Platinum to da Moon!

Discussion in 'Platinum' started by Coins A-Z, Sep 4, 2019.

  1. Coins A-Z

    Coins A-Z Active Member

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    .............. Platinum to da Moon! ...............
     
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  2. Coins A-Z

    Coins A-Z Active Member

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    Platinum Price 9-3-2019 A.jpg
     
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  3. alor

    alor Well-Known Member Silver Stacker

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    out of fuel, gravity pull
     
  4. TreasureHunter

    TreasureHunter Well-Known Member

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    I can see the divergence. I did have a good feeling about Platinum a few months ago.

    So, it's a good buy after all.
     
  5. Coins A-Z

    Coins A-Z Active Member

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    Oh ye of little faith!
     
  6. milled

    milled Active Member

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    it seems only good in terms of automotive sales and in a recession should tank hard. That becomes a good opportunity to buy. I would like to be faithful but people are not when it comes to money in its current form.

    when you look at most metals the price is no better than 10 years back

    what may push it up is another commodity boom

    where are the drivers for this?
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    SilverStackers members!

    Who else? :D
     
  8. Coins A-Z

    Coins A-Z Active Member

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    It's not necessarily what the drivers are today but rather what are potential drivers down the road. I do think that it's possible, though I admit I don't know enough about the subject to be certain, that due to the rising costs of palladium, a segment of the auto industry may retool their catalytic converters as to make Platinum a lot more feasible to use than Palladium, especially since Palladium is so much more costly now.
     
  9. minimilled

    minimilled Active Member

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    Last I looked it was exactly as you said.

    From a lay understanding there is a life cycle to vehicle manufacture that means delays from the time of the basic science and engineering RnD through to executive decisions to incorporate the new design into the next vehicle lifecycle.

    Pd costs more than gold. That you’d think would spur on RnD for alternatives.
     
  10. alor

    alor Well-Known Member Silver Stacker

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  11. Coins A-Z

    Coins A-Z Active Member

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