Are you ready for Platinum to crash?

[PansPurse]

Because I just bought my first bit of Platinum. OK not physical, but through the Royal Mint's Signature program. Fees are a little higher than for their gold service, but much lower barrier to entry than getting a coin

[KDave]

Thanks for heads up, I'll return the favour on the gold price shortly just checking sov prices..

[C12]

Just been looking at Platinum and quite surprised to see the price close to the 2008 crash spike lows.  

I'm interested in picking up a coin if I can find out without a ridiculous premium (or VAT). 

Anybody got any ideas? Preferably British but don't mind. 

[BackyardBullion]

11 minutes ago, C12 said:

Just been looking at Platinum and quite surprised to see the price close to the 2008 crash spike lows.  

I'm interested in picking up a coin if I can find out without a ridiculous premium (or VAT). 

Anybody got any ideas? Preferably British but don't mind. 

£802 from European mint for a 1oz coin

Shared delivery & onwards shipping probably +£10 or so. 

group order still open for this weekend. 

[C12]

36 minutes ago, BackyardBullion said:

£802 from European mint for a 1oz coin

Shared delivery & onwards shipping probably +£10 or so. 

group order still open for this weekend. 

Looks like there's a heavy wait time on the 1oz coins.

How does the group order work? If I'm not on-board this order, I'm very interested for future purchases. 

[BackyardBullion]

5 minutes ago, C12 said:

Looks like there's a heavy wait time on the 1oz coins.

How does the group order work? If I'm not on-board this order, I'm very interested for future purchases. 

I will WhatsApp the manager and ask if he has any in stock for this week's order.

Here is the info on the group order

 

[BackyardBullion]

10 minutes ago, C12 said:

Looks like there's a heavy wait time on the 1oz coins.

How does the group order work? If I'm not on-board this order, I'm very interested for future purchases. 

He says he has 1oz platinum maples in stock and could be added to this order. He says he has 3 in stock

[vand]

On 26/01/2018 at 11:31, PansPurse said:

Because I just bought my first bit of Platinum. OK not physical, but through the Royal Mint's Signature program. Fees are a little higher than for their gold service, but much lower barrier to entry than getting a coin

 

Haha.. I've taken the other side of that as I closed the last of my Pt positions today.

Now almost completely unleveraged - just holding my physical stack and a bit of GDX.  Will buy back again on pullback. This market moves in a "2-steps forward, 1.5 steps back" fashion, and I'm banking on that pattern continuing.