/r/Platinum
The Rich Man's Gold
Platinum is the rarest of the precious metals, and some say the most beautiful. It has the power to convert deadly hydrocarbons into CO2 and water. With barely 5 million ounces available per year for all usages including investment, little Plata is both in demand, and scarce. The heaviest of the precious metals, Platinum has a unique weight that you might say is astonishing.
/r/Platinum
4,926 Subscribers
I want to start a platinum stack. Which is better, 990 or 950 platinum?
They’re being sold for the same price. And I rather buy jewellery than bars as platinum doesn’t guarantee a high return like gold does. So, might as well wear instead of regret ever buying if it does tank.
Which of the 2 variety would you say is a better investment?
15:27 UTC
Platinum Trillion Dollar Coin vs 78Pt's Real Value Proposition
04:11 UTC
IF YOU DON'T HOLD IT: MAJOR SCORE
06:39 UTC
1 oz Platinum Perth Lunar Tiger 🐯
04:14 UTC
Platinum: A major waste of $$$
07:37 UTC
Lots of Platinum Available!
I'm selling my 10oz platinum PAMP Lady Fortuna bars in assay. Bars are unhandled and no scratches or damage (only removed for pics). Will post to r/pmsforsale later.
*Total quantity still available: 2
*Sales price: 11,050
*Proof: here
*NYMEX futures: 1,058.40
*TVC spot: 1,049.10
20:39 UTC
Lil variety never hurt 🤷
05:34 UTC
Full Family Photo!!
100.6 ounces at $1090 average per ounce since I started in 2017.
Lowest price I ever snagged was $802. Most expensive ounce I think are the snowy owls or maybe the beast completer at around $1,400.
I have no reason for this other than I like the way Pt looks.
13:54 UTC
Better look at this Proof Eagle
1998 Reverse Proof I believe. Got these off of Liberty Coin (where I shop at) completely random dates, designs etc for cheaper prices. Cool Eagle though!!
03:56 UTC
New stacker!
Been stacking mostly Gold and Silver but I’m looking into Platinum as well. Only 4 Troy Ounces right now…I want to take advantage of lower Platinum spot prices now before it goes up in price. These Eagles are all random I tend to go more towards more metal for my money so I’ll start stacking Bars next or anything that may have better deals and low premiums. Maybe the dealer gave me that Proof because when I bought it the Platinum prices may have been changing so they added something more valuable to adjust to my order…I’m not sure but I think a lot of dealers do this.
00:29 UTC
Costco
I love American eagles, especially the proofs, but I received a batch of these today and they are beautiful.
Anyone else love Costco precious metals?
21:13 UTC
46 Gram Curb link
15:28 UTC
Platinum Grams
14:43 UTC
Back the truck before 1,000 isn’t seen again
09:50 UTC
I did it
08:33 UTC
Check it out. Comprehensive videos on the metals with emphasis on silver and platinum. Completely free, yet high quality, and much effort put into these videos
Feedback appreciated as well as ideas for other potential future videos. I might do one analyzing ratios next? ?
01:28 UTC
Just Arrived Today Courtesy of Fedex
The 10oz bars just feel better.
03:59 UTC
With Geopolitical tensions rising; one must be prepared for hard assets to accelerate.
13:41 UTC
Some recent pickups. I just can’t stop.
03:37 UTC
Where could I get a platinum Cuban for as close to spot as possible?
Thanks I’m advance.
01:50 UTC
Can’t stop dabbling into PGM’s
19:44 UTC
Platinum Denominated in Japanese Yen. This is a one-year chart showing what platinum looks like in yen per gram. It's been getting an extra boost lately because the dollar has been getting stronger against the yen. It's affecting the yen-denominated prices of gold and silver the same way.
05:48 UTC
Platinum Demand Shock
Looks like APMEX is scrambling to source platinum eagles at the moment. I just got an email from APMEX offering to buy my platinum eagles at a limited time price of $1050/oz. No thank you, but this is definitely getting interesting.
16:07 UTC
Platinum Net Demand 2024 The Highest Since At Least 5 years!
The market balance has never been more negative than 2024 (estimate):
https://www.heraeus.com/en/hpm/market_reports/precious_metals_demand/pgm_demand_supply.html
As you can see, supply cannot keep up with demand. Bullish if you ask me.
12:57 UTC
Platinum Monthly Chart Back 20 Years. Platinum has certainly tried our patience for the last seven years, but if it is actually a massive base as shown in this chart, we could easily see an explosive doubling of price in the not too distant future. Looks like a good opportunity to me.
11:21 UTC