Quote from: Lokmar on Today at 03:02:41 PMI see it like this:
Gold is real money. It's the king of metals. It also has real world industrial use
Platinum is even more rare but it isnt real money. Its value to industry is huge and its value is demand driven. It behaves the opposite of gold.
Silver is the middle ground. It is money and industrial in balanced amounts. It can and has been more easily manipulated because the money people dont value it as much as gold and the industry people are interested in keeping its price down for their bottom line.
Well, if that's the case - then given that the economy everywhere seems to be in the doldrums, when it picks back up again, the demand for Platinum & Silver should increase & so should the price.
Seems when the economy is slow, companies and even nations (such as China) start mining or stacking resources. Apart from a sluggish economy this gives them ammo when the economy recovers to start the industrial production again.
Clearly, there is this effort to create this 'New Economy'. Includes Green Technologies, Electric, Hybrid, Hydrogen power. So when they expand the price moves should be even more dramatic than the 10% moves we've seen in the last couple of months.
Other words, buy when the economy and demand is low.
When it picks up, reap the rewards from those investments.
Copper & Lithium should be added to the watchlist as well @Lokmar okmeer.
I was lookin' around the other day for 1 lb. copper bars.
Guest what? Couldn't find. 'em, they were all sold out, like on this website, Silverbull
https://silvergoldbull.ca/copper?shape=Bar&order=price&dir=desc&c1=GAW_SE_NW&source=CAN_BRD&cr2=search__-__nw__-__can__-__desktop__-__mod_brd&kw=copper_bars_brd&cr5=545814079157&cr7=c&utm_source=google&utm_medium=cpc&utm_campaign=search__-__nw__-__can__-__desktop__-__mod_brd&utm_content=search__-__nw__-__can__-__desktop__-__mod_brd&utm_term=copper_bars_brd&gad_source=1&gclid=CjwKCAjwr7ayBhAPEiwA6EIGxAWc3MsbYka1CJCh3t4PbUCano6K6R29LtgYRTRl6W6-HTzcKk1HBxoCTbcQAvD_BwE
...if you look for the heavier weights, 1 lb, 10 lb, there's no stock. Just the small coins and bars.