I have found the Canadian 1 ounce Platinum Maple Leaf usually runs much lower than the 1 ounce Platinum Eagles. I am not sure why, but for the money I have been going with the Maple Leafs.MONEX of California called me to tell me that they have Platinum Eagles in stock. They wanted something like $1545 or so per oz. Which is about right, Pt is NOT as liquid as gold, hence wider spreads.
MONEX minimum purchase is 10 oz of Pt.
Good thread benjamen!
http://www.smh.com.au/business/deadly-invasion-at-aquarius-platinum-mine-20120802-23gp0.htmlThree people have died in a violent invasion of a South African mine operated by Australian-listed Aquarius Platinum.
A group of about 200 people, some of whom were armed and threw petrol bombs, stormed the Kroondal platinum mine site yesterday afternoon, Aquarius said.
The group are believed to be former employees of a mine contractor who were dismissed after taking illegal strike action in June.
"It is confirmed that three people have died and at least 20 others were injured in this incident," Aquarius said in a statement issued today.
Physcial platinum is very rare. Just because paper platinum is so low, it doesn't make getting your hands on the real thing easy.Why is the premium on platinum so high? I can buy gold for $35 over premium, but the lowest premium on 1 ozt of platinum is $55. Doesn't seem right.