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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (44611)1/2/2009 8:55:06 AM
From: maceng2  Read Replies (1) | Respond to of 217544
 
Gold is just as handy an industrial material as platinum, palladium, and silver. Each as special unique properties. Semiconductor processes use plenty of each. You just have to look at any high reliability part to see the gold plate.

As an engineer, I used approximately similar amounts of each material on older tech parts. Old tech can becomes new tech though.

It's only financial institutions and governments that think gold does not have much value. Strange though that might seem.

MQ's cell phones have precious metals in them by various amounts, and you can buy, sell and barter with these precious metals using same cell phone. It's not the nineteenth century anymore.



To: Haim R. Branisteanu who wrote (44611)1/2/2009 3:44:58 PM
From: RJA_  Respond to of 217544
 
>>I do agree that hoarding platinum would be superior to hoarding gold was also wondering why no one recommends investing in this metal which has much more industrial applications than gold, being a catalyst to many useful chemical reactions

Platinum, only discovered in the early 1800's has little or no history as money... where as gold and silver have lots that history.

Canada made platinum maples for a while, but quit when the raw material became too expensive for collectors.

Perhaps that will change.



To: Haim R. Branisteanu who wrote (44611)1/2/2009 5:34:53 PM
From: TobagoJack  Respond to of 217544
 
i figure ...

platinum will go up for sure, regardless of what happens, be it inflation or deflation

gold should go up in one or the other case, depending on boundary condition interactions and such at each end of in-de-flation

silver might go up the most if gold goes up at all

perhaps the wagers might end up a win win win outcome