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In Reply to: RE: What happens to gold during deflation-ATTENTION Bullethead posted by Tweaker456 on April 02, 2017 at 17:47:40
Normally, platinum costs more than gold.
Right this moment? I show gold at $1251/oz spot. Platinum is $953.90.
Platinum is your friend! :)
Follow Ups:
"I'd say this: Uncle Sam "
They're gonna want their "fair share" of my money/house/car/assets soon.
:)
Platinum had always been higher than gold. And then a big rise for platinum and a fall. Then platinum never regained to lead.
around the same time as the general raving for gold as a haven.
So IMO gold is clearly overpriced.
All it will take is some little jiggle and watch gold (bubble) prices crash
Part of the current gold/platinum spread is probably due to the fact that platinum s almost never shilled on a certain genre of AM radio programming (in the USA). Hoarders are unaware of it. Gold, silver, survival food, homeopathic ED remedies and identity theft protection are the mainstay advertisers on these programs.
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