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it is also important to note that the sell/buy split is roughly down the middle, it is just how the software analyse that makes it seem that there are more buys than sells etc. The recent increase has no doubt been driven by II investing so there is bound to be a period of stagnation if they have finished for now, until the next bit of news comes along to drive the price up. I am happily just making small weekly top ups to increase my overall holding. Have a good weekend all.
interesting to note that one of the most popular dealers in bullion and coin purchase has no stock of ANY platinum. They cannot offer ANY physical stock at present. I have been buying physical Pt for a few years and have never seen this. No investment advice intended!
New records have been reported in many indices so a correction inevitable. The timing of the transaction between CB, LC and the IIs is interesting but presented an excellent opportunity to pick up a little more stock in what will likely be a tremendous investment going forward. I have liquidated all my other holdings and now only have cash, JLP and physical precious metals. There will be bumps along the way. Nothing goes up in s straight line indefinitely.
Frog
Bloody fuming, checked the action this morning and had planned to take a few more. Got involved with some stupid report I had to do and missed out its. Frustrating , had to pay 11.4. But good to be in a position where I really do not bother if buying opportunities like the last few days present themselves. If it goes up I'm happy, if it goes down I top up.
I think I will wait this week out and see where we lie. Not concerned with the drop, would rather it hadn't! I do think that the directors selling probably was enough to start this off but you have to ask has anything changed in the model? I dont believe so. I will be looking to add when I think the bottom is reached.
Frog