not real demand... more to "herd" demand like ipong

robertgo question is...why the "herd" demand is not on platinum but gold

how is gold more "asset safe heaven" and not platinum when platinum is more rare

This post has been edited by dr2k3: Nov 11 2012, 12:16 PM

http://www.ebullionguide.com/platinum-uses.aspx

u change hardisk more than you change processor...which most of the small amount of gold is located...so yeah...platinum got more uses than gold...suppose to be more demand than gold

This post has been edited by dr2k3: Nov 11 2012, 12:18 PM

that should mean more exp not cheaper

in another word....it's not real physical uses demand, more rare hence more valuable....it's more to monkey see monkey do kind of demand?

This post has been edited by dr2k3: Nov 11 2012, 12:26 PM

that kind of demand is scary....no fundamental support....except "emotional" support which is scary if want to use as safe heaven

just like the geneva.....bunch of zombie support

most of the logic on gold is that it is rare hence the justified of it's price/demand

[quote=iceypain,Nov 11 2012, 12:34 PM]
[quote=dr2k3,Nov 11 2012, 12:29 PM]
that kind of demand is scary....no fundamental support....except "emotional" support which is scary if want to use as safe heaven

just like the geneva.....bunch of zombie support

not exactly. geneva is different because it doesn't benefit one to continue following, at some point the ponzi scheme will go bust.

note that i'm refering to the convention of using gold as a store of value, not speculation. speculative bubbles are not nash equilibria

[/quote]


u cannot see the big picture....

platinum was price at 2.2k before 2008 meltdown.....6xx on gold

how is platinum less valuable when gold is less rare than platinum have less store of value than gold...when production cost didn't increase much

just like ipong and android popularity contest when ipong spec is lower ?

wealth preservation kind of demand is speculative demand...

industrial demand is more real demand

This post has been edited by dr2k3: Nov 11 2012, 12:49 PM

silver or platinum looks better tho

gold look like old fag

yes..fx trading

to me buy and sell is speculative

unlike industrial it is buy and use...therefore it is the real demand for me

what i mean is that...if a person buy a gold and sell the gold out....it's speculative

manufacturer cannot sell the end product into gold market anymore unless they melt it back to pure gold..therefore manufacturer cannot be say as speculative.....they are speculative on their own product but not to gold market

This post has been edited by dr2k3: Nov 11 2012, 01:01 PM

gold is metal