PGM's have their industrial use cases but it's not correct in saying it's more resistant to oxidization or conductivity. Whilst, PGM's like chrome are used for stainless steel for example, it requires a rather cumbersome process and demand is low.
Gold is where it is because it's pooled to the top over 12500 years at the very least. PGM's are fairly new, and it's use cases like cathodes for ICE cars are also within the last century.
PGM's have a lot of value too - but we're comparing 12500yr to 125yr cycle - I mean, to be fair, 1980's saw the start of the PGM markets, prior to that the demand/use case was very low. It also looks like silver so this is why Gold is gold.
S!ayer
npub1eh…3mz4s
2025-06-18 08:54:46
in reply to nevent1q…ynjs
Author Public Key
npub1ehkvx8rdjsrwnf7kkqr8gy42vcwe6vwgqdwrl4juqccp689v8wfqr3mz4sSeen on
wss://relay.nostr.band/npub1t3wsgj6lvcv072gcslrmrf52zwjc9ru258y5657z46fhrc2fg6vqjw8ah4wss://relay.nostr.bandwss://wot.utxo.onewss://relay.damus.ioPublished at
2025-06-18 08:54:46Event JSON
{
"id": "67d7bb17bab5f5088f68d60d249af7eb712e5beee0d36874232eece42eb23388",
"pubkey": "cdecc31c6d9406e9a7d6b0067412aa661d9d31c8035c3fd65c06301d1cac3b92",
"created_at": 1750236886,
"kind": 1,
"tags": [
[
"e",
"ef9c0776e5fe158eb1c1508e2a3f01e317b2f3ccf05ad47aa5a047a31a2a3363",
"wss://relay.primal.net",
"root",
"511062d39765047667d81b308162ba117c4fd25f2e718ba1e1189d1af6046622"
],
[
"e",
"6667650d176865c00bfb47f00b4a20d36b59da7e7b87e39c3cfa78be14b7470c",
"wss://nos.lol/",
"reply",
"511062d39765047667d81b308162ba117c4fd25f2e718ba1e1189d1af6046622"
],
[
"p",
"511062d39765047667d81b308162ba117c4fd25f2e718ba1e1189d1af6046622"
],
[
"p",
"cdecc31c6d9406e9a7d6b0067412aa661d9d31c8035c3fd65c06301d1cac3b92",
"wss://feeds.nostr.band/lang/en"
],
[
"p",
"511062d39765047667d81b308162ba117c4fd25f2e718ba1e1189d1af6046622",
"wss://relay.primal.net"
]
],
"content": "PGM's have their industrial use cases but it's not correct in saying it's more resistant to oxidization or conductivity. Whilst, PGM's like chrome are used for stainless steel for example, it requires a rather cumbersome process and demand is low.\n\nGold is where it is because it's pooled to the top over 12500 years at the very least. PGM's are fairly new, and it's use cases like cathodes for ICE cars are also within the last century.\n\nPGM's have a lot of value too - but we're comparing 12500yr to 125yr cycle - I mean, to be fair, 1980's saw the start of the PGM markets, prior to that the demand/use case was very low. It also looks like silver so this is why Gold is gold. ",
"sig": "d74926cc9879c286cb43d0fd997af62a0d705a9ace8535d60de69f4e44084330a4611f758fe4a708e696fcd0060affc3c3efa6929d1f2de6ca357cbc5c83d836"
}