What could push the price so high? I think silver is more of an industrial metal than platinum. I am trying to find reasons why it could climb in prince on the longer term.
they use some palladium in the nuclear reactors, but may be pigs need to wear platinum chains to be more humanic, for harvesting. crashing the prices seems to be more realistic to get the speculators dumping their holdings and to later scoop them up on the bargain counters
True silver got more legs on the industrial side but my theory is that PT has a lot of future use case that’s currently explored like Medical instruments, space shields, solid state batteries paired with limited supply due to power outages, local conflict in SA might trigger a rally. PT has past record and scarcity to bounce/smash gold on the face
Could PT get to the same price as gold as it has done many times in the past? If so , that would make PT an awesome buy right now.
If Pd is outlawed, Pt may benefit tremendously. There's a lot of Pt in warehouses due to years of surplus.
Certainly something that needs to be looked into as well, as always I have the feeling I'm too late though.
it was <200, but premium was at least 150 if you could find it mainly can get 1 or 2 from USA... but on eBay was never really drop it is long wait for Pt to hit bottom, so easier to ride the bull in Pd but premium is twice as costly in Pd compared to Pt
I managed only to sell 1 certicard in those years! so the rest went to the dealer, big discount! cost me $4k