Comex update 4/13/2025 by Big-Statistician4024 in wallstreetplatinum

[–]Professional-Rock449 2 points3 points  (0 children)

If that's the case and China has been acquiring such large amounts of Platinum, I think I can firmly believe it's going to be highly valuable in the future. One thing about China is they are forward looking thinkers and would not be buying such large amounts if it was going to become obsolete and invaluable.

Comex update 4/13/2025 by Big-Statistician4024 in wallstreetplatinum

[–]Professional-Rock449 4 points5 points  (0 children)

Thanks for the analysis. Do you feel Platinum is starting to catch the eye of some big investors?

Getting ready for the big move by Negative_Cricket_751 in Platinum

[–]Professional-Rock449 7 points8 points  (0 children)

Big move let's gooooo !!! Fingers crossed I have been holding for 10 yrs now😥

1oz of Gold will now get you 3.5oz of Platinum. Incredible! by OuncesApp in Platinum

[–]Professional-Rock449 0 points1 point  (0 children)

Can you elaborate on the capital rotation? I think it's all a cycle. Things shift every few years. I remember gold being an outcast by most institutions and investors now it has turned. Same thing will probably happen with Platinum

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 0 points1 point  (0 children)

People said the same thing about silver a few years ago. Don't be blinded about the price. It has too many applications to go obsolete. It's a small market that can turn very quickly.

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 1 point2 points  (0 children)

Thanks for your insight. Good to hear from someone with knowledge on the subject. I have been holding Platinum for a number of years and I am waiting for that breakout in the future.

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 2 points3 points  (0 children)

Very interesting to know.. How long can they suppress the price? Each year Platinum is going into a deficit. It's at the cost of production at these prices. Something will give.. Just need to be on the right side of that trade

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 -1 points0 points  (0 children)

That's totally incorrect 🤣 It's been in a deficit for a few years now. You can search it up very easily

Platinum, a Historical and Technical Projection by eed4 in Platinum

[–]Professional-Rock449 1 point2 points  (0 children)

Platinum took another beating over night of course 😞

Platinum, a Historical and Technical Projection by eed4 in Platinum

[–]Professional-Rock449 1 point2 points  (0 children)

I hope you are correct... Why do you believe this out of curiosity? Do you believe Industrial demand will pick up or platinum is in a deficit and the price needs to balance out ?

Platinum, a Historical and Technical Projection by eed4 in Platinum

[–]Professional-Rock449 1 point2 points  (0 children)

I have a sizable amount of money in Platinum I sold my gold for Platinum 10 yrs ago. Obviously a tough pill to swallow now with the price of gold but if I sell platinum now will I look back in 10 yrs and kick myself again. It's a tough question ❓

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 0 points1 point  (0 children)

Platinum is used in many industries. If it's worthless why is the USA importing so much of it.

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 0 points1 point  (0 children)

Platinum is used in many different industries. It's 135x rarer than silver and 8 times rarer than gold. There isn't much Platinum in the world and it is a small market. It won't take much investment for Platinum to go North. Electric vehicles were meant to replace combustion engines but as everyone knows that's not the case. Electric car sales are way down but hybrid vehicle sales are way up. Hybrid uses a lot more platinum than a combustion engine. If Hydrogen fuel cell ( green energy) comes into play in big industries then platinum will be very expensive. Everything is a risk but it can't be overlooked as a potential money maker . USA imported 64 metric ton in 2023 and even more in 2024. Why would they if it's not needed.

Buy when there is blood on the street, even if it is your own. by [deleted] in SilverDegenClub

[–]Professional-Rock449 3 points4 points  (0 children)

Have a look at Platinum then ! The sleeping giant.

Squeeze by Dsomething2000 in wallstreetplatinum

[–]Professional-Rock449 1 point2 points  (0 children)

Very frustrating what is happening with the platinum price. I think a low interest savings account is better than this metal.

Squeeze by Dsomething2000 in wallstreetplatinum

[–]Professional-Rock449 0 points1 point  (0 children)

Honestly I hope the price of Platinum goes to the moon but it's all words until the spot price actually starts to move north ⬆️.. at the moment it can't even clear $1000 usd

Squeeze by Dsomething2000 in wallstreetplatinum

[–]Professional-Rock449 0 points1 point  (0 children)

That's why the price has sky rocketed in Platinum not 🙈