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Wil platinum ever surpass gold again in price?
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<p>[QUOTE="medoraman, post: 1329143, member: 26302"]White gold is a US concoction not really used anywhere else in the world. It is viewed as some kind of backward, worthless metal to most countries. I think of it as the US Frankenmetal invented as a wartime substitute for platinum, but continued by jewelers due to the high profit margin selling it to gullible Americans.</p><p><br /></p><p>Regarding mallability, you are right, its the most mallable metal. I have not personally seen thin gold leaves or thin gold coins in those countries, though, and I have been to all you describe and am friends with some gold dealers in those countries. They actually buy all of their jewelry from the middle east, they don't make it locally usually. Most gold jewelry is as thick of thicker than here, as its a status symbol and a source of savings in those cultures.</p><p><br /></p><p>I really like how their jewelry industry works, but that is kind of off topic.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1329143, member: 26302"]White gold is a US concoction not really used anywhere else in the world. It is viewed as some kind of backward, worthless metal to most countries. I think of it as the US Frankenmetal invented as a wartime substitute for platinum, but continued by jewelers due to the high profit margin selling it to gullible Americans. Regarding mallability, you are right, its the most mallable metal. I have not personally seen thin gold leaves or thin gold coins in those countries, though, and I have been to all you describe and am friends with some gold dealers in those countries. They actually buy all of their jewelry from the middle east, they don't make it locally usually. Most gold jewelry is as thick of thicker than here, as its a status symbol and a source of savings in those cultures. I really like how their jewelry industry works, but that is kind of off topic. Chris[/QUOTE]
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