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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.)
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To: zeugma

The silver to gold price ratio has been upwards of 80:1 for a couple of months now. Historically that is very high. I have been nibbling in silver.


40 posted on 11/02/2018 8:17:51 AM PDT by NRx (#BlackBart-notmypope)
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