The Price of Platinum Is Going to Rise

The value of platinum fell on the global markets as new technology began to be employed in its production allowing increasing new production. Even if these metals are indestructible, they do not have the many thousands of years of history of production behind them that gold has which makes their stock bars much larger than any new flows. We are not producing them very large quantities because we don't use them as money so we're only using them industriently. The total amount of monetary value stored in platinum and palladium today is enormously insignificant. If people tried to monetize it, we're just going to end up with another story like the Hunt BrothersBecause there isn't a lot of stockpiles of