Message:

<p>[QUOTE=&quot;Vess1, post: 463098, member: 13650&quot;]Platinum is a much more scarce metal from what I have read, compared to gold.&nbsp; It&#039;s not found at nearly as many places on Earth as gold is.&nbsp; </p><p><br /></p><p>&nbsp; Platinum is an excellent metal for jewelery because of it&#039;s hardness and strength.&nbsp; It takes a much higher temperature to melt platinum than it does gold.&nbsp; Like almost another 1000 degrees.&nbsp; The melting point is around 3200 degrees.&nbsp;&nbsp; And it is hypo-allergenic, so no adverse health affects.&nbsp;&nbsp; My wife&#039;s engagement ring and wedding band are both platinum.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; A six inch cube of platinum would weigh 158 lbs.&nbsp;&nbsp; It&#039;s a very strong dense, and rare metal.&nbsp; Very hard to bend or scratch.</p><p><br /></p><p>&nbsp; It&#039;s very surprising that it would be close to gold in value right now.&nbsp; All I can guess is that it&#039;s not used in nearly as many applications as gold, but I really don&#039;t know.&nbsp; &nbsp; I think we have some bad deflation going on which could also be causing the prices.&nbsp; &nbsp; I mean, gas just hit $1.99 in town today.&nbsp;&nbsp; I felt like I went back in time.&nbsp; &nbsp; There&#039;s more of everything (products) available right now, including PM&#039;s in comparison with what people are spending or willing to spend.&nbsp;&nbsp; As a result, prices are dropping like a rock, giving us deflation.&nbsp; Which could be the reason why PMs are so cheap right now.&nbsp; &nbsp;&nbsp; I have to admit, I would have never predicted something like this situation happening right now.&nbsp;&nbsp; If anything we should have severe inflation happening.</p><p><br /></p><p>&nbsp; The PMs will come back.&nbsp;&nbsp; I&#039;d say it&#039;s a buyers market right now if you&#039;ve got the cash.&nbsp; Don&#039;t get discouraged.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in