my sentiment change based almost entirely on the deteriorating direness that in on your side of the pond, not yet notice by enough, and a bit on the relative inflation / deflation of assets here there and everywhere which will call for different monetary actions by the officialdoms choosing to no longer hang together but to instead hang separately
on white metal drama - i make an observation that ought to be intuitively obvious to the most casual of passing observers riding on horseback, really fast, and one that is quite noticeable on par with a putrid whale sandwich in the cat’s litter box under the hot sun, that platinum, given the convenient etfs, could be squeezed by speculators until it really hurts, until
(i) regret from the money printers are sincere,
(ii) hundreds of billions of automotive parts production and assembly lines go on 3-days week due to lack of parts that go into environmentally friendly tailpipes
(iii) hard disk drive cost starts to rise
(iv) refineries panic over spare parts
(v) optical glass manufacturers pay 20% lease rate kitco.com
(vi) Japanese and Chinese jewelry makers push palladium and silver
(vii) Indians dishoard gold and mob platinum
(viii) Tail-jacked cars litter the streets
(ix) Fuel cells stop working
(x) Japanese purchase US Nuclear Aircraft Carriers and nuke submarines no longer affordable by the empire, to berth in S.African harbor to generate electricity to feed into the grid so that newly recognized as vital and friendly democratic Zimbabwe can work the mines under the continuing wise leadership of Mugabe
(xi) Platinum price kitco.com hit 7,000 at the very least
(xii) Eventually, wars of self-determination engulf the independent city state of Harare
(xiii) Finally, UN declares the hoarding of platinum illegal, and platinum price really moves up
BTW, platinum makes good money, fungible, divisible, does not corrode, is shiny, central bankers have none, but the metal comes in legal tender form, is discreet, with books annual capital gains vs all paper, and even gold monies, and even earns a decent interest rate for spending on groceries
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