/biz/ - Business & Finance

>>51129528
you can't eat drink or smoke this when society collapses it serves no purpose

>>51129583
back to /pol/ you go schizo

>>51129528
Unlike gold and silver, Platinum doesn't have much history as a monetary metal, so that doesn't seem to be a factor. That leaves jewelry and industrial uses. Jewelry demand isn't going to suddenly spike. So it seems that industrial use is key. And here platinum really shines. Hahahaha! Get it? Platinum shines?

Platinum is the world's greatest catalyst. So it has a solid demand in the chemical, pharmaceutical, and petroleum industries. But there doesn't seem to be a big spike coming in those industries.

The real potential bull market in platinum seems to be related to hydrogen fuel cells. And that is particularly promising in electric aviation where batteries are at a significant disadvantage due to weight.

I think it is worth having some in the portfolio.

Platinum is more realistically priced than gold. Gold's enormous premium comes from memes that platinum does not share. Platinum has huge industrial demand is priced accordingly

>>51129716
>And that is particularly promising in electric aviation where batteries are at a significant disadvantage due to weight.
It'll do better long term than in the near future methinks

>shill precious metals
>but shitcoins are not shilling it's legit
Fuck off back to reddet

>>51129910
I think that's probably correct. Platinum is not likely to enjoy the recession.

>>51129528

>>51129528
Gold does not tarnish or diminish, so it is king.

>>51129583
>gold literally traded as value for thousands of years
>This is going to stop because... well it just is okay!

>>51129716
Hydrogen in aviation is a meme, SAF will become cost effective before hydrogen fuel cells are mainstream

>>51129528
Ignore good goyim that shit on the only thing that Jews fear - Silver and Gold are the future. Platinum on the other hand is shit;
>Most of supply comes from Russia and South Africa, the latter has riots and supply problems, spike in price was due to this fact
>High premium, even if it jumps $2000 you might not make much profit
>Main usage is being a catalizator in engines, guess what Jews want to kill, combustion engines
Buy Silver instead, it makes them seethe.

>>51129583
Neither can your stocks, dividends, bonds, crypto, or even cash.

>>51130930
PM's will not be the future, because there isn't enough PM's to sustain the current economy for the entire world. The future will still be in Fiat and digital currency.

>>51130930
this, Goldberg, and Silverstein. Simple as.

>>51129528
platinum = reddit
gold = 4chan
any questions?

>>51129528
I really want a nice American Platinum Eagle, but I am scared platinum could reach 50USD/oz as many anons have pointed out how the elites want to kill gasoline and diesel usage, so platinum has no place in the future. Gold and silver seem to be as electric cars depend a lot on the latter, and gold does have potential as given the dependance on technology in the coming years.

>>51131070
So with the demise of the USD via unlimited printing, people are going to go along with another currency that can be printed into infinity again?
PMs are also not the only commodity. Alcohol, tobacco, oil, food, ammunition, tools, and really any non-durable good will be the fallbacks.
Any fiat or otherwise worthless currency will not be able to be established in the chaotic aftermath of a USD collapse.
No one will trust anything anymore. Either something has a tangible value, or it's disregarded.
https://www.investopedia.com/terms/c/crackup-boom.asp

>>51134751
>any non-durable good will
*durable good

>>51130852
SAF uses kerosene in its mixture... and SAF relies on the collection of waste oils, who is going to bother separating that instead of sending it down the drain? I don't see how it can compete long-term with hydrogen, even if it gets traction in the next decade.

>>51130747
Yeah, basically. Critical thinking bro. You need it.

>>51134751
People are fucking retards that just want the status quo to continue. Anyone offering them a modicum of normality will win, even if it means them being slaves.

>>51134884
Yeah people will only change if forced to. This will happen when an eastern currency becomes the reserve currency. The decreased global demand for the USD will cause inflation domestically. There’ll be both the USD and the new currency for potentially a while, but the us domestic price level will be much higher than it is now.

>>51134884
System thinks my shit is spam.
>picrel

>>51135681
Except no eastern currency will ever become reserve currency.
As much as I respect Russia or China for their commodity/transformed goods based economies, I'll never store rubles or yuan at home as a means of storing value. If these economies are honest, they will always accept gold or silver as payment, so I'm much better off owning PMs.

>>51129528
Benanke was right. It’s just another asset. It goes up slowly like gold and that red headed retarded step child silver. Stocks go up faster. No one will ever go to Walmart and trade gold and silver for food. And no country will ship gold to china for Chinese products.

>>51134860
There’s lots of ways to make SAF, both by gathering waste fats from other sources (biomass, industrial waste oil, specific crops, etc) and by making SAF directly from Hydrogen + CO2.
I am extremely bullish on the latter long term, it gets cheaper as hydrogen gets cheaper and can be used in all existing infrastructure and vehicles.

>>51129528
if you have to ask that question, you don't get it

>>51129716
platinum has key applications in medicine for chemotherapy treatments and for implantables like pacemakers and stents

>>51136725
this doesn't negate its value. It is like owning expensive assets. If you have a rolex watch or nice beach house or a diamond ring you can always liquidate for cash. That is the purpose of gold, it's a lot of value in a small amount of space.

>>51129528
1.3kg gold and 100kg silver, Platinum I bought a a few Wiener Philharmoniker 1oz coins for 990€ each.
I missed out on cheap palladium, thats what really hurts.

>>51129528
Platinum is basically a short on south africa

>>51129757
>Platinum has huge industrial demand is priced accordingly
Yeah, but that means it could rug a bit if the economy tanks. Silver has this same problem.

>>51129528
>Platinum and gold have the same weight per volume
>Chart
You are obviously clueless, but investing in Pt is a risky but not a bad idea. It's much scarcer than gold, it will have more industrial and technological uses and it has a better reputation in jewelry.
>But muh gold standard
Yeah that was the past, we live in a fiat world and we will return to a Precious Metal standard in the future, but not Breton woods, Russia and South Africa will choose their backing strategically

>>51136725
The USSR shipped gold to Canada in exchange for wheat for decades to keep their people from starving. Canada wasn't about to accept commie rubles. No reason why Americans wouldn't buy Chinese goods with gold when the dollars eats it..