Wt Physi Platin Discussion Threads

[vulgaris] 09/4/2024 00:53

Way underpriced compared with gold Ratio is 2.5 Pt: 1 Au ---- whereas platinum historically traded at a premium to gold.

[killing_time] 22/4/2019 06:32

Brought a few of these last week. Its seems that the price might of just broke out of a 10 year down turn. Time will tell if its holds, KT.

[longjonsilver58] 05/9/2018 23:05

Agreed terrible investment looking for 750 to start a holding. But open question what is the break even price for mining this.

[value hound] 04/7/2018 10:50

Another interesting article from the same source - though I think I'm on my own here?

hxxps://moneyweek.com/platinum-has-been-a-terrible-investment-but-im-sticking-with-it?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

[value hound] 11/4/2018 10:03

Agree entirely with this logic:

hxxps://moneyweek.com/platinum-is-cheap-but-will-it-ever-get-expensive-again?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

[traderabc] 19/2/2018 11:26

And again.

[traderabc] 15/1/2018 21:13

Indeed it did find support, now it's approaching resistance.

[traderabc] 18/12/2017 09:10

Good , maybe its found some support here.

[traderabc] 09/12/2017 10:46

oh dear, down it goes, again..

Better sell up and buy bitcoin ;)

[traderabc] 21/11/2017 18:16

Bought a few today.

[traderabc] 12/11/2017 10:52

working link

[traderabc] 12/11/2017 10:52

I'm looking at this one too, platinum by any historical comparison is cheap. Here there's no VAT, ISA ble unlike the physical metal, however there is counter party risk and ETF cost slippage.

[value hound] 26/10/2017 08:37

I've bought a few of these after reading this:

hxxps://moneyweek.com/platinum-this-may-be-one-of-the-only-cheap-assets-left-out-there/

Makes sense to me.

[traderabc] 18/3/2014 17:42

Russian Sanctions May Create Serious Supply Shortages For Platinum and Palladium


anctions imposed by the EU and the U.S. on the export of Russian palladium group metals would create a serious supply shortage that may be difficult for industries to replace. This year will show the third consecutive deficit year in global palladium supply, according to a Bloomberg Industries survey of analysts.

[darren365] 05/3/2014 12:43

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[traderabc] 05/3/2014 12:34

No, Wrong again, I really ought to stop trying to guess what this one is doing.

[traderabc] 04/3/2014 08:44

Next stop 134 ish?

[traderabc] 19/2/2014 12:18

Range still tightening.

[raymund] 12/2/2014 15:17

Could this be the right direction today?

[raymund] 31/1/2014 16:36

Your view is much appreciated, thanks! Not too far from that support tonight so will watch carefully! However, fundamentals generally, SA miners, car production figures etc, lead me to expect north rather than south.

[traderabc] 31/1/2014 10:01

My view is there is strong support on the chart in the 127(ish)area. The trading range is gradually tightening which suggests a breakout at some stage, of course the big question is in which direction it will go. I'll get nervous if it closes under 126/7 for a few days in a row.

[raymund] 30/1/2014 20:49

Ford announce their best year in ten and most motors picking up again around the world so what's happening to Pt for all their cats? Would hope to see better than Pt diving down again but is this worth holding? Views anyone?

[sharpshare] 09/1/2013 16:23

Platinum looking very atttractive again. Price 1580. Rand 860c to 100c USD

Estimated cost of production of the 3 biggest producers (around 67% global production) today:
Amplats: 1746
Impala: 1784
Lonmin: 1723

Tack on losses from:
Northam
Eastern Platinum
Aquarius
Atlatsa
Platinum Australia

Balance sheets looking weak with debts climbing.
Costs likely to rise.

So either the price goes up, shareholders have rescue rights offers, the Rand plummets or the price goes up.

Amplats review might close some loss making shafts and reduce output.
So low downside big upside.
Timing uncertain.

[traderabc] 13/9/2012 07:40

Written by Cory Banks |
September 10, 2012
ETFS' Rhind: Uncertainty Looming Over Platinum Market Will Endure, Supporting Higher Prices


Managing director of ETF Securities, issuer of the physically backed platinum ETF 'PPLT,' says South African situation is a big, growing problem.

[monty panesar] 21/8/2012 19:08

If South Africa has problems this is the commodity to buy since 80pc comes from here.