alloy, first...there are more than two. Hell one of them I live within an hour of. Second, those of you that think metals are going down? Do you think that because China is having a hard time digesting some debt conversions? Lets say thats the case. Most platinum is used in Chemistry anyways, not automotive. Automotive has been a relatively closed system of recycling for decades until very recently. And palladium, well the highest level of use is in modern high frequency multidirectional antennas, both in ground to satellite and tower to cell phone. (also the cell phone has palladium too). In fact the advent of 5g globally means palladium has seen an exponential increase in use. And rhodium? Well, pzev vehicles, tier 4 final emissions in trucks and prime movers, all of that uses rhodium. Gold is always a hedge, so its rise really does seem to stem from economic inflation. All of the above said, if you think anything is going to trend back down, let me know when you want to sell. Look around everybody, this is the only time when exports are much lower than expected worldwide and yet our commodities are still higher than average. Copper should be your biggest indicator of whats on the horizon for everything else.
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