Buy 24k Mene Platinum Now, Turn into 24k Mene Gold Later

in #mene6 years ago (edited)

3E676042-E725-4CC0-85AC-7E90E8D2DA92.jpeg

Can you really turn this:

ABE57702-81F9-472E-8335-F1EE6C1F5C7F.jpeg

Into this?

72D62F51-169F-4FB3-9BDE-2A14E6ED4C85.jpeg

Maybe.

There are some that use trading dynamics to increase their precious metals holdings by alternating between selling and buying gold and silver based on something called the Gold to Silver ratio:

7B399573-7B02-4C92-84B5-54918D2582ED.png
https://seekingalpha.com/article/4205481-gold-silver-ratio-spikes-highest-level-27-years

In a nutshell, it is how many ounces of silver it takes to buy an ounce of gold. Some use this to determine if silver or gold are over or undervalued relative to each other historically.

For example, if the historical average has been that it takes 50 ounces of silver to buy 1 ounce of gold, and today it takes 85 ounces of silver to buy 1 ounce of gold, you might think that silver is cheap.

Why am I talking about this?

Because Mene sells both 24 karat gold AND 24k karat platinum. Today, in December of 2018, gold is trading way above platinum.

4359BE00-AF1E-4DC4-A344-1054D82C8BD9.jpeg
https://www.goldmoney.com/research/live-prices-and-charts

We can use a similar metric of platinum to gold as the gold to silver ratio to see how we can turn platinum into gold.

Gold:

6F1169A8-7B3A-46A1-84AF-98B3884D1608.jpeg

Platinum:

229D9F66-AF5A-4565-91E9-F3CA1DC6AC2F.jpeg

You can see from these 10 year charts that most of the time in this time period platinum has traded above gold, sometimes WAY above.

So in theory you could buy a 24karat platinum piece of Mene jewelry like the Verona Cuff:

CFF03106-8FD1-4E1F-8EBD-F17D4D1F2361.jpeg

...and sell it back to Mene when\if the platinum\gold ratio favored platinum. Mene would then credit your account and you would use those credits to buy 24k gold.

See how this works: https://steemit.com/mene/@goldmatters/secret-features-of-your-mene-dashboard-part-3

Timed correctly to cover the Mene buyback fee (10%) and your desired Mene gold jewelry, this would optimize your Mene investment.

03496445-2636-4152-A17F-BC7DE3BCA941.jpeg

This is not as crazy as it may sound. Metals can fluxucuate relative to each other significantly as we have recently seen in the palladium market.

https://steemit.com/money/@goldmatters/buy-palladium-with-a-goldmoney-holding

Theoretically you could turn any Mene 24k platinum piece into Mene 24k gold... and while you are waiting you can enjoy wearing it every day.

F9A94CB5-D3C0-4A2A-90DA-408DAE49A2A0.jpeg

Just try and do that with your 401k!

D2267450-DA91-47C1-973D-BB0C1DF99A14.jpeg

C247AB9A-23F7-4B35-9268-969E22176274.jpeg

Investor Presentation: https://mene.com/investors/docs/investor-presentation_november-2018.pdf

Earn $5 in Mene credit for signing up for Mene with this invite link:

http://mene.com/invite/JrT26p

To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters

Sign up for steemmonsters: https://steemmonsters.com/?ref=goldmatters

Jewelry Worth It’s Weight in Gold:

Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.

I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney\Mene allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

See Steemians unbox Mene:

Sort:  

Brilliant approach to the ratio play! Now You just gotta’ stop buying ALL their dice!!!

😜👍👍

Any idea on restocking timeline? Menē can barey keep stuff on the shelves 😁🤩😁
Fyi, Mrs. D just received a Pt Snowflake that she is giving to step-mom for Christmas!
❄️❄️❄️❄️❄️

No way!! I haven’t even seen those in person yet !

It just arrived to her work today! i told her not to open it so “momo” can have ALL the thrills!

😁👍👍

Tryin’ to get a gold one for Mrs. D — but that pesky fiat is hard to come by! 🤣🤣🤣

For the dice specifically?

Yeah... but no worries GM, i already clicked the alert button, and don’t have the bux right now anyway...

I’ll still keep an eye out for you :) if i see any dice you will be the first to know !!

😆😆😳🤩👍

Very smart and is why the majority of my (Mrs W) mene collection is platinum. I can see big gains the platinum very shortly.

I can’t wait to see the first person do this and write an article on it

Brilliant and interesting! I, too, will be looking forward to the first one who will test the theory.

Me too! I should probably offer some sort of prize for this

Platinum speculating with our eyes on the pot of gold and the end!

You got a 3.68% upvote from @booster courtesy of @goldmatters!

NEW FEATURE:

You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every 24 hours.
Quick Delegation: 1000| 2500 | 5000 | 10000 | 20000 | 50000

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.029
BTC 63396.80
ETH 2615.51
USDT 1.00
SBD 2.86