebay card gringott posted in the deals thread, plus standard cb options. 85 left as pf this morning.
     
  26. southfork

    southfork Mother Lode Found Mother Lode

    Joined:
    Mar 31, 2010
    Messages:
    13,032
    Likes Received:
    10,260
    Trophy Points:
    113
    Odd that many consider gold and platinum to be in short supply yet the best deals on metals are on the aforementioned while the step child silver commands an ungodly % over melt and delivery is many weeks out.
     
    bemac likes this.
  27. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    I use to be confused like you, then I realized all the answers can be found in my local grocery store. That said, I may need to get out myself and take a look around as it sounds like the market has really changed in the last 12 days. My most recent silver orderwas on my door step in 5 days @ 99 cent premium.
     
  28. bemac

    bemac Midas Member Midas Member

    Joined:
    Nov 5, 2010
    Messages:
    5,222
    Likes Received:
    4,211
    Trophy Points:
    113
    Premiums on 1oz rounds have risen, there haven't been any buck-over-spot deals in quite some time.
     
  29. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    my take on it in simple terms is....

    #1 silver is in short supply ...no retail sellers...selective demand...selectively high premiums

    #2 gold is not in short supply ...still plenty of retail sellers.....normal premiums

    #3 PT is in short supply.....very little (small pool) retail product in general ..very few retail product sellers.....very very high general premiums

    on PT thats why the ~3% premium on the product offering above is rare in a ~10%+ premium market
     
  30. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    bemac and ttazzman like this.
  31. bemac

    bemac Midas Member Midas Member

    Joined:
    Nov 5, 2010
    Messages:
    5,222
    Likes Received:
    4,211
    Trophy Points:
    113
  32. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    a hoosier, ahhhhhhhh ;)
     
  33. bemac

    bemac Midas Member Midas Member

    Joined:
    Nov 5, 2010
    Messages:
    5,222
    Likes Received:
    4,211
    Trophy Points:
    113
    Nope, TN'er.

    But Hoosiers was a great movie. :D
     
  34. Usury

    Usury Gold Chaser Platinum Bling

    Joined:
    Apr 1, 2010
    Messages:
    3,673
    Likes Received:
    2,685
    Trophy Points:
    113
  35. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    Lol.....still lower than everyone else.....i ordered more in the $950s.....seems to be how it goes for me tooo......deal is over now premium is back up 50$
     
  36. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    2,553
    Likes Received:
    1,271
    Trophy Points:
    113
    Location:
    Bluegrass
    I had a feeling it was going to drop this morning, but thought the deal would end Sunday night. Oh well, guess I ultimately paid $14+28=$42 premium
     
  37. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    4,395
    Likes Received:
    3,318
    Trophy Points:
    113
    Occupation:
    commercial/ industrial-construction/engineering/ma
    Location:
    mid-usa
    on ebay most everything is carrying a ~100$ premium now......so it was a heck of a deal for a bit....i am glad i got a couple of hand fulls..
     
  38. BUILT TO LAST

    BUILT TO LAST Gold Member Gold Chaser

    Joined:
    Apr 2, 2011
    Messages:
    895
    Likes Received:
    560
    Trophy Points:
    93
  39. BUILT TO LAST

    BUILT TO LAST Gold Member Gold Chaser

    Joined:
    Apr 2, 2011
    Messages:
    895
    Likes Received:
    560
    Trophy Points:
    93
    Do you folks really trust eBay for PMs?
     
  40. Usury

    Usury Gold Chaser Platinum Bling

    Joined:
    Apr 1, 2010
    Messages:
    3,673
    Likes Received:
    2,685
    Trophy Points:
    113
    Depends on the seller. Many of the larger, trustworthy PM sellers that sell online outside of ebay also have ebay seller sites and run very good deals from time to time (i.e,. Apmex, MCM, etc, etc).
     
    BUILT TO LAST and ttazzman like this.

Share This Page