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Still waiting for diamonds value to tank. Not sure why it’s taking so long. If you could make gold in a lab, I’m guessing there would soon be a drop in the price.
Hmm interesting, aren’t they valued differently tho? Ie diamond price ≠ to synthetic diamond price by weight? I think supply of diamonds is very controlled by a few big players. Don’t know enough about it tho.
Platinum has been lagging like crazy compared to silver and gold. It's very toxic to work with (palladium is a platinum group metal so I'll go ahead and assume what i think i know about platinum the element applies it palladium too) but doesn't have a lot of practical functions (at least i don't think) and to my knowledge, silver and gold both serve critical electrical functions that make them both critical to infrastructure, and both are unmistakable. Recognizability is a huge aspect of money metals. Gold is hard to miss and silver is very easy to test. Gold and silver are the two most conductive metals so they're all over electronics. Platinum is hard to work with, hard to purify, more expensive in any mass but doesn't plate nearly as easily as gold. It's less conductive but handles heat better. That isn't enough to justify using much of it outside of very niche components and those are pretty few.