Putting price aside, Platinum is a very impressive metal. It doesn’t tarnish or corrode, doesn’t react with anything, holds up to extreme heats without deforming or discoloring and on top of all its very dense and heavy. It’s a noble metal! Add to that the fact that it’s available in the earth crusts in about the same amount as gold but much more geographically concentrated (80% in South Africa) and you have a recipe for much higher prices. Also, pretty much all the easy platinum has been mined and now they have to go miles down to get it at a cost of about $850 an ounce last I checked. I don’t see the current prices of platinum as sustainable. I think Platinum price now is a steal!!!. Time will tell but I’ll guarantee you, a few years from now, platinum will easily be back up with gold like it always has been and for good reason.
@TheMrdebro34
Жыл бұрын
It’s rare to find some love for PT in the metal’s community
@ainsliebullion
Жыл бұрын
The other grey metal needs some love too!
@coretmanus4688
Жыл бұрын
1oz platinum coin is the largest denomination at 100$, 2x that of a gold Oz.
@ainsliebullion
Жыл бұрын
Yes, still a face value of $100 as it used to be higher than the price of gold.
@mandoperthstacker
Жыл бұрын
Isn't it because there is less to mint?
@brandonholman1556
Жыл бұрын
I've been buying platinum at a 10:1 ratio to gold. I want to buy more gold, but platinum is just too undervalued to not take advantage of platinum being half of gold's price.
@urbanaerials5614
Жыл бұрын
premiums on platinum suck though and its a little harder than other metals to resell privately.... that said im still bullish on it. Ainslie should get some 1/2oz and 1/4oz platinum in stock. 1/10 kook premiums are high
@ainsliebullion
Жыл бұрын
We're hoping to get other fractional platinum :)
@adventureswitheddie6444
4 ай бұрын
You should look at rhodium premiums if you think $50 is high
@markwilliams4362
Жыл бұрын
❤ Platinum .
@ainsliebullion
Жыл бұрын
"The other grey metal..."
@neilshahndynasty.8882
Жыл бұрын
bUY sILVER AND pLATINUM .
@ainsliebullion
Жыл бұрын
This is the way...
@raam1666
Жыл бұрын
@@ainsliebullion bought one oz at 980 spot back in March. Feeling good.
@Al-yf7tm
11 ай бұрын
Just got my second platinum 1 oz maple. Gonna keep buying
@ainsliebullion
11 ай бұрын
Well done!
@kidsoxoxox
Жыл бұрын
Very informative Alex, thank you so much. Look forward everytime you post a video.
@ainsliebullion
Жыл бұрын
Will pass this onto Alex, thanks Raven!
@daviniarobbins9298
5 ай бұрын
Am going to buy some platinum the moment the spot price falls below £600. Just another £100 drop to go. With VAT added on top there isn't any profit in it at the moment. An ounce of platinum will knock you back £930 or so at the moment here in the UK. £130 is the VAT though, that is what kills any profit. You pay £930 and the buy back price is around £630(I haven't looked but I assume I am not far off).
@ainsliebullion
5 ай бұрын
Very interesting how they handle the VAT in the UK on silver and platinum products. In Australia the VAT equivalent (GST) isn't applied to investment grade gold, silver, and platinum for the most part, with a few small exceptions.
@marty1116
Жыл бұрын
Just a few corrections - palladium is 1/30 rarer than platinum. Platinum is 5 parts per billion and gold is 4 parts per billion in the earths crust. Gold goes back thousands of years, platinum has been mined since the 1800's. Total Platinum ever mined is 94,000 ounces. All the platinum mined would fit in a suburban garage.
@ainsliebullion
Жыл бұрын
Thanks for that Marty :)
@pistolpete8539
Жыл бұрын
@@ainsliebullion Alex knows shit about the basics of geology and the rock types platinum is mineralised / hosted in.
@robertgardner8289
Жыл бұрын
World wide platinum is 178,100 kilos=over nine million onces.
@marty1116
Жыл бұрын
@@robertgardner8289 I meant 9.4 million ounces, my mistake.
@raam1666
Жыл бұрын
@@marty1116 Holy smokes.... To think I'm one of the few people who owns way more than he should proportionally...
@gilliebrand
Жыл бұрын
Thanks for sharing.
@ainsliebullion
Жыл бұрын
Our pleasure Paul!
@lightforce3642
Жыл бұрын
Very interesting ,thank you
@ainsliebullion
Жыл бұрын
No problem!
@HerumurtiAdam
Жыл бұрын
Happy feet movie
@reefsurfing3273
Жыл бұрын
Thanks Alex and Chris 👏
@ainsliebullion
Жыл бұрын
Thanks for watching Reef!
@HerumurtiAdam
Жыл бұрын
Meteor
@rumcoke9123
Жыл бұрын
I own it from 800-1000 an oz. Cannot get too excited as just like silver, a constant disappointment. Will it have its day? There is NO switch from palladium to platinum, this is false, I dont know where she is getting her info from.
@pistolpete8539
Жыл бұрын
Back of a Kelloggs cornflakes packet it seems......
@HerumurtiAdam
Жыл бұрын
Future
@FromAmericaToJapan
Жыл бұрын
Platinum is underrated. You would be foolish not to have some platinum in your portfolio.
@ainsliebullion
Жыл бұрын
Couldn't agree more!
@spacelord1913
Жыл бұрын
Russia and South Africa issues should have caused an epic spike in platinum price - it didn't... Makes no sense.
@ainsliebullion
Жыл бұрын
Thats is perplexing admittedly.
@william1863
Жыл бұрын
😂 You don't get it do any of you ? It is purposely being kept down so the WALLSTREET BOYS can swoop it up on the cheap !!!!! FACT !!! PLATINUM WILL GO UP BEFORE GOLD AND SILVER COMING VERY SOON YOUNG PEOPLE. 😚 I don't claim to be anybody but I called palladium when it was $600 and then a few years later shot up to over $3000. Food for thought. With age comes wisdom. I remember when gold was around 150 dollars an ounce back in the early 70's when they rigged the gas prices and we had long lines for gas was 53 cents a gallon and shot up to 1.50 a gallon and I know cause I was there. Those running the show are a bunch of criminals UNFORTUNATELY. Do you know why I am telling you all this ??? Because when I was young no body ever told me and gave me a chance to aquire any wealth and it sucked to get shit on by the unGodly rich who have you work for crap labor and don't give you what you are worth. God bless you all in Christ I pray. ✝️✌️
@Ryantrock8888
8 ай бұрын
Perhaps because of suppression by paper futures contracts? How many physical ounces to paper ounces out there?
@HerumurtiAdam
Жыл бұрын
Platinum jadi barang barang berguna
@john-ze7eu
11 ай бұрын
Hold on...I'm still laughing
@shayjenkins6641
9 ай бұрын
Sadly right now it's actually a metal that you can go broke with. I'm not about to buy something for $50,000 that's worth $20,000 next year. I love the metal and people keep promoting a rise but it just doesn't happen 🤗
@wayneanderson8034
11 ай бұрын
People are realizing a quick switch to EV is not only not happening but not possible. It will be decades long switch. The demise of platinum turned out to be false. It is the most undervalued metal period. It will take time for markets to move, but the AISC per ounce is now around $1000 in many places due to inflation of energy & labor. They are either going to decrease production or the price will creep up. If i were buying as an investment i would buy platinum. If i were buying as a store of value, i would buy copper & nickel. Gold & silver are for the birds.
@ainsliebullion
11 ай бұрын
Thats an interesting take, well worth considering!
@Ryantrock8888
8 ай бұрын
Have fun preserving your wealth in such metals. You’d have to have a warehouse to store these metals, and even then they’d corrode over time. So you have to pay a separate tax on the building that houses your metals, and where are you finding a buyer?
@matthewmorgan9269
Жыл бұрын
Platinum is an element, not a mineral
@HerumurtiAdam
Жыл бұрын
Made, buat cangkir Dari platinum
@nates4310
Жыл бұрын
STOP using the argument that the best credit cards are “platinum” - that is not a valid argument for valuation.
@user-uf2ig4gn8h
Жыл бұрын
I have platinum buy no Ask for facebook and I'll send you a picture.
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