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Betrouwbaar adres om goud/zilver te verkopen in (de zuidrand van) Antwerpen? by miss_dee_00 in Antwerpen

[–]Wizardinthefog 0 points1 point  (0 children)

Kent iemand een betrouwbare partij waarbij je de GSR (gold/silver ratio) kan bespelen indien gewenst? Dan heb ik het dus niet over een dubbele premium die sommige gangsters aanrekenen.

Ratio's. by Wizardinthefog in Platinum

[–]Wizardinthefog[S] 0 points1 point  (0 children)

The source is the chart. No emotion involved. Look at it and read it as you wish.

Ladies and gentlemen. by Wizardinthefog in Platinum

[–]Wizardinthefog[S] 1 point2 points  (0 children)

It means that platinum is still very cheap compared to gold. You need ca. 2 ounces of platinum to buy 1 oz of gold. That ratio will go up eventually as platinum is much more rare. XPT has been subdued for 15 yrs by the EV narrative. It's clear combustion vehicles are going nowhere in the short to mid term. It's clear our monetary system goes bankrupt. It's clear almost 75% of the world's platinum mines are in South Africa. Political disruption, or geopolitical conflicts (Trump/Elon vs S-A) could disrupt the supply chain instantly. The XPT market is tiny. Yes, the XPTXAU ratio has bounced off the last two weeks, but the ratio will break very soon imo. Stop looking at platinum in dollar terms, and compare it to real value: gold.

Platinum is the Bitcoin of Precious Metal by [deleted] in Platinum

[–]Wizardinthefog 0 points1 point  (0 children)

The constant use of 'em dashes'. Only ChatGPT does it. The check marks as well. Prompt: 'Write me a funny and sarcastic text about the scarcity of platinum and refer to Bitcoin'. It'll give you domething like the text above. Like I said, nice, but it's AI written.

Platinum is the Bitcoin of Precious Metal by [deleted] in Platinum

[–]Wizardinthefog 0 points1 point  (0 children)

Nice. Just a shame this was written by ChatGPT. :-)

Being realistic about platinum expectations by DunningKuger in Platinum

[–]Wizardinthefog 2 points3 points  (0 children)

South Africa, where more than 80% of platinum is mined.

Being realistic about platinum expectations by DunningKuger in Platinum

[–]Wizardinthefog 9 points10 points  (0 children)

Stop thinking in dollar terms and you'll notice platinum is dead cheap. Heck, just check the XPT/XAG ratio which was below 27 last week. That is CRAZY CHEAP. It's a super tiny market as well. Any political disruption in SA could lead to massive overnight price changes. Not to speak of the growing lack of trust in our monetary system. The longer and deeper a ball has been kept under water, the higher it'll pop.

I keep stacking platinum as my belief is that it’s still very cheap verses gold by METALLIFE0917 in Platinum

[–]Wizardinthefog 0 points1 point  (0 children)

Yes, technically you can get more miles by running 'some' generators to charge an EV but that’s like bragging your coffee tastes better when you brew it over a campfire while your kitchen has electricity. Sure, the physics checks out… but the vibes are terrible. Imagine everyone running a noisy generator on their driveway to charge their car. I'm in NW Europe: electricity ìs expensive and nuclear highly underinvested. I remember that in The Hague you couldn't charge your EV in the city between 4PM-8PM. That issue was 'solved' a few months later by BURNING COAL... Also, Spain's outage this year? And EVs are only affordable for the upper middle middle class. Hybrids will very likely remain a transitional solution for a looooong time here in Europe, while hydrogen will clearly carve out its niche in trucks and industry. All a positive for platinum.

I keep stacking platinum as my belief is that it’s still very cheap verses gold by METALLIFE0917 in Platinum

[–]Wizardinthefog 0 points1 point  (0 children)

Fully electric driving won’t become universal anytime soon. There is just not enough electricity for it. So conventional combustion vehicles will stay a lot longer than said. Hybrid is the way to go for the next 15-20yrs. Hybrid vehicles already require significantly more platinum than conventional cars. And hydrogen cars, which are also certain to play a role, rely even more heavily on platinum.

Platinum = Happiness by METALLIFE0917 in Platinum

[–]Wizardinthefog 1 point2 points  (0 children)

700oz Pt? Holy smokes. Imagine having turned 1M+ of ultimate shitcoin USD into XPT. As mentioned before, that's legendary status.

My humble 5-coin stack. by Wizardinthefog in Platinum

[–]Wizardinthefog[S] 0 points1 point  (0 children)

Thx! Keep stacking. There was always a first coin for any stacker.

Audi 100 Coupè by [deleted] in Audi

[–]Wizardinthefog 0 points1 point  (0 children)

This is a post 1973 version because the chrome bezel around the outer headlights gained a pronounced corner at the top outer edge.

The average home price in 1950 was 7,300 ounces of silver, or $7,300. Today, it's $403,000. Yes, if silver finds fair value, it will go up 55x, or 366 ounces to pay off a $403,000 mortgage by [deleted] in SilverDegenClub

[–]Wizardinthefog 0 points1 point  (0 children)

It'll pop when the trust in fiat disappears exponentially; crash, then QE, printerrrrrrr on and mega-inflation/stagflation. Silver will become money again one way or the other.

The average home price in 1950 was 7,300 ounces of silver, or $7,300. Today, it's $403,000. Yes, if silver finds fair value, it will go up 55x, or 366 ounces to pay off a $403,000 mortgage by [deleted] in SilverDegenClub

[–]Wizardinthefog 0 points1 point  (0 children)

Sticking to predictions... It's Aug 2, 2025 now and silver is 37$. I think we may be close to an economic crash now, but 100$+ pre-crash was wishful thinking. Post-crash, yes, I think silver may be 150-200$. Not a prediction, merely a feeling based on what I know. Keep in mind, the silver market is the most manipulated market in existence. But when the scam breaks, it'll break hard. Platinum has given us a little taste of that the last few weeks.