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Platinum should be shooting the lights out, then. There's only about 130 tons of the stuff mined each year (6% of the gold mined), it has more uses than gold (w
by richardw 15y ago
Platinum should be shooting the lights out, then. There's only about 130 tons of the stuff mined each year (6% of the gold mined), it has more uses than gold (which increase the demand and reduce the supply as it's used up over time) as 50% of it is used for industrial uses, and it's sexier than gold - ask your girlfriend/wife if she'd prefer a platinum or gold ring. So if you really want a long-term store and one that is comparatively undervalued to gold, choose platinum.