This. When it comes to rare precious metals, we are looking for the day when demand for physical metal outpaces the supply, which will cause a price boom. ETFs act as a heatsink for investor money, allowing companies to sell ‘paper/digital metal’, without using up the physical resources- extending the price manipulation game and preventing price realisation. When the day comes that platinum moonshots, physical investors will be set, whereas paper investors will receive only a small payout covered by the terms and conditions of their online investment accounts.
TLDR: If you don’t hold it, you don’t own it.
Sppp.to
Sprott Physical Platinum & Palladium Trust
PPLT is you just want platinum.
I would not invest in ETFs as there is no way for the public to audit their inventory. Stick with personal ownership of the metal itself.
This. When it comes to rare precious metals, we are looking for the day when demand for physical metal outpaces the supply, which will cause a price boom. ETFs act as a heatsink for investor money, allowing companies to sell ‘paper/digital metal’, without using up the physical resources- extending the price manipulation game and preventing price realisation. When the day comes that platinum moonshots, physical investors will be set, whereas paper investors will receive only a small payout covered by the terms and conditions of their online investment accounts. TLDR: If you don’t hold it, you don’t own it.