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<p>[QUOTE="Clawcoins, post: 2763237, member: 77814"]The odd part is with industry, Industry is always looking for a better, or as good but far cheaper components to manufacturing.</p><p><br /></p><p>For example, with catalysis/electrocatalysis reactions in catalytic converters the auto sector is looking at alternative non-PMs for lowering the costs and improving the product. Just do a quick search on platinum alternatives, such as MIT working with Tungsten. If someone becomes successful at this replacement, then the 70% of platinum/ palladium/ Rhodium usage demand would disappear. And I would think subsequently the bottom would fall out in those PMs price per oz.</p><p><br /></p><p>The industry in solar cells also apparently has successfully replaced silver with aluminum.</p><p><br /></p><p>So as one hedges PMs in manufacturing always be aware that manufacturing is always looking for lower cost alternatives, just like any other product.</p><p><br /></p><p>And we all know that PMs are not worthless. They're worth their weight in that particular PM. Which the argument can be made that they are limited in value and subsequently could be considered worthless as cryptocurrency, by comparison are worth far more than they weigh. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>But we all like the shiny metals anyways ...</p><p>I wouldn't mind stacking 10 oz silver bars ... or 10 oz gold bars <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2763237, member: 77814"]The odd part is with industry, Industry is always looking for a better, or as good but far cheaper components to manufacturing. For example, with catalysis/electrocatalysis reactions in catalytic converters the auto sector is looking at alternative non-PMs for lowering the costs and improving the product. Just do a quick search on platinum alternatives, such as MIT working with Tungsten. If someone becomes successful at this replacement, then the 70% of platinum/ palladium/ Rhodium usage demand would disappear. And I would think subsequently the bottom would fall out in those PMs price per oz. The industry in solar cells also apparently has successfully replaced silver with aluminum. So as one hedges PMs in manufacturing always be aware that manufacturing is always looking for lower cost alternatives, just like any other product. And we all know that PMs are not worthless. They're worth their weight in that particular PM. Which the argument can be made that they are limited in value and subsequently could be considered worthless as cryptocurrency, by comparison are worth far more than they weigh. :) But we all like the shiny metals anyways ... I wouldn't mind stacking 10 oz silver bars ... or 10 oz gold bars :)[/QUOTE]
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