Loading ...This May be Useless Information
Maybe too much time on my hands
Platinum:Palladium is at an extreme…here is the co relation of the ratio with Gold
I guess it makes sense as Platinum is more of a Precious metal and Palladium is more of a base metal …or something like that
>>Platinum that is used more in diesel engines has seen falling demand. With car sales growth featuring more in petrol-engine-dominated American and Chinese markets, and less in diesel markets like Europe, the demand bias has been for palladium, rather than platinum.
Palladium has traded at a discount to platinum because of platinum’s greater cost of extraction and its wider scope of applications. But one application in which palladium does excel is catalytic converters for petrol engines. The diesel engine’s relative loss of favor over the last 12 to 18 months to the petrol engine has boosted demand for palladium, driving up the price to the point that it exceeded that of platinum this month for the first time in 16 years.<<
From https://agmetalminer.com/2017/10/19/palladium-platinum-china-electric-vehicles-emissions-standards/
One might wonder what the demand for either palladium or platinum might be in the age of the electric car. "They" say self driving electric cars will be ordered up on demand within 10 years, much as taxis are today. Cost? About $100/ month. Why then own an internal combustion engine car at all? (GM is now in the transportation business, not auto sales business)
Where will the energy come from to power all these electric cars? New technology small city sized reactors, built underground. Being developed now, so I have read.
Buy uranium.
Technology can and does change the way we live and work much more quickly than one might expect.
Electric cars have a dozen moving parts. Internal combustion engines have 2000 moving parts (give or take)
Electric cars will run for 1,000,000 miles (1,600,000 KM) and don’t require tune ups or costly repairs.
Internal combustion engine cars last 200,000 miles (maybe), are costly to buy, repair, and insure.
Order on demand (with your smart phone) self driving electric cars will be a cheaper alternative to owning a car – and no parking hassles either.
Change is coming to the transportation industry. Are we are ready? (in the long run…short WTIC, long uranium?)
https://www.linkedin.com/pulse/transformation-can-you-spot-horse-ralph-torrie
TED talks – meet Taylor Wilson, boy genius.
The future of nuclear energy?
https://www.ted.com/talks/taylor_wilson_my_radical_plan_for_small_nuclear_fission_reactors?language=en
https://www.theguardian.com/science/2015/jun/20/taylor-wilson-nuclear-teen-genius-science-interview
Wow ! Thanks Silverfox . I had not heard of this. That’s Incredible stuff. Order on demand….wow!
Waymo seems to be leading the way with the autonomous car tech, just got licensed in California for a pilot run. I think I saw this video here actually posted last month, https://www.youtube.com/watch?v=duWFnukFJhQ
Seems change could be coming sooner than we think, especially if this kid can get the small nuclear generators into production, the worst mindset to have right now is a normalcy bias. Thanks for posting Fox!!
And thank you, Randy, for re-posting the Tony Seba video.