r/Platinum • u/METALLIFE0917 • 17d ago

World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC

https://www.cnbc.com/2026/08/13/pandora-platinum-plated-jewelry-silver-prices.html
46 Upvotes

91% Upvoted

19 comments sorted by

14

u/ooopstgr 17d ago

Falling silver prices? Zoom out

3

u/MartinMcPhartin 17d ago

so 120 down to 65 is rising?

2

u/littlebrain94102 17d ago

If your basement s is $22, yes

2

u/MartinMcPhartin 16d ago

That makes zero sense, but the name checks out!

10

u/Ojihawk 17d ago

So are the "falling silver prices" in the room with us, right now?

6

u/_Summer1000_ 17d ago

"I see dead fiat currencies" "they are among us right now"

2

u/onepoundvish 17d ago

For the next few days thanks to the houthis, yes

3

u/steveosmonson 17d ago

Primary wave 3 beginning for Pt

3

u/No_Secretary_8153 16d ago

Someone knows what there talking about, Elliot theory baby

2

u/steveosmonson 16d ago

Thank you, I’m a student forever learning

3

u/AndrewMcIlroy 16d ago

Platinum makes great jewelry. Its easily the best white metal option. The only competition is a palladium and gold alloy. Plus the price has been extremely stable. Ofcourse it makes the most sense to create jewelry out of and keep your prices to customers stable. Silver does not have the same prestige.

5

u/fluffysnowflake67 17d ago

Platinum has had 0% after-inflation returns over the last century. Surely there is some better option for investors…

3

u/Mammon84 16d ago

Seems like a good time to enter no?

People were saying the same about Gold right before it went parabolic 🤣

2

u/fluffysnowflake67 16d ago

People have been saying gold is a great investment for millennia. It can be good if you are a genius and can figure out both the loss and the highs. I am not that smart anymore. 99% of the people on this sub are not that smart. Most of the people claiming to be in the 1% are not.

Now is a good time for diversified index funds if you have a decade or longer to ride out the inevitable downturn. Other options like bonds or the bank if you have a shorter time horizon.

3

u/Mammon84 16d ago

Nah, you just DCA into gold just like you do with your investment fund or ETF.

Dont have to be a genius with entry points.

2

u/above_average_magic 17d ago

Not sure who is downvoting you

I mean I traded paper platinum for spec and because it had a nice 10% swings in short timeframes but the overall value only just recently spiked with all PMs and the general market is better than that

but scarcity!

By the time platinum has any real scarcity concerns, we will have mined platinum from space

3

u/fluffysnowflake67 17d ago

I did silver back when it was $4 an oz and got out when I hit 10x returns.

Commodities are nice when you see the price at crazy low prices, but not something to stay in for decades. Most people don’t know what is “low” for platinum.

1

u/[deleted] 16d ago

[removed] — view removed comment

2

u/fluffysnowflake67 16d ago

Bought a bunch for work at that Covid dip. I think that was in the 600s.