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theplatinumbear / Platinum Bear
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2024-11-05 18:51:00
in reply to nevent1q…ry8f

theplatinumbear on Nostr: If they were to do it. Platinum could not be 1300 bucks. They would have to reprice ...

If they were to do it. Platinum could not be 1300 bucks. They would have to reprice the metal and they could reset the price at an unbelievable high price since majority of the world doesn’t even own a gram of platinum. It would have little to no impact on the markets.

Which they couldn’t set the price as high with gold, because it would likely cause chaos in financial markets.
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