*Sigh* Platinum takes a dump, again...

[nickndfl]

Kitco has platinum + $310 right now. BE has it + $125. Apmex is selling only regular price now. Get it while you can.

 

[Bottom Feeder]

platty did worse than gold but better than silber
Pt -17%
Au -09%
Ag -26¼%

 

[Casey Jones]

It's a rigged market; and today they found it expedient to rig.

To rug-pull.

They tried last night. Today they must have quadrupled-down...

...and the regulators just keep staring hard at their shoes.

 

[Voodoo]

Haven't had a Platinum update in some time. We did get below that $2,000 level but climbed back above. Still have a good amount of OI left in April.

Deliveries so far have been 1,907 contracts (190,700 oz) so far with 04/06 being the only 100+ day since the start of the month.



And we can see we still have about as many contracts standing for deliver at 1,445.

 

[nickndfl]

Platinum is a precious metal and not a monetary metal like Au & Ag. I still like it.

The Japanese are not adopting hydrogen cars as planned, so demand will consist of catalytic convertors, medical devices and other industrial applications. Elon Musk should buy it all up anyway.

 

[Voodoo]

I like it a lot. It could never really be money though as there just isn't enough of it to be money.

Very unique, hard to counterfeit, and very useful.

 

[Someone_else]

Platinum is a precious metal ... demand will consist of catalytic convertors... Elon Musk should buy it all up anyway.

Damn, that is insightful! Wish I had multiple ways to "like" that.
If the world stays with carbon fuel cars and catalytic converters, he could corner the market and name his price.
He could at the same time raise the price so that his electric cars looked more competitive against those that need catalysts.

 

[Voodoo]

I think we need some Platinum like Goldbacks.

 

[Voodoo]

Not much change, only 10 contracts delivered and OI still high the past couple days. Tick tok.

Not a huge monetary deal but still almost $400 million needed to buy that much.

 

[Bottom Feeder]

I didn't listen, just watched. Did he mention platty was a great catalyst?

 

[Ttazzman]

I didn't listen, just watched. Did he mention platty was a great catalyst?

....it is only 1:17 long you need to extend your attention span ........but if i recall it did elude to that as a property

 

[Casey Jones]

Well, it'll only be useful so long as we have an industrial economy. Which, right now, is not a certainty or a long-term prospect.

And much of the demand comes from GOVERNMENT REGULATIONS. In a Mad-Max world, no EPA bureau-weenie is gonna be doing tailpipe tests on your urban survival monster-truck.

Bottom line, to me, is, it's a metal of limited, although serious, uses; and with a limited customer and demand base. Gold, OTOH, has proven appeal for 30 centuries.

 

[KnowWhy]

....it is only 1:17 long you need to extend your attention span ........but if i recall it did elude to that as a property

Hah, allude

 

[Ttazzman]

Hah, allude

.what you don't get is the speech to text got reasonably close from my twangy verbalization.....but i certainly deserve that after on Bottom Feeder
if you cant tell i just spent a week with the granddaughters in the house while they were on spring break (3 and 5yr old) a significant portion of that time was actually teaching reading so they are doomed

 

[Bottom Feeder]

....it is only 1:17 long you need to extend your attention span ........but if i recall it did elude to that as a property

There seems to be plethora asinine videos and my attention span has been burned up.
I read.

 

[Casey Jones]

^^^^
Behind all the AI fake-fact videos, is very-real Private Equity, I've learned.

It's the fresh pasture for those vultures, and they're going wild in it.

 

[KnowWhy]

.what you don't get is the speech to text got reasonably close from my twangy verbalization.....but i certainly deserve that after on Bottom Feeder
if you cant tell i just spent a week with the granddaughters in the house while they were on spring break (3 and 5yr old) a significant portion of that time was actually teaching reading so they are doomed

It was funny cause i am sure you knew. I use talk texting often and my eyesight is poor enough I can’t spell/grammar check on my phone.
Silly AI is learning from the common denominator when it decides what to write based on what it hears. Often incorrect and seems intentionally to dumb us down more.
Living and working with bilinguals and ESL i care waaay less now.
Good job teaching your grandkids.

Go platinum!

 

[Voodoo]

Hah, allude

Homophones can go home. Who needs em.

 

[Voodoo]

^^^^
Behind all the AI fake-fact videos, is very-real Private Equity, I've learned.

It's the fresh pasture for those vultures, and they're going wild in it.

AI content is AI content, whether its written or video. It's mostly ok but certainly nothing on the internet is gospel.

 

[Casey Jones]

AI content is AI content, whether its written or video. It's mostly ok but certainly nothing on the internet is gospel.

You have to consider it all; but never has their been so much untruth, so much propaganda, so much lying and nudging and smearing, as there now is with the fake British AI voices.

When I'm linked to a video saying what I believe to be true, but read by a mechanical voice, and organized in that plodding, repetitive way, with the mispronounced words and the stumbling on punctuation...I have to question whether I've just bought into moar lies myself, in the past.

If the algos and the Globalist money behind them, are pushing something, it's almost-certainly a lie or intended to hurt or limit me somehow.

 

[Bottom Feeder]

but certainly nothing on the internet is gospel.

Uh, what?

Gospel

 

[Voodoo]

Ya I know, news to me. I mean I'm no Trump but pretty much you should take it 110% accuracy.