To: NRx
Platinum, which is much rarer than gold and has industrial uses, is much cheaper than gold. Why aren’t they all buying platinum?
19 posted on
11/02/2018 1:03:49 AM PDT by
VanShuyten
("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
To: VanShuyten
21 posted on
11/02/2018 3:16:07 AM PDT by
sauropod
(Yield to sin, and experience chastening and sorrow; yield to God, and experience joy and blessing.)
To: VanShuyten
The smart people are buying brass & lead; ammo is far more valuable than either gold or silver. I’ve been buying since 9-12-2001.
23 posted on
11/02/2018 3:40:30 AM PDT by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: VanShuyten
It has no mystical qualities
29 posted on
11/02/2018 5:08:09 AM PDT by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
To: VanShuyten
Platinum, which is much rarer than gold and has industrial uses, is much cheaper than gold. Why aren’t they all buying platinum?Even weirder is that traditionally platinum has sold at a 5-10% premium to gold. Right now, that's inverted.
Spot prices:
Gold - $1234.80
Platinum - $869.00
Silver - $14.88
Silver has been bottoming out lately.
39 posted on
11/02/2018 7:31:55 AM PDT by
zeugma
(Power without accountability is fertilizer for tyranny.)
To: VanShuyten
I read an article in a jewelers magazine that the automotive industry found a cheap alternative to platinum for catalytic converters.
43 posted on
11/02/2018 10:03:47 PM PDT by
gdc61
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