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<p>[QUOTE=&quot;WingedLiberty, post: 1238164, member: 26030&quot;]platinum and palladium are industrial metals </p><p><br /></p><p>platinum is used mostly in cars (catalytic converters)</p><p><br /></p><p>so if the economy&#039;s around the world tank and growth slows, the demand for industrial metals fall</p><p><br /></p><p><br /></p><p><br /></p><p>Gold is a pure store of wealth ... it&#039;s really become like a surrogate currency ... hard money that can&#039;t be inflated like paper money can&nbsp; ... many central banks and governements own gold (and buy gold) to help diversify themselves away from paper currency like the US Dollar</p><p><br /></p><p><br /></p><p><br /></p><p>Silver is sort of a 50/50 metal ... it&#039;s also a bit of a surrogate currency ... many countries produced gold AND SILVER coins in their history ... So people are used to using silver as&nbsp; store of wealth ... however big central banks and governments generally dont buy or hold large stores of silver ...&nbsp; however I think the public does ... since silver is so much cheaper and easier to buy (afford) for the common man ... Silver also has industrial uses.&nbsp; &nbsp; So silver sort of provides a dual play ... two ways to make money on it.[/QUOTE]</p><p><br /></p>

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