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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: energyplay who wrote (24006)10/24/2007 3:47:32 AM
From: 8bits  Read Replies (1) of 217752
 
Platinum has many other high priced industrial and scientific uses.

True.. it has broader applications than Palladium and has a much greater cachet as jewelry/investment item. It's also more durable (less brittle, important for jewelry fabrication) and melts at a higher temperature than Palladium (important for industrial uses).

Found this article on diesel catalysts:

"Nanostellar, described as a leader in nano-engineered catalyst materials, introduced gold as an oxidation catalyst in diesel emissions technology for the first time in April this year.

It announced a gold or tri-metal catalyst (platinum, palladium, gold) that enables manufacturers of light- and heavy-duty diesel engines to reduce harmful emissions up to 40% more than existing platinum-palladium catalysts at equal cost

Its first generation product, based on a platinum and palladium alloy, introduced in 2006, achieved a 25-30% higher performance than commercial pure platinum catalysts. And the second generation product, the gold containing catalyst, delivers a further 15-20% increase in performance.

Platinum is the most expensive component of the diesel oxidation catalysts required to meet the new, stringent emissions regulations for light-duty and heavy-duty diesel vehicles produced worldwide. "

Very much on the plus side, Platinum is rarely used as a currency reserve like gold and silver are.

Yes a very good point. There are still many tons of gold sitting in the vaults of central banks waiting to be liberated when droves of people start retiring in Western Europe/US and request their government retirement.
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