/biz/ - Business & Finance

>>56449374
Silver has shit fundamentals, platinum has good fundamentals. Simple as.

These tards buy a metal that has 1billion oz's mined each year. That's only 6% better than copper at conductivity (look it up) and copper is 2$/lb.

It'll go up, but it'll be a slow dog of an investment. It's basically the same as investing in copper, if the price of mining goes up, the metal goes up. But at least copper has serious demand and use. Silver is barely use at all comparatively.

The only reason they buy it is because it's 20$ and that's in the sweet spot of 'affordable' and 'gainzzz multiplier greed. It's not even a noble metal since it tarnishes in the open air lol. It's a semi-noble since it doesn't really rust through, but still gets surface corrosion like anything else.

Buy any element in this picture and you win.