Does anyone here invest in this? I'm intending to start trading in metals soon, mostly silver due to cost, but want to get a few other types as well. I've noticed platinum is a bit cheaper than gold, but want to know any advantages and disadvantages with doing do. Any thoughts?
Platinum
Blake Torres
Jason Williams
Two man dev team, no github updates...
Carter Perry
all precious medal "investing" is dumb and gay
bitcoin is the new gold
Chase Martinez
I day trade it using high leverages. I don't like holding commodities because they generally aren't volatile enough.
That being said, keep you eyes on oil. Pretty gnarly potential either way.
Jackson Foster
I like to cash out crypto profits through JMBullion. I've got a few hundred oz of silver and some gold coins. It's an insurance policy and it gives me ultimate peace of mind. I never check silver/gold prices. I just know that it is ok. Also helps me in my other investments and in trading since I know that I have a fail safe and there is no need to panic.
All in all gold/silver is a 10/10 for me. Definitely recommend.
Jaxson Davis
The only precious metals I buy are in the form of jewelry. Platinum. Silver. Gold. Stones. Etc. Not as an investment. Just cuz I'm flossin.
Oliver Wright
South Africa is done for, they have half of worlds platinum supply
Paradoxically, this is a sell, manufacturers will switch to other metals as substitutes, So a shortage is a meme, stick with silver/ miners as leverage if u want
Sebastian Sanchez
Same here, but I started metals before the crypto.
I started metals because I'm an antique wholesaler. That means I buy entire estates and collections.
Collections get sold but estates have a lot of junk that I can't sell, and a lot of this junk is jewelry.
So I started with just keeping the jewelry for scrap, then I started to buy jewelry from the general public.
Then I winded up with 100 pounds of sterling and 5 pounds of gold that I had no idea what to do with. So I melted it all. Now I have neat bars.
Why I'm telling you this is because that way of buying is the best way. You pay much much less than spot and people have no fucking clue what they have, and will sell you the shit for pennies. I usually pay 75-80% spot (corrected to reflect the actual amount of the precious metal)
Also it's fun, and have some neat antique jewelry saved up as well. Including precious stones.
Lincoln Hill
You have 5 pounds of gold?
Brayden Garcia
platinum is only used for catalytic converters. bearish long term