There is no shortage of gold. Platinum is actually rarer than gold, and it has an industrial use. What’s interesting is there hasn’t been too many periods in time when the price of platinum was lower than the price of gold. We happen to be in one of them….
I thought you ditched your silver right after the fed said they might lift rates in June?
I don’t know, I think metal prices are way too volatile right now. I got in to NUGT right after the fed announced when it was in the $80ies and I was shitting in my pants when it went to the low seventies. But then a bad unemployment number sent gold and silver right back up and NUGT over $100 so I’m out on the etfs…just keeping bullion to pass on to my kid. Way too much volatility for my comfort. I got really lucky…it could have gone really badly the other way.
I am finding its not so easy to sell bullion back…especially silver.
