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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19219351 No.19219351 [Reply] [Original]

What do you niggers think is gonna happen with platinum?

Paladium has already mooned, and some think that platinum might become the primary metal of choice for autocatalysts again, and I've heard some companies are trying to develop platinum based EV batteries, either leading to an increase in platinum prices.

But new car sales are down like 75% right now so the auto industry looks fucked.

>> No.19219409

Don’t personally hold any due to its dependence on automobiles.

>> No.19219559

>>19219409

Are there other factors that effect its value?

>> No.19219635
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19219635

Historically low prices but not used as currency like gold or silver, probably hodl until industrial capacity ramps up again. Some medical uses, apparently.

>> No.19219670
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19219670

>>19219635

>> No.19219866

>>19219670

(((Merchants)))

>> No.19220427

>>19219559
japs
literally only people buying this junk are slanteyes

>> No.19221430

>>19219635
We used platinum all the time in the stable isotope lab I worked in. It is a catalyst for reactions. When palladium gets to expensive you can use platinum to reduce emissions.

>> No.19221487

>>19220427
shut up vaginal discharge

>> No.19221491

>>19219351
$382