Platinum

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?

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Two man dev team, no github updates...

all precious medal "investing" is dumb and gay

bitcoin is the new gold

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.

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.

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.

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

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.

You have 5 pounds of gold?

platinum is only used for catalytic converters. bearish long term

Sometimes you just want your money to stay put with no risk, user. I love playing out stocks for gains too, but you can't pretend that if you knew you were going to be in a coma for ten years and running out of money means you die, that you'd pick stocks over metal.

you're not investing in gold and silver you're some kind of scrapper or antique broker

im glad you're able to make money off of retards' gold and silver but it's not investing, 99.99% of people can't do what you do so for 99.99% of people PM is dogshit compared to almost everything else, sometimes worse than stuffing money in your mattress

I have a wholesaler that buys from me @95% of spot and that's a very good deal.
I have no idea where are you located but if you can, drop me a link to these stores. I find it hard to believe.
Regular rate is 80% or less(if you are a pawn shop) here.
I pay 85% for PM if not broken because...antiques. And 80% if scrap.
But the real money is in my shtick with buying costume jewelry. I pay $4 a pound.
And guess what? I always find gold and silver in there. Always.
Part of it is that I can tell that something is PM without the need for the marks, but ai have plenty, clearly marked pieces that I bought for pennies.
The deal with a local "charity thrift store" that sells me their jewelry in bulk is #2
And some of the costume jewelry is worth hundreds of dollars as well, but that's another story.
Like I said it's my hobby now, not my main business, and you have to like it cause it's a shit ton to go through. But this is the way to pay nothing for your pm

FPBP and underrated

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mahnigga.jpg

It is my hobby, I'm an antique dealer really.
But I told my friend to place an add on Craigslist and start buying the costume jewelry like me.
She had very little money and needed extra asap. I admit I loaned her the first money to invest and now she is doing even better than me because she is also selling the costume jewelry.
I melted alk my metals from my hobby and it's sitting in places, so yes, I did invest in it and I'm holding.
This isn't my job, and not what I make money off of. So what is it if not investing through a hobby?
And yeah. Most people can do it. They just don't like it or don't want to bother with it.

Ah I see. thanks for the explanation.

I'm in the capital city of Wisconsin, The shops that buy for 95% spot are gold and silver shops that have been in town for decades, not antique or pawn shops. The pawn shops and antique places in town do definitely pay a lot less. typically 80% as you mentioned. I think anything less than 90% is not a great deal. Also if you don't have a good shop around uou can always sell to APMEX or other huge online pm retailors and get 90%+ spot price.

Do you ever come across Russian demantoid garnets?

There are literally no stores open to the general public that will pay that percentage here. Zero.
I get 95% cause I'm a dealer but without a business, no way.
I know about Apmex and I did sent them shit a few times. They paid better for silver then my guys, but that was years ago and then I developed a relationship with my local guys and I just stayed with them. I don't scrap anymore, but I go to them to melt. And buy also. I buy antiques from them for private collection. Coins, paper money, some jewelry of course. It's kind of cool to be able to buy shit that I like at a discount and at the same time get my scrap melted into neat bars.

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>I admit I loaned her the first money to invest and now she is doing even better than me
And she still didn't fuck you, loser.

This shit is rare and I probably got 2 or 3 total in all the years.
But I know people who do have it and can sell it for a reasonable price.
The second hand market is your best bet, really. Much less premium. I'm not talking pawn shop but the stores like my wholesaler and my appraiser. Where dealers sell to dealers.
Everything sold to the general public is +70%

Lol.
I'm married dude. And she is 65....So no fucking necessary, thank you very much.

Pretty beta indicators. I use MCAD 4EMA and BBANDS on a 1-15min chart.

Don't buy platinum. Mainly an industrial component. 10-15 years ago, when niggers were all about platinum was a good time to invest, but not now. Silver and Gold are what's up. Stock the fuck up. Faggot.

No i mean where do you trade at? Like what exchange?

oh you're not the same guy lol. Well same question to you, where does everyone trade pm's w/ leverage at?

>married dude
Ah, you're into dudes, I don't judge. I hope you and Dude are happy.

I'm a female, so yeah. I'm into dudes.

Historically plat has done way better then gold.. see meme lines.

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That's not very progressive of you.

How the FUCK does someone own a 12g gold and diamond watch and doesn't know what it is then sells it for 40 bucks? Is it crackhead niggers or what the fuck desu?

Dude, I have no idea what's your problem but lay off being a cunt for a second.
And no, I'm not a progressive. Also, from a typical progressive point of view, I'm a homophobe, misogynist, most likely racist and a free market enthusiast. Also a business owner, crypto trader and a million other things.
But don't assume that you know anything about me appart of what I shared here.

Dude, and it said on the back in clear freaking stamp 14k
I have a picture somewhere.
When I say people don't know I really, really mean it.
People have NO idea.

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I found the picture.

Sounds like you have a penis to be quite desu

Nice older lady.
She had a Bunch of jewelry and told me it's all costume "it's my mom's old stuff, nothing special"

Somebody got a visit from Aunt Flo.

I certainly do not.
But I'm not a typical woman I guess.
I take risks. Lived in lots of countries, always looked for opportunities. I'm good with math, statistics and I like it.
I actually often feel like I'm a fucking guy when I'm around females.(hence my misogynistic view of them)
Alpha female? Maybe
I have 1 female friend that is like me. The rest are males desu.
IDK I was always like that, so I don't care.

Interdasting, I am an auctioneer and I own a cash for gold. Estate business is good business. Millennials don’t give a shit about parents stuff and the transference I’d wealth from boomers to millennials is the largest transfer of wealth of all time.

Yeah. I get it now. Dude, you can't get me mad or triggered I deal with little dickless cunts like you in real life all the time every day.
Troll away. I'm cool.

Not true, who the fuck does anything for 5%? Banks will barely transfer money at that price.

you are too obsessed with the image you project, and how it is received. every word in that post reeks of desperation to control the narrative about oneself.

>>millenials don't give a shit
That's EXACTLY right.
They don't ( but to be honest older people very often don't neither)
That's where you make your money. On children not giving a shit about their parents possessions.
Cash for gold: good business from what I can see. Some of my friends do it.
I buy from them the old jewelry and some stones.
What's your ROI usually if you don't mind?

Ummm if you read that post you would understand that I do like to be in control.
I'm not sure what you getting at here?
Projecting my image?
That's who I am. And of course I'm not going to write about my shortcomings in being a woman in a male business. But I'm a successful woman because I'm not very agreeable and don't like to settle and I'm pretty aggressive, thus I sound like I have a dick (and that post was a response explaining why I sound like I have a dick but I don't)

>I get it now.
I would say you're slow, but you're a woman so that's to be expected.

95 isn’t bad, especially if that Is just calculated by the stamp and not adjust for actual content. I get 98.5% back from my refinery of content and melt about 3toz a day, 7 days a week. The big question I have been scratching my head about is this: if millennials don’t really give a shit about this stuff, who is gonna be buying and the boomer left overs in 10-15 years? I began in antiques and have watched period American furniture prices die with my grand parents generation. Fuck even civil war stuff isn’t as good as it once was. Oh if you post an email, I’ll point you where you can get better money of your gold.

It's a woman. You can tell by the very reasons you stated. She is one of the basics bitches who thinks they're special. "I'm not like other women. I would rather watch football and drink a beer with the guys then go shopping for girly clothes". They're a dime a dozen.

Yeah. At first I thought you were just jealous little cunt that has nothing to his name and thus can't stand a success story. And because I'm slow (duh) it took me a while to figure out that you are trying to make me mad just because this is the only way you can get hard for the last 3 years: making strangers on internet angry.
I'm truly sorry that I can't provide the opportunity for you to jerk off today.
Not mad.
Actually sorry for you.
Post your ETH adress I'll send you some.

ask yourself why you talk so much about who you are in an anonymous underground combidian watermelon thigh squeeze fetishist forum, and why we have to jog through acres of nonsense about you in order to get at some point you're making.

Shit. 98.5 is fucking awesome.
Yeah 95, but it's not my main business.
>>millennials don’t really give a shit about this stuff, who is gonna be buying and the boomer left overs in 10-15 years
About that.
The prices on glass, furniture, even art are going down all the time.
What holds so far is Chinese antiques(they are buying their shit back), mid century modern everything, some deco styles, Persian and the true Byzantine, Etruscan, golden horde stuff. But that's so rare that it's almost impossible to get.
I was thinking about it too a fucking lot, since it's my career.
And I noticed that old electronics are going up. Old games, consoles etc.
Not enough for me to switch....But I guess that's the future.
I will post the email in a second, need to create a throwaway.
Thank you btw. 98% sounds really good.

>>It's a woman. You can tell by the very reasons you stated. She is one of the basics bitches who thinks they're special
Yep I'm all talk, no bark.
When it comes down to it im a softie and vote Democrat. Lol
Oh and I cry, every time when I lose a deal. I mean just hysterical. Hahahahah
Btw I hate sports and beer and video games. I really do.

Did anyone ever come back to you complaining after they sell their stuff?

Non diamond breakout crap from the last 3 months. Anyone wanna buy this stuff?

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>you can't get me mad
>dickless cunts
>jealous little cunt
>this is the only way you can get hard for the last 3 years
>jerk off
>Not mad
>Actually sorry for you
Ya, look at how not mad you are.

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Hey so if I wanted to try my hand at this I should make a Craigslist ad for costume jewelry by the pound?
And then what's the best way to vet my pieces? I mean obviously I'd be looking for stamps but any resources in other things to look for?
And then I'd just find a place in my town to melt it all down?

That's kind of where it would begin, to really have any clue what you are doing I would suggest getting a job somewhere that handles it. There are a lot of nuances to it. Or buy an XRF, 15k and you'll know exactly what everything is.

15k is out if my budget for getting started right now unfortunately, I guess I could look for a jewelry job though

my throwaway
[email protected]
And thank you again.
It happened once, and it wasn't that they came back because they were angry but when they sold me shit there was a ring there that they didn't mean to sell. I gave the ring back.
Oh also I gambled 9nce and bought a lot of jewelry and had no idea how much it's worth. The dude wanted money quick so I just paid after some negotiating.
Then I found out how much it was worth. It was some obscure designer and it was worth 4k more than what I paid him.
He got angry, because I felt bad for him, so I called him and offered to give him 1k extra.
I never made that mistake again.

Please read this
You have to handle a lot of jewelry first and learn it.
15-20k for an XRF gun is a bit steep for a start otherwise.

Just get a job at a pawn shop.
The trick is to handle the jewelry. You'll be able to tell pretty soon what's gold and what's not just by handling it.
I taught my friend but she was working with me for months.
Also, she is making money on the costume jewelry by itself. Apparently it's worth a shit ton cause her ROI is bigger than mine. Again: it requires knowledge.
But you can also start small and go to garage sales and estate sales and just buy stuff that you like and research at home. That way you are not spending a lot of money and you are learning.
That's how I started with antiques.

From a face like that user? No.

Cool well this is def very interesting to me, I've always liked antiques roadshow.
I appreciate the tips

lol did kind of out myself. Still prettty unrecognizable.

What down you check it with if you don't mind?
Opals, pearls, aqua?, and is that citrine on the right hand side?

What did you check it....not down.

i have $1000 of silver... its neat I guess

gold is like a stablecoin

Its mixed, natural and synthetic, and crap. I literally have dozens of these trays, no one pays anything thing for colored stones unless you retail them. There is a big natural emerald on the bottom left. Sitting around with a refractor to figure these out isn't exactly appealing for me at the time.

the shiny meme rocks are only good at being ugly jewelry for old ladies.

Nah.
I'm so lazy if it comes to the stones that I often use the first generation diamond tester(the one that uses thermal conductivity/inertia) and estimate based on that and a chart of thermal inertia. It's a crude method but it's fast.
I never tried to sell my stones desu so I'm kind of like you, but without a clue how to sell it, I just drop it in the jar.
I can ask around here, but I'm sure you know better how much these are worth.
The stones that I would be interested in would be the old cut and I mean cabochons and mogul cut from the renaissance or so.
But I'm guessing you wouldn't scrap a mediaeval ring lol.
I'm also surprised that paste(Georgian times) doesn't sell.
There's a shit ton of jewelry from that period missing stones, and I think I can see one clear paste in the upper left.
Have you tried that angle?
People need stones that at least resemble the old cuts. And glass cabochons too.

You know what?
Fuck it. Drop me an email with some pictures. I'll see what I can use.
I'm not joking about the old cuts. And about the paste/rhinestones.
We can talk prices.
[email protected]

a bank wire fee is typically $25, not 5% ever.

Also go look on APMEX at their buy back prices, they will buy silver eagles from you higher than spot price.... Also I've sold silver eagles and buffalos in the two legit precious metal businesses in my city and they paid 95%. i would usually sell 1000-5000 worth of PM each visit so they make 50-250$ for a few minutes of work? you need to work with reputable places that do real volume to get good deals. hence why apmex is the best place to sell pm to unless you can scam someone in person for much much higher than spot.

tfw no racist precious metal stacking gf to cuddle with
Why live, bros?