Yesterday I sold my paper platinum. The investment was originally acquired at HKD12,868 per oz in January on the theory that a combination of supply disruption and economic recovery would give prices a lift. Neither event has happened so I decided to move on.
I sold at HK$ 10,694 per oz for a loss of 17%.
As an aside, recent posts would suggest that I am losing a lot of money on my investments. While it is true that I have had several losing investments, fortunately most of the losers have been smaller investments and they are greatly outnumbered by the more successful ones. As a whole, my non-property investments are will above cost.