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Originally Posted by cguy610
^ why gold and not platinum?
For one, it doesn't have Gold's history. Which counts for a lot.
For another, there's too little platinum. It's impractical as a form of (even) stored money. It'd be a very illiquid market.
People like gold because if it's liquidity, cap on inflation (it actually takes labor and capital costs to produce more), and indestructibility.