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seapilot
03-08-2008, 03:38 PM
Been watching PM for a little while and noticed that Silver has a 100 to 1 ratio with Platinum. This has been pretty consistant and they tend to always fall close to that. Since some people watch and still think Gold /Silver ratio needs to be historically accurate, but it seems the Silver/ Platinum ratio is somehow more balanced. Anyone else notice that or is it just an odd coincidence?
Corydoras
03-09-2008, 11:02 PM
It would be cool to see a graph of that, but I don't know how to produce one. Anybody?
Primbs
03-09-2008, 11:09 PM
I would think it is more coincidence. They both have different industrial uses.
Corydoras
03-09-2008, 11:20 PM
Yes, but silver and platinum both DO have sizeable industrial uses, whereas the industrial uses of gold and palladium are relatively small (though palladium's is growing). Therefore, their prices are similarly affected by the economy. When people are eagerly buying electronics, their silver consumption rises, and buying cars, consumption of platinum. Recession will put a dent in consumption. This is not the case with gold, definitely.
Primbs
03-09-2008, 11:32 PM
I have read that some may try to substitute palladium for platinum because platinum is getting really expensive.
AceNZ
03-10-2008, 12:29 AM
It would be cool to see a graph of that, but I don't know how to produce one. Anybody?

http://stockcharts.com/h-sc/ui?s=$PLAT:$SILVER&p=W&b=3&g=0&id=p54018554427
Corydoras
03-10-2008, 10:41 AM
Very cool. Indeed it doesn't vary as much as I thought it might.
seapilot
03-10-2008, 05:24 PM
Very cool. Indeed it doesn't vary as much as I thought it might.

Thats what I thought as well. They tend to move together, so Platinum goes up fast , silver seems to follow. I look at that instead of the gold/silver ratio.