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$100 Platinum 1oz Eagles, 2008 and prior "brilliant uncirculated"... I bought one
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<p>[QUOTE="medoraman, post: 978457, member: 26302"]<a href="http://www.galmarley.com/FAQs_pages/production_consumption_faqs.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.galmarley.com/FAQs_pages/production_consumption_faqs.htm" rel="nofollow">http://www.galmarley.com/FAQs_pages/production_consumption_faqs.htm</a></p><p><br /></p><p>Shows that a little more than 10% of gold consumption per year is "industrial" encompassing your uses you listed. Of that 10% a large amount is recovered, as opposed to silver and platinum uses, so even that 10% is not a net loss of metal. That is what I was trying to say Krispy. I wasn't trying to make it personal or about certain groups. I personally couldn't care less who wants to use anything, its not my business.</p><p><br /></p><p>My comparisons between the two stockpiles was simply to point out that there is no danger that an industrial application could cause a shortage of gold, unlike the case with platinum. Gold is valuable simply because its gold, while platinum is valuable more for its industrial applications. I was not even saying which would be a better investment.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 978457, member: 26302"][url]http://www.galmarley.com/FAQs_pages/production_consumption_faqs.htm[/url] Shows that a little more than 10% of gold consumption per year is "industrial" encompassing your uses you listed. Of that 10% a large amount is recovered, as opposed to silver and platinum uses, so even that 10% is not a net loss of metal. That is what I was trying to say Krispy. I wasn't trying to make it personal or about certain groups. I personally couldn't care less who wants to use anything, its not my business. My comparisons between the two stockpiles was simply to point out that there is no danger that an industrial application could cause a shortage of gold, unlike the case with platinum. Gold is valuable simply because its gold, while platinum is valuable more for its industrial applications. I was not even saying which would be a better investment.[/QUOTE]
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$100 Platinum 1oz Eagles, 2008 and prior "brilliant uncirculated"... I bought one
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