Tesla sales crash

[carmanmemoranda]

only safe secure commodity ? platinum has outperformed gold this year

But not over the last 3 years, which is a much better way to view before investing.

But it is worth considering

 

[fillyboy]

only safe secure commodity ? platinum has outperformed gold this year

I'm still holding Rolls Royce, just wish I'd got in 4 years earlier.

 

[JohnD]

The platinum group metals do have some intrinsic value, which gold doesn't.

Hence the trade in stolen catalytic converters, which I presume is declining now.

 

[Odds]

only safe secure commodity ? platinum has outperformed gold this year

All that bling in the oval office must've driven down the price.

 

[carmanmemoranda]

What reason would theft be declining ?

Because they aren't using the same, or amount, of material.

Virtually the only sought after ones are original older Honda ones, and they are getting very thin on the ground now.

I can't recall the last instance I heard of a converter thread in my area

 

[JohnD]

What reason would theft be declining ?

EVs

Higher efficiency

Cats wedged under the bonnet, not hanging under the belly of cars.

 

[JohnD]

but with the tremendous rise in prices they would still be making more from less material

Platinum has only recently got back to the price it had 15 years ago.

 

[carmanmemoranda]

but with the tremendous rise in prices they would still be making more from less material

But it doesn't happen

Try taking an old converter to scrap metal merchant. Worth next to nothing now

 

[carmanmemoranda]

The point is gold like anything can rise and fall . In the past year its not even kept up with tesla shares

And the point is that it is about as safe as you can get, long term.

You put your money where you want. I prefer gold to shares. I don't even need to look often to see how it performs. Would you say the same about any shares ?

The slump you were on about, any evidence? None of the UK gold tracking graphs show it.

 

[carmanmemoranda]

seemingly all the gold ever mined would fit in a cube of 21.7m

Hence it's value

 

[carmanmemoranda]

Well you are good enough to use Google to find your graphs should be too hard for you to find 2022 price drop from 2000 dollars to 1600 dollars

No

Look on any UK site (I buy in £ in the UK) and show me. Don't just run away, you have the facts, don't you ?

Gold.uk. Royal mint. Bullionbypost. Etc etc etc

Jan 2022. £1339.60 per Oz

Jan 2023. £ 1496.92 per Oz

I think that covers 2022 ?


Oh and current price £3004 approx per Oz . I say approx because it's a live price

 

[Knave of Hearts]

No

Look on any UK site (I buy in £ in the UK) and show me. Don't just run away, you have the facts, don't you ?

Gold.uk. Royal mint. Bullionbypost. Etc etc etc

Jan 2022. £1339.60 per Oz

Jan 2023. £ 1496.92 per Oz

I think that covers 2022 ?


Oh and current price £3004 approx per Oz . I say approx because it's a live price

You actually pay more than £150 over the price of the quoted market price. And you might have to pay Capital Gains Tax.

And you get quite a bit below market price when you sell

 

[motorbiking]

Mottie did not accept the offer at the time I made it. Nor did the chicken biker. Lirefighter said he would and I thanked him, but I never saw anything further. A few decent people did, and saw the evidence.

Still telling lies, I see.

 

[Notch7]

Tesla car sales are falling in a rapidly climbing EV market

In the month of August, Tesla reported just 8,220 vehicles being sold in the European Union. That's down an astounding 36.6% from the 12,966 reported a year earlier

Tesla shares are lower than they were mid Dec 2024

 

[carmanmemoranda]

You actually pay more than £150 over the price of the quoted market price. And you might have to pay Capital Gains Tax.
View attachment 395265


And you get quite a bit below market price when you sell
View attachment 395266

Ok. Adjust the figures and it's still healthy