Investing in Platinum

[bjl584]

Sorry, but I don't remember saying or implying there are only two things in the entire world to invest in.

I'm just trying to make a point that people can invest in things of intrinsic value or things of non intrinsic value. But there is no guarantee of specifically what they will invest in.

[Goldy]

I'd argue that Pd is looking better for an investment than Pt due to its current uses and the looming supply issues.

[platorepublic]

I'm just trying to make a point that people can invest in things of intrinsic value or things of non intrinsic value. But there is no guarantee of specifically what they will invest in.

Ok let's not get sidetracked here. Yes there is no guarantee. Fine

Metal is metal, and I like Pt. Why I like Pt so much is it is quite inert, like gold and plus it is shiny and beautiful too (cannot say the same for gold).

That is all.

[disneysteve]

it is shiny and beautiful too (cannot say the same for gold).

Sorry but this is kind of a strange post. First, gold is shiny too last time I checked. Second, what on earth does that have to do with it's investment value?

[platorepublic]

Sorry but this is kind of a strange post. First, gold is shiny too last time I checked. Second, what on earth does that have to do with it's investment value?

Trust me, only something that is beautiful is worth investing in. Humans do not like ugly.

[bjl584]

Trust me, only something that is beautiful is worth investing in. Humans do not like ugly.

The BP oil spill was one of the ugliest things I've ever seen, but BP stock has earned me quite a bit of money in the past couple years.

[platorepublic]

The BP oil spill was one of the ugliest things I've ever seen, but BP stock has earned me quite a bit of money in the past couple years.

Everything has a potential to get ugly. Even supermodels get old.

[bjl584]

Everything has a potential to get ugly. Even supermodels get old.

That statement does nothing to refute the fact that something doesn't need to be "pretty" on the outside to be worth investing in.

If you have your heart set on investing in platinum, then go for it. It's just something that I wouldn't do. I'd be more inclined to look at mining companies, equipment makers, or end users as potential investments.

I guess we'll just have to leave it at that.

[Baby_nurse]

Investing in something because its shiny...not an investment strategy that I would ever follow. Hope it works out for you.

[~bs]

now is a bad time to invest in precious metals. Price tends to track inverse to interest rates. Platinum, like silver tends to have a monetary & industrial component to its value, whereas gold tends to be more purely monetary. I think silver is closing in on a market bottom a lot quicker than the other metals. Gold and platinum may have much further to fall percentage wise.

I do think its worth owning as part of a diversified portfolio. Not so much to "make money" as it is an inflationary & commodities hedge.

[jori]

It is risky I believe, because in such investments your are struggling against people who have years of experience in the business. Don't enter this field unless you are pretty sure of the outcome. or you will be a fish in a sea that is fulled of whales

[willuc8]

Becareful with commodities at this time.

[romavia]

Didn't invest, but it’s a good work I mean it’s a good thing to invest, but before we start investing we should have a look at the rules, laws and limitations required. If we do not get check on them, then it’s going to become tough.