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Perhaps platinium prices arr more set by practical uses for things like catalytic converters and the demand is down with the rest of the economy? Of course gol
by Nasrudith 6y ago
Perhaps platinium prices arr more set by practical uses for things like catalytic converters and the demand is down with the rest of the economy?
Of course gold's speculation value is essentially memetically driven by history and platinium tends to lack that.
- j_walter 6y agoPlatinum prices have declined every year, more or less, for the last decade. Car manufacturing world wide has increased in that same time frame (even excluding EV that wouldn't need platinum).
- gravitas 6y agoWhen you look at the macro trend, platinum has trended gold since the 80s... until around 2014 where it started going the other direction. https://www.macrotrends.net/2541/platinum-prices-vs-gold-prices https://www.macrotrends.net/2541/platinum-prices-vs-gold-pri...