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That something makes or does not make sense to you or me means absolutely nothing. We cannot compare the subjectivity of what fits or does not fit into our individual peanut brains with actual real numbers we can look at and agree upon with certainty and perfection. There is a worldwide spot price for Pt and you or I or anyone else can walk into a coin/bullion dealer and buy a readily recognizable and difficult to counterfeit form of same (such as a Candian Maple Leaf or a Pamp Suisse bar which comes in a serialized assay-package) for about $60 over that world-known price. (That margin, the seignorage, is inescapable) Should they want to know, anyone in the entire known universe can look up that market price and know it within a dime. That’s actually quite a bit different than me looking up the price of hamburger at Safeway and you looking it up at Kroger.

As an example, I have absolutely no explanation how anyone with functioning brain cells could vote for a Hillary Clinton, but 40% of the population will, with near perfect certainty.

When I started buying silver in 2000, it was my impression that the $4-5 price of it (then) was less than the cost of production. And the example I used was, a slice of bologna. You cannot birth a cow, raise a cow, feed a cow, take care of a cow, slaughter the cow, then grind up the cow and stack slices of bologna into a plastic container, having refrigerated that stack of slices while being transported to your grocer where he must in turn keep the package of bologna slices refrigerated until they sell, for (say) a penny a slice.

That is not my view today, by the way and appropos of nothing.

All the research I am doing right now while this idea has glimmer to me says that Pt costs well north of $1K/oz to dig out of the ground, grind up, refine, assay, and press into a coin or bar such that it can be conveniently transacted, eg; swapped for green cash.

It doesn’t make sense to me either.