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ID: WM/IH9H//biz/60566168#60573079
7/2/2025, 7:05:07 PM
>>60573039
Most platinum comes from South Africa (political risk) and Russia (political risk). Ed Steer also says that Platinum is #2 problem-commodity for the bullion banks simply due to the razor-thin supply.
Although Platinum may not have all of the qualities needed to be used as money, it is still an very compelling store of value based on supply/demand alone. I still think silver is the better value, but I could also see Platinum go on a Rh/Pd style runaway. It used to be twice the value of gold, and obviously demand will fall as the economy slows, but still. It it even catches up 1:1 with gold you could easily double you money.
Most platinum comes from South Africa (political risk) and Russia (political risk). Ed Steer also says that Platinum is #2 problem-commodity for the bullion banks simply due to the razor-thin supply.
Although Platinum may not have all of the qualities needed to be used as money, it is still an very compelling store of value based on supply/demand alone. I still think silver is the better value, but I could also see Platinum go on a Rh/Pd style runaway. It used to be twice the value of gold, and obviously demand will fall as the economy slows, but still. It it even catches up 1:1 with gold you could easily double you money.
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