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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
3 March 2015, 12:28 AM
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#1 |
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Banned
Join Date: Feb 2010
Location: Chicago
Watch: 16710BLRO, 214270.
Posts: 2,717
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Platinum now worth less than gold.
wow, platinum trading below gold now: http://www.kitco.com/market/
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3 March 2015, 12:40 AM
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#2 |
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Banned
Join Date: Dec 2012
Real Name: Greg
Location: michigan
Watch: Rolex Oyster
Posts: 4,046
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Not the first time, won't be the last. look at palladium and Rhodium 10 yr charts , precious metals are always all over the place. Silver is trading at 70 ounces to an oz of gold.The ratios of PMs seems to fluctuate monthly. There sure isn't a 40:1 scale like there used to be. Either the stuff was way overvalued or way undervalued for far too long.
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3 March 2015, 01:06 AM
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#3 |
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"TRF" Member
Join Date: Mar 2015
Real Name: John
Location: orlando
Watch: PAM 217
Posts: 548
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I think the weak Platinum price is do to auto sales worldwide. Number one use for Platinum is in a catalytic convertor
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3 March 2015, 10:22 AM
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#4 |
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"TRF" Member
Join Date: Apr 2007
Location: Earth
Watch: 116610
Posts: 3,455
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So, does this mean a platinum Rolex will soon be cheaper than a gold one?
__________________
NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE. 
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3 March 2015, 12:58 PM
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#5 |
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Member
Join Date: Feb 2015
Location: Orlando
Posts: 17
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So, does this mean a platinum Rolex will soon be cheaper than a gold one?
HAHA |
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3 March 2015, 01:09 PM
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#6 | |
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"TRF" Member
Join Date: Apr 2012
Real Name: Alex
Location: Chicago
Watch: AP,PP, Rolex
Posts: 37,156
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Quote:
 
__________________
Instagram: @Hairdude Watches in Collection 5070R, 5522A, 214270 MK1, 228238 16750, 26401, 5711, 116718, 116710LN, 116300, 16710"Coke", 372, 15300, 15703 (All Flipped) Official Member "Perpetual 30" Las Vegas GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member 'WIS-CON' Las Vegas Int'l GTG 2018 |
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4 March 2015, 06:07 AM
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#7 | |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Jun 2008
Real Name: JYogi/Jeremy
Location: Metro Detroit USA
Watch: It's a Rolex!
Posts: 5,787
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HaHa wouldn't that be nice!
The reason platinum will always cost more for jewelry is that it is MUCH harder to work with and destroys tools much quicker. Quote:
__________________
"You won't rise to the occasion - you'll default to your level of training." Barrett Tillman Kentucky Colonel, Tennessee Squire & Combat Leprechaun |
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4 March 2015, 07:42 AM
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#8 | |
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2024 Pledge Member
Join Date: Feb 2014
Real Name: John Baker III
Location: Spring,Texas
Watch: 1971 Red Sub
Posts: 2,222
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Quote:
And, back when the Coinage Act of 1792 was enacted, the official ratio was 17:1..... Anybody not believing that the "Exchange Stabilzation Fund" and the Wall Street banks aren't screwing everbody including the miners? My take: silver bullion/coins are the greatest investment opportunity of our lifetimes.... Too bad Rolex doesn't make a Silver Submariner....I would own more than one !!
__________________
As I've grown older, I've learned that pleasing everyone is impossible, but pissing off everyone is a piece of cake. 
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4 March 2015, 07:33 PM
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#9 | |
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"TRF" Member
Join Date: Jan 2010
Real Name: Mark
Location: 🤔
Posts: 8,424
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Quote:
__________________
♛ 
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