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Platinum is the "third" precious metal (gold and silver are much more popular). Yet there are reasons to consider buying and holding Pt.
It is rare, yet priced at some 20% less than gold (historically Pt is typically some 5% - 30% higher than Au).
The "fundamentals" are different than either gold or silver.
Gold has essentially no industrial use, and the stock:flow ratio is extremely high (highest of all commodities I believe). Gold has a long and storied history (valued by man for over 6000 years).
Silver has been valued by man almost as long as gold, and has been used as MONEY (circulating coins) in much larger volume than gold. About 50% of silver (more?) is used by industry, most of that NOT recycled...
Platinum is also used in industry (but as catalysts in cars and chemical plants), but is also a precious metal.
Thoughts? [I have traded thoughts on Pt over at Zero Hedge and PMBug, but would like comments from BTC-ers]
Topic: Does Anyone Follow Platinum Here? (Read 329 times)
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