Back on topic…So you folks feel gold, silver, platinum is moving higher or are we about done with the volatility?
I’m looking at platinum prices and things really haven’t taken off on platinum yet. Historically, the spread between gold and silver hasn’t been that much and there hasn’t been too many times in the past where 1 ounce of platinum is less than 1 ounce of gold…
Platinum’s industrial use (aside from jewelry) is in the catalytic converters for gasoline engines…
Palladium on the other hand is used in the emissions system of diesels, and I’m not aware of a jewelry/consumer use.
Platinium sells for about $130-140 above spot prices. But it’s also still one of those coins eligible for ebay 8% bux rebate offers, meaning if you wait, you can get them for about $100 off, or $30-40 above spot….
Gold on the other hand, you can find $20-30 above spot, but dealers have been pulling gold from the ebay bux rebate offers….Plus, I’m not convinced gold can hit $1400/ounce anytime soon.
