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<p>[QUOTE="snapsalot, post: 1405337, member: 37085"]Platinum does not have any history its a fairly new discovered metal. Gold on the other hand as well as silver have been viewed as money and as power, status symbols, you name it for at least 5000 years. Nobody views platinum in the same fasion besides bling wearing rappers. </p><p><br /></p><p>Silver is viewed as status and money. Maybe not as eagerly as gold but it is. Plus its 5 times as rare as gold above ground with a ever growing depletion rate that will certainly expend the backstock (not including jewelry, coins and such) within 4-10 years. At that point silver mining and production will move in to a supply and demand commodity, which is vastly harder to manipulate prices with then a PM with tonnes and tonnes stockpiled would be.</p><p><br /></p><p>I honestly keep trying to stack as much junk silver, cheap bullion, or crappy 925 jewelry as I possibly can. Not because i view it as money, mostly because I view it as a industrial tool which has more and more demand and usefullness in the modern world every day.[/QUOTE]</p><p><br /></p>
[QUOTE="snapsalot, post: 1405337, member: 37085"]Platinum does not have any history its a fairly new discovered metal. Gold on the other hand as well as silver have been viewed as money and as power, status symbols, you name it for at least 5000 years. Nobody views platinum in the same fasion besides bling wearing rappers. Silver is viewed as status and money. Maybe not as eagerly as gold but it is. Plus its 5 times as rare as gold above ground with a ever growing depletion rate that will certainly expend the backstock (not including jewelry, coins and such) within 4-10 years. At that point silver mining and production will move in to a supply and demand commodity, which is vastly harder to manipulate prices with then a PM with tonnes and tonnes stockpiled would be. I honestly keep trying to stack as much junk silver, cheap bullion, or crappy 925 jewelry as I possibly can. Not because i view it as money, mostly because I view it as a industrial tool which has more and more demand and usefullness in the modern world every day.[/QUOTE]
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