Silver
🥈 Silver, like gold, benefits from safe-haven demand during crises, though it’s more volatile.
🏭 Silver has significant industrial applications, particularly in electronics and green technologies.
♻️ The company recycles platinum and palladium, especially from industrial sources like automotive catalytic converters and dental alloys.
⚖️ While also a precious metal, silver’s price is heavily influenced by industrial demand, making it distinct from gold.
@Academiadeinversion:
“Although, well, even if when thinking about precious metals, we always think of gold and silver, platinum and palladium are also precious metals. I don’t know if you want, you have any opinion about it, or you have any opinion of them? Yes, look, sincerely, of platinum and palo, we touched little. That’s true. Yes, we have some ingots and some coins and such, but it is a little residual. Well, then it is like gold and silver are much more known such platinum and palladium, we also work it, but it is much more residual, as I said before. What is true is that we buy a lot, we recycle a lot of paladi platinum, especially from industrial level, because they use it in. It seems to me that they are platinum or the paladi, one of the two, works very well with heat, and we buy many probes that come bathed in platinum and palladium and all this, and then dentures also, that is, dentists a few years ago also used a lot of gold mixed with platin and with paladi, and we also recycle a lot of that. Now, projection of platinum and opinion of platinum and palladium? Well, it is complicated because we work more with gold and with silver, although they are good metals, but I think they are more destined to the industry more than to the investment. Although platinum, for example, before was used a lot in jewelry because it was a more exclusive metal, between quotes, than white gold. In fact, platinum, a typical platinum ring was worth more money than a white gold ring. Now it is totally the other way around. So, I think that now platinum and such, well, has passed to the second plane, I think.”
Watch the exact part of the video where Pep talks about Silver here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Silver at this link: Silver stock.
