With platinum prices currently less than half those of gold, moreover, the white precious metal has become an increasingly attractive proposition for the price-sensitive Chinese consumer market. This trend has been nowhere more clearly observed than in the demand for jewellery, with sky-high gold prices prompting Chinese consumers to opt for the more affordable platinum-jewellery market. “Jewellery fabricators and distributors are trying to save themselves because gold jewellery sales are falling off a cliff. They need to find a new metal for jewellery so that they can survive,” Weibin Deng, the regional head for Asia Pacific at the World Platinum Investment Council, recently told Business Insider. “It cannot be too expensive; otherwise, people wouldn’t buy it.” YOU MEAN ABSOLUTELY EVERYTHING I SAID A MONTH AGO?
Best to get in on these things when almost no one is interested. You can't make jewelry with lithium broski! China is now using platinum in all jewelry. Don't get left behind..
I may have posted this stock before: NBIS Recently initiated by GS as a buy. Pt of $68 Do your own dd They own 28% of Clickhouse, which is currently valued at $6B.
Turns out the usual TSX Friday pull back was an excellent entry point for Silver stocks. Santa Cruz at another new high now ( $1.46 Cdn recommended at $0.70 ). If Silver breaks $40 they will all go up, but certainly chasing the small caps here is risky unless you play the daily ranges and look for pull backs. I'm trading them except for my core position in Santa Cruz.
GBA SELL-->OPEN Opendoor Technologies Inc. $4.84 +2.59(+114.89%)2:16 PM 07/21/25 NASDAQ |$USD |Realtime