is so much fun platinum

is so much fun platinum

So the price is also driven partly by economic growth. So it shares no common drivers with gold, and there's really no reason why platinum should be more expensive than gold. Palladium is used in petrol cars. For more information, see our cookie policy. We can't help ourselves; it's an exceptionally useful evolutionary adaptation. And remember you can unsubscribe at any time. Hence as diesel has lost out to petrol, platinum has lost out to palladium. Platinum is the 3rd most dense metal, and the other 2 metals with a higher density are more expensive than platinum, osmium and iridium. As a result of this common driver – the monetary aspect – it makes a certain amount of sense that gold and silver should trade relatively closely to one another. An autocatalyst is a “cylinder of circular or elliptical cross section made from ceramic or metal formed into a fine honeycomb and coated with a solution of chemicals and platinum group metals.” An autocatalyst mounted inside a stainless steel canister is known as a catalytic converter. Broo it’s so frustrating I was at 512rp and went back down to 483rp :( all my boys are on vacation so … They can also convert pollutants from diesel exhaust into carbon dioxide and water vapor, which is immensely helpful in reducing pollution. And yes, it is rarer, and it is pretty. It's mentioned in the same breath as gold, silver and diamonds, writes MoneyWeek's executive editor John Stepek in his Money Morning email. The price of gold is virtually all down to how people feel about the financial system and the big picture outlook. More than 2,000 years ago, indigenous people in South America made rings and ornaments out of platinum metal. Meanwhile, Europeans began to use the metal in jewelry in the 18th century and continue to do so to this day. Egyptians used platinum for decoration as early as the 7th century BC. And it's easy to get the idea into our heads that those relationships will last – such as, platinum should always be at least as expensive, if not more expensive, than gold. As a result, when the ratio between them reaches extremes, it's not unreasonable to expect it to reverse. And they do – the correlation between the two (the extent to which they move together) over the past decade is far higher than for gold and copper, oil or platinum. When used to make jewelry, platinum is commonly alloyed with other platinum-group metals such as palladium, as well as copper and cobalt, so that it is easier to work with. Yet today, gold is trading at a higher premium to platinum than we've seen in most people's investing lifetimes. Criminals are now pinching catalytic converters (at least, according to an anecdote from John Gapper in the FT earlier this year) in order to get hold of the palladium. SUBSCRIBE & BECOME a DOH-NUT ☛ http://bit.ly/2RHlzFM & get DMF Shirts Here: http://www.dohmuchfun.com ... We hope you had "DOH MUCH FUN" watching! But if the secular story behind platinum changes (as it has) then that old relationship can change too. If you look at that chart, and you have a single contrarian bone in your body, then you have to be itching to buy.   In the same year, about 190 tons of platinum … Additionally, platinum rings are usually 95% pure platinum, while 14k gold is only 58.5% gold (18k gold is 75% gold). A key component in pollution-control devices for cars and trucks, … The project was led by the mega hit single, “Hot” featuring fellow YSL artist, Gunna and “The London” feat. It's easy to get fooled by patterns in markets. Here's the ratio of the platinum price to the gold price (it's the platinum price per ounce divided by the gold price per ounce), going back to 1990. And what was once a valid view can become completely irrelevant. The real problem with the platinum-to-gold ratio is that there's no fundamental reason for there to be a desperately strong relationship between the two metals – there is a correlation, but looking back over a decade, the gold price is more strongly correlated to both copper and oil than it is to platinum. It's not so much because there's 15 ounces of silver for every ounce of gold (or whatever the exact physical ratio is), which is what the silver enthusiasts tend to harp on about.

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