http://illuminatisilver.comSilver vs Platinum
What will it take to cause silver prices to rise again?
https://youtu.be/guVBo7exR0ESilver & Precious Metal Gurus – Our Opinion of Them
https://youtu.be/zn6IlqbXYBUSilver and Gold Price Plunge – an Explanation
https://youtu.be/3gkbNE_mJ5ASilver and Gold prices Plunge below $15 and $1200
https://youtu.be/h7q4n1jgUBYGold and Silver weekly Update – w/e 10th August 2018
https://youtu.be/r3HJRviJYmcToday is Monday 20th August 2018 and we are discussing silver vs platinum, how they compare, the size of the market, their uses and whether one offers a better investment opportunity than the other.
Both platinum and silver have been used since ancient times, dating back to over 3000 BC. Platinum is a rare metal and does not corrode, discolour or fade with time. Today most platinum is produced in South Africa, with the global annual output of platinum being one 100 times less than that of silver. Although it is more common, silver was at one stage considered more valuable than gold and was even used as currency.
Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewellery.
Silver too has a plethora of uses, including jewellery, solar panels, photography, medicines, electronics, plastics, detergent, water purification as well as a monetary metal.
As prices currently stand, platinum today is $793 an ounce and silver is $14.69 an ounce.
So, one of the questions we are often asked is which is the better investment, silver or platinum. Now whilst we do not give investment advice, there are a few factors which we can cover very easily and are obvious to observe.
1. Silver to platinum ratio is 54:1 this means that for every ounce of platinum you can buy 54 ounces of silver. This makes silver more easily affordable and provides the potential for significant gearing. What do we mean? Well when gold reached its peak in 2011 at approximately $1900 (we are rounding up figures to make the maths easy here) platinum also stood at $1900 and silver touched $50. So let’s suppose these metals went back to those prices just after you had invested $10,000 in them at today’s price. Well your platinum holdings would be worth $23,959 while your silver holdings would be worth $34,036 a $10,000 difference in favour of silver.
Now whilst we cannot say for certain that all of these will go back to the same price they were 7 years ago, you can see the gearing effect that buying silver has.
2. In addition Platinum’s all time high was $2162 (back in 2008) while silver was $50 (albeit for a brief moment) so one could argue that platinum currently standing at 36% of its all time high while silver stands at 29% of its all time high silver has further ground to make up as a percentage, or in other words its at a greater discount than platinum and therefore offers better value.
3. Now let’s suppose you decided you were going to go out and purchase a platinum coin and silver coin from an online dealer – let’s say a silver eagle which would cost you around $17 and a platinum American eagle around $875. So, the silver premium over spot is $3 or 20% and the platinum premium over spot is $82 or 10%. So percentage wise platinum seems to offer the better deal, but when you compare it to gold where the premium is between 3-4% which is more than half that of platinum its worth putting this into perspective).
So, in summary they forecast that Global platinum demand is expected to increase marginally this year, based on a 2% recovery in jewellery demand in Asian markets, as well as a 6% demand increase for industrial applications. This combined with a 2% decline in supply, owed to mine closures in South Africa, will result in a tighter 2018.
Now with regard to above ground stocks there is some debate amongst professionals – ranging from 3-5 years surplus to 5-10 years surplus, but much less than silver’s. So certainly as far as this body is concerned, it is positive about the future for Platinum.
So what of the future. Well at current levels platinum prices are low and appear quite cheap. Of course, if the dollar strengthens further, then we can expect to see prices fall from these levels. Having said that, certainly in view of the relatively robust recovery, platinum demand seems to have experienced this year, and with mine supply falling further, it is certainly a metal that is open to an attractive price rise in the relatively near future. However, before you rush out, sell your home and purchase all of the platinum you can, also take into account, the potential for rising interest rates and a higher US Dollar; the larger premiums charged for platinum coins compared to gold but lower than for silver, and also whether you believe that the world’s economy still has significant growth potential; for without it, like silver, the industrial demand will fall.
About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator
Random Science and Technology Video Generator
Random Nonprofits and Activism Video Generator
