PLATINUM Documentary: Mining, Science and History

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Commodity Culture

Commodity Culture

Күн бұрын

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@kenweis7913
@kenweis7913 Жыл бұрын
Platinum is way undervalued for how rare it is
@CommodityCulture
@CommodityCulture Жыл бұрын
Platinum is a purely industrial commodity, therefore it's rarity does not correlate with its price. It is priced for demand from industry, if it wasn't used for industrial purposes, it's value would essentially be zero.
@BootLikker
@BootLikker 7 ай бұрын
It really depends on how long they can keep the lie going eventually people will want something real and platinum will make an excellent currency along with other rare metals.
@TheRealBillBob
@TheRealBillBob 5 ай бұрын
Ohh come now. Let's all be honest. None of us have ever heard of platinum until the Rappers started wearing them along with gold and everything else.
@franciscoalmazanalhambra6965
@franciscoalmazanalhambra6965 3 ай бұрын
@@TheRealBillBob Talk for yourself.
@TheRealBillBob
@TheRealBillBob 3 ай бұрын
@@franciscoalmazanalhambra6965 It's called speak for yourself.
@sankalp3513
@sankalp3513 Жыл бұрын
Platinum is a dream metal for the chemist and materials Engineer. So versatile
@Gifer-i2k
@Gifer-i2k 6 ай бұрын
Да ладно?!😂😂😂😂😂
@csj3105
@csj3105 5 ай бұрын
Good morning to you
@TheRealBillBob
@TheRealBillBob 5 ай бұрын
Ohh come now. Let's all be honest. None of us have ever heard of platinum until the Rappers started wearing them along with gold and everything else.
@Dr.Weed8
@Dr.Weed8 4 ай бұрын
Yeah unfortunately it will always be too expensive for everyday objects but too cheap to ever be a good store of value. Although if it stays at $1000 an ounce for another 30 years maybe it will be cheap enough to use for disposable soda cans. Jk I love platinum, just a frustrated investor.
@hunt4redoctober628
@hunt4redoctober628 2 жыл бұрын
Back in the 1970's I was given a piece of rock from a mining company in South Africa with a 3mm wide vein of platinum and gold running through it, from the Merensky Reef, Rustenberg Platinum mines. I still have this rock sample today. It also triggered off a lifetime interest in Geology and collecting mineral specimens from across the world.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
That's awesome!
@jonathancoutts7775
@jonathancoutts7775 10 ай бұрын
Love to see it
@eewilson9835
@eewilson9835 9 ай бұрын
Can you describe the lines, how do they lay, intersect with other minerals, or present themselves? Platinum and Gold are formed the same way, though we are all still learning. Might you describe it in legal format?
@OtlotlengMabale
@OtlotlengMabale 8 ай бұрын
I live in rustenburg 🎉
@akesha4138
@akesha4138 8 ай бұрын
Can you post a clear image picture of the sample?
@dsw1664
@dsw1664 Жыл бұрын
I used to work in analytical chemistry where we'd use platinum for the electrolytic deposition of copper. One day we spent hours trying to find a platinum anode that had gone missing, after 4 hours we gave up. Next day the facility electrician was wondering why his soldering iron wasn't melting a piece of solder, even though it was hot. He'd picked up the platinum electrode thinking it was a piece of tin/silver solder that he'd left behind!
@CommodityCulture
@CommodityCulture Жыл бұрын
Love it, great story!
@thelasvegaskid
@thelasvegaskid 2 жыл бұрын
Undervalued metal for sure.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Agreed 🤝
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@MrMedictom
@MrMedictom Жыл бұрын
I used to be a silver-plating room operator for a medical device manufacturer. During my training, I was told that platinum is actually the best metal conductor of electrical current, but silver was a good cost-efficient alternative. The two years I spent on that job sparked an interest in chemistry (metallurgy in particular) that I wish I'd discovered in high school. This is a fascinating video, and I thank you for sharing it!
@CommodityCulture
@CommodityCulture Жыл бұрын
Very interesting, and copper is generally used in place of silver for more common electrical applications because of its lower price. Thank you for watching!
@xr1140
@xr1140 Жыл бұрын
That's the main problem of the current educational system, it doesn't know how to spark an interest in kids by telling them where and how the information it provided can and will be used.
@dsadik666
@dsadik666 Жыл бұрын
Gold is usually the best for conducting electrical stuff. But cost is the issue.
@ps3301
@ps3301 Жыл бұрын
Please check the real scientific fact before making comments based on hearsay. Silver is the most conductive in the world.
@maxwellblackwell5045
@maxwellblackwell5045 Жыл бұрын
​@@FirstLast-uf7wg you left out platinum
@Osirus1972
@Osirus1972 2 жыл бұрын
Very well done! I am an assayer at a palladium mine and I found the history to be very enlightening. Thank you.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Very high praise coming from someone in the industry, thank you so much!
@akosimakuletztv4344
@akosimakuletztv4344 2 жыл бұрын
I wish to know about mine and minirals.. im greatfully happy to know about Platinum. Tnx to this channel
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@Benjybass
@Benjybass Жыл бұрын
Platinum has also been used in the manufacturing of Flutes (for those who can afford them), such as William Kincaid’s Verne Q. Powell Flute. It was auctioned off at 187,000$ in 1986.
@lowgyi5994
@lowgyi5994 2 жыл бұрын
Your channel deserves more viewers and subscribers
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you really appreciate it!
@HolySoliDeoGloria
@HolySoliDeoGloria Жыл бұрын
8:45 The purpose of the French Geodesic Mission to the Equator was NOT to prove that the Earth wasn't flat (it's not), and it was not then widely believed (nor for many centuries before then) that the Earth was flat. The main purpose of the mission was to measure the length of a degree of latitude near the Equator, and thereby to calculate the Earth's radius. Part of the purpose was also to determine whether the Earth was wider around the Equator or around the poles.
@AndreiVideoEditor
@AndreiVideoEditor 8 ай бұрын
Yep. Stopped watching the video right there. :))
@garysarratt1
@garysarratt1 8 ай бұрын
Is that when the English were trying to make a clock accurate enough to measure longitude?
@HolySoliDeoGloria
@HolySoliDeoGloria 8 ай бұрын
@@garysarratt1 The events occurred in the same time period (early 18th century), but were not pursuing the same things. From the Wikipedia article about the French mission, it was "carried out for the purpose of performing an arc measurement, measuring the length of a degree of latitude near the Equator, by which the Earth's radius can be inferred."
@garysarratt1
@garysarratt1 8 ай бұрын
@@HolySoliDeoGloria Maybe I meant latitude, I don’t remember. I’d better look it up!
@HolySoliDeoGloria
@HolySoliDeoGloria 8 ай бұрын
No, you were correct. An accurate clock is critical for determining longitude. This was the great quest of the time in the field of navigation and one of the greatest pursuits in all of science at the time. Determining one's latitude is easy and can be accomplished by several straightforward methods without a clock.
@mmariaveiga
@mmariaveiga Жыл бұрын
One note: The objective of the expedition in which António de Ulloa participated, wanted to identify precisely the shape of the Earth (how flattened is the Earth Globe in the Poles) not to demonstrate whether the Earth is flat. They needed to measure a meridian to do that. (Actually, to measure 2 meridians, the other in Lapland). Another note: Everybody knew in 1735 that the Earth is NOT flat. The expedition Magellan-El Cano (1519-1522), founded by the Spanish Crown had gone around the Globe: matter put to rest. I have found the rest of the clip very interesting.
@J-Anon-
@J-Anon- 8 ай бұрын
Thank you. That bit & giving credit to Newton makes me doubt everything about this documentary.
@mattjansen5532
@mattjansen5532 4 ай бұрын
@@J-Anon-Yes, like platinum being a hard metal for example…
@bencordell1965
@bencordell1965 Жыл бұрын
Come back platinum!!!!!
@SandBoxPioneer
@SandBoxPioneer 3 ай бұрын
what's that flower at 12:40 when you introduced Sweden? That stuff is growing invasively near me
@mariusm5660
@mariusm5660 2 ай бұрын
It is Chamaenerion angustifolium. This plant is useful and very pretty. en.wikipedia.org/wiki/Chamaenerion_angustifolium
@nw2010xl
@nw2010xl Жыл бұрын
Thanks!
@CommodityCulture
@CommodityCulture Жыл бұрын
Thank you for the donation, much appreciated!
@3618499
@3618499 2 ай бұрын
🤩 Platinum RULES! 👑
@CommodityCulture
@CommodityCulture 2 ай бұрын
It certainly does.
@wstavis3135
@wstavis3135 8 ай бұрын
Fun fact, Platinum is actually the color we call "silver," whereas Silver is actually white. My family used to recycle precious metals at our facilities in California. Working in the assay lab was great fun and interesting.
@J-Anon-
@J-Anon- 8 ай бұрын
WTF are you talking about? I have silver, platinum, & palladium coins; they're all shiny silver color, not white.
@Staroy
@Staroy 6 ай бұрын
@@J-Anon- you got scammed, it's all led then
@curtishorn1267
@curtishorn1267 2 жыл бұрын
What process is happening at 4:53 when the melt in the background seems to be shaking?
@CommodityCulture
@CommodityCulture 2 жыл бұрын
I don't know exactly but it appears to be a laboratory process involving heated crucibles. I got it from a stock footage library.
@puresilver5071
@puresilver5071 2 жыл бұрын
Good Video! Fan of platinum here.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad you enjoyed it!
@ps3301
@ps3301 Жыл бұрын
Platinum is even less reactive than gold and used as catalyst more often. The only reason why gold is more expensive because of Human emotional and cultural reason (it is easier to use gold as currency due to its relative abundance). Hence higher trading volume leads to higher price.
@dudemaker2845
@dudemaker2845 2 жыл бұрын
I stumbled across this channel about a month ago since I had to do research for a group project about Atomic Fuel and its rise. I was researching and researching when I stumbled across commodity culture! Now I don't only watch the videos for projects, but I was them for knowledge! well done :D (I just can't wait for the channel to explode)
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you for the kind words and your support!
@sandmanslim4637
@sandmanslim4637 2 жыл бұрын
I found it by watching the documentary on Platinum, and simple put, so much interesting info I subscribed.
@ristube3319
@ristube3319 6 ай бұрын
0:22 So prestigious it’s used to filter car exhaust!
@dondavis5633
@dondavis5633 4 ай бұрын
I've always wondered about platinum production and history, not to mention finding out about its many uses. Thanks so much for this fascinating presentation! I really enjoyed it.
@lv4977
@lv4977 2 жыл бұрын
Incredible job man 🦁
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you!
@davidphillips8674
@davidphillips8674 Жыл бұрын
The price of gold being 2x that of platinum is completely arbitrary. It’s only that way because gold is held as a “store of value” despite its uses being far fewer than platinum.
@KLW_2810
@KLW_2810 11 күн бұрын
The reason that gold is currently of a higher value than platinum is simply down to politics and supply and demand manipulation… LONMIN, The London Mining Company, that owned and operated the Maracana Mine when the “Maracana Mine Incident” took place. This incident was one of the biggest catalyst in the sudden drop in price of platinum metals, and was believed to be a deliberate ploy to ensure that countries, like South Africa, which holds 80% of all the Platinum metals on the planet, do not challenge the current economic standings, because the last thing that the powers that be want, is for a small little country with massive mineral and precious metal reserves to all of a sudden be “calling the shots” in the world… it really is that simple!
@evebaker4740
@evebaker4740 Жыл бұрын
All your videos are great, ty for the education
@CommodityCulture
@CommodityCulture Жыл бұрын
Appreciate that, happy you can get value from them.
@richpaydirt
@richpaydirt Жыл бұрын
This video was somewhat interesting as explorational history but there was very little information at all on the early and modern mining methods of platinum, extraction and production.
@sandmanslim4637
@sandmanslim4637 2 жыл бұрын
Your platinum documentary got my attention. Your channel is incredible!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you very much, appreciate the kind words!
@DwightStJohn-t7y
@DwightStJohn-t7y 11 күн бұрын
Princeton, BC is one of the rare places where it can be found with gold, and with the big river flood a few years ago there's going to be new finds. Unfortunately, for several decades you could stake all over the place, but as gold rose in value the valley is pretty well staked by now, but you can BUY claims for a few thousand dollars. Good luck.
@CommodityCulture
@CommodityCulture 4 күн бұрын
Very interesting.
@willcookmakeup
@willcookmakeup 2 жыл бұрын
This channel needs way more subs.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you!
@staninjapan07
@staninjapan07 8 ай бұрын
Fascinating, thank you. Though if you are going into enough detail to mention that platinum is blasted when mined, you might also mention how dirty a process mining is. A thought, not a criticism.
@toneloc7894
@toneloc7894 8 ай бұрын
You showed a scientist studying dry ice in a beaker. He looked like he was about to make a break through in dry ice technology
@vikiehr5563
@vikiehr5563 6 ай бұрын
ChatGPT Fascinating documentary! I learned so much about the intricate processes of mining platinum, its scientific properties, and its rich history. Truly eye-opening!
@mricht01
@mricht01 Ай бұрын
I like your video and the narrative.. however pls note that the R in iron is silent..
@vytautasvaicys8745
@vytautasvaicys8745 2 жыл бұрын
Top notch video. Surprised it is not a million views. I guess your content is too high of quality and not "viral enough." Keep up the good work. History always recognizes and rewards the greats.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you, really appreciate it and happy you enjoyed the video!
@primetime8717
@primetime8717 Жыл бұрын
KZbin doesn't like promoting positive, educated videos. But if he was posting some negative videos, he would easily be at million plus by now.
@loundsx9390
@loundsx9390 Жыл бұрын
Got the million now
@TasmanianWolves
@TasmanianWolves Жыл бұрын
Platinum!
@Australiaisupsidedown
@Australiaisupsidedown 9 ай бұрын
i lik gai pron
@СергейМасленников-я1ч
@СергейМасленников-я1ч 2 жыл бұрын
Первые платиновые монеты были отчеканены в России в 1828 году! (The first platinum coins were minted in Russia in 1828!)
@CommodityCulture
@CommodityCulture 2 жыл бұрын
That's awesome I didn't know that!
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@tobiasrietveld3819
@tobiasrietveld3819 10 ай бұрын
One of the first applications of platinum and one that was a big force behind raising the price of platinum to that of a precious metal, were fountain pen nibs in the 19th century. In some places were the alluvial gold was rich with platinum, it even triggered a second 'gold' rush.
@weldmachine
@weldmachine 2 жыл бұрын
The marks of a well produced video. This video definitely hits that mark. Good editing and information that makes you want to know more. Thanks for taking the time to produce this video.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you for watching and the kind comment.
@ramilparedes9930
@ramilparedes9930 2 жыл бұрын
Very informative
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad it was helpful!
@triple_gem_shining
@triple_gem_shining 2 жыл бұрын
Nice. I've wanted to learn more about platinum
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad you found the video useful.
@sebastianburnaz6760
@sebastianburnaz6760 2 жыл бұрын
Nice documentary!
@MasterCommandCEO
@MasterCommandCEO 2 жыл бұрын
I did in fact enjoy this vid
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you!
@jacquestaulard3088
@jacquestaulard3088 Жыл бұрын
You made a very useful and interesting video. One correction is that 'placer' is pronounced 'PLAH-sir, not PLACE-er. I think you misspoke also when you said that platinum was in the group with 'siliCONE' when you meant siliCON. Silicone (polydimethylsiloxane) is a type of rubber, often used to enhance women's breasts. In fact, enhanced breasts attract platinum in the form of jewelry and prenuptial agreements.
@CommodityCulture
@CommodityCulture Жыл бұрын
Very well said haha.
@EmeraldMaret
@EmeraldMaret Ай бұрын
You're doing a fantastic job! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@johnsongibbs6567
@johnsongibbs6567 2 жыл бұрын
great work on every level
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you very much!
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@well.thy.one.
@well.thy.one. 2 жыл бұрын
Just started stacking it, might as well learn about it....nice video.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you, glad you found some value here.
@corwind3888
@corwind3888 2 жыл бұрын
@@geocam2 Precious metals are a store of wealth rather than an investment.
@mraves9101
@mraves9101 2 жыл бұрын
As jewellry shop owner i can say one thing this metal is one of the hardest to work whit and to make it shine 😅
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Good to get some insight from someone who works with platinum, thank you!
@jonathanparker2369
@jonathanparker2369 2 жыл бұрын
Tell me about it! The majority of my work is plat, total pain in the arse
@mraves9101
@mraves9101 2 жыл бұрын
@@jonathanparker2369 hahaha i feel u 😭
@jessicaf316
@jessicaf316 22 күн бұрын
Other than polishing, it’s so nice to work on. Shaping and setting are a dream 😅
@Beerbatter1962
@Beerbatter1962 2 жыл бұрын
Super interesting and very well produced. I enjoyed the subject and learned aspects of the metal I didn't know.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad it was helpful!
@johannesswarts1440
@johannesswarts1440 2 жыл бұрын
Fascinating! An interesting story well told! Thank you!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you for watching!
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@guccilibrarian4728
@guccilibrarian4728 2 жыл бұрын
This is such a good idea for a channel - I'm glad I found it! I'm not an investor or anything - I just really like to learn about the resources we use so frequently in our lives without even knowing it. I'm going into the field of mining engineering, which is why this video on platinum piqued my interest, and now that it has, I'm excited to watch more of them!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you, I'm glad you find the videos useful and I also started this channel because I was interested in the same thing.
@lostinlife2700
@lostinlife2700 2 жыл бұрын
Make a video on extraction process and machinery involved
@TIPPYtoeup
@TIPPYtoeup 2 жыл бұрын
That was good and enjoyed it. Thank you!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad you enjoyed it!
@tymz-r-achangin
@tymz-r-achangin 2 жыл бұрын
Thank you very much for your time and effort you put into the all of the detail in this video We was also pleasantly surprised how you were willing to incorporate our God of ALL gods into the video Thanks again and may God bless you
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you but I'm not religious, although I believe in a higher power and creator of the universe. I was referring to God in the history section as it would have been the widely-held belief of the characters in the story.
@g-dcomplex1609
@g-dcomplex1609 6 ай бұрын
Always liked platinum and its physical characteristics as a catalyst, until i acquired some iridium, and my interest in platinum group metals grew exponentially
@asu4908
@asu4908 2 жыл бұрын
cool video and concept. i see this being big!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you very much!
@raymondrose334
@raymondrose334 2 жыл бұрын
I love these.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you!
@F.B.I-C.I.A
@F.B.I-C.I.A 11 ай бұрын
You know what is even better and definitely cheaper and more common Polinium-210 it os so good looking and should definitely start being used in jewelry.😀
@mugesang
@mugesang 2 жыл бұрын
in 1998 some americans had come to my grandfather’s village, they want to ask permission from my grandfather to be allowed to dig something in my grandfather’s land area, the american scientist promised a wage of a sum of money worth 1billions and will distribute 15 buffaloes to the villagers, but fortunately my grandfather rejected it because he felt something was wrong. only yesterday I got to know from my mother, She said the american scientists came to my grandfather’s village because they wanted to take the platinum that was in my grandfather’s land area. despite being persuaded by american scientists my grandfather reject their offers.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
That's an incredible story, thanks for sharing!
@leithonperez6572
@leithonperez6572 5 ай бұрын
The company I work for was offered to sell Rh Concentrate....but we don't have any clients....any buyer you suggest us?
@KyleStansfeld-zi6gc
@KyleStansfeld-zi6gc 4 ай бұрын
Just a note. 1st lesson. The mining technique known as Placer mining, is not pronounced like place, with an r at the end. It is pronounced like plaster without the T, and add the C. Pla-Cer, not Play-Cer!
@JohnAnderson-wc2fw
@JohnAnderson-wc2fw Жыл бұрын
The problem with platinum is that it IS used for many industrial applications. It is very profitable around the globe to keep the price down. Some would say essential
@betod3113
@betod3113 2 жыл бұрын
I noticed that everyone accumulate silver and gold but not platinum or palladium... How weird
@DavidBrown-in8hi
@DavidBrown-in8hi 2 жыл бұрын
Palladium is valuable days, but it’s lower on the periodic table than Silver. Silver is rather cheap, cost not more than 30.00 an ounce, whereas palladium is over 2,000.00 an ounce
@wowshorts1566
@wowshorts1566 2 жыл бұрын
I think platinum and palladium is not easy to sell
@betod3113
@betod3113 2 жыл бұрын
@@wowshorts1566 oh no for shure u will have to look for someone that is into it... I only have one platinum coin got it at the beginning of 2022 1/2oz always wanted one.. maybe one day al trade it for gold or something else worth it.. but yes platinum and palladium and silver look alike in metals and dealers sometimes don't belive its platinum or palladium so u have to give prof where u got it from paper work or something..
@Straight_Talk
@Straight_Talk 2 жыл бұрын
What does "stacks" mean in this context? Collects? I don't speak American terribly well.
@wowshorts1566
@wowshorts1566 2 жыл бұрын
@@Straight_Talk time stamp ?
@mstalcup
@mstalcup 2 жыл бұрын
By the 18th century, most people navigating a ship understood that the Earth wasn't flat. The spherical Earth model had already been proven scientifically.
@triple_gem_shining
@triple_gem_shining 2 жыл бұрын
Duh
@mstalcup
@mstalcup 2 жыл бұрын
@@triple_gem_shining The video says the 18th century voyage was involved with proving the Earth was a sphere and it said that up until that point in history, the idea of a flat Earth was popular.
@fiegenfiegen
@fiegenfiegen Жыл бұрын
Sorry, that was pretty ridiculous in this video... The earth has been circumnavigated many times before Newton was born! The earth was known to be a sphere for two thousand years!
@watdaschnitzel
@watdaschnitzel Жыл бұрын
The purpose of the French expedition was to infer if the Earth’s shape was prolate or oblate. That is, what type of ellipsoid it was.
@TheSonOfGodWorshipsTheFather
@TheSonOfGodWorshipsTheFather 9 күн бұрын
The Earth is flat.
@Acads72
@Acads72 Жыл бұрын
thanks for the video.
@lostinlife2700
@lostinlife2700 2 жыл бұрын
How and where to sell paltinum I have mine where 30% platinum is found
@Rivertable
@Rivertable Жыл бұрын
Helppp what's name of dong at 6.20????
@yomeroyomismo8681
@yomeroyomismo8681 Жыл бұрын
Very concise and fun documentary....
@CommodityCulture
@CommodityCulture Жыл бұрын
Thank you!
@PilotVBall
@PilotVBall 9 ай бұрын
Without the nonsense of marketing 0:19 platinum is just a metal. Iridium is much more desirable because at least it can protect you. If you only knew.
@peetsnort
@peetsnort Жыл бұрын
Fiberglass is made by extruding glass through a platinum tiny hole. The other use is to enable you to breathe ozone. Not pure ozone but when ozone goes through a platinum filter that converts the o3 molecules by holding onto one of the electrons and when the next molecules come along they get joined to make two oxygen molecules... o2
@CommodityCulture
@CommodityCulture Жыл бұрын
Very interesting.
@akesha4138
@akesha4138 8 ай бұрын
Wonderful presentation, concise and factual. Good science these days is less common. Platinum is 30 times rarer than gold and yet commands less than 1/3 of gold's price. Investing in platinum is very tricky and the physical demand market is thin and fluctuates wildly.
@ioanbota9397
@ioanbota9397 Жыл бұрын
Realy I like this factory so much
@CommodityCulture
@CommodityCulture Жыл бұрын
Thank you!
@tepidtuna7450
@tepidtuna7450 Жыл бұрын
Lots of very interesting comments from an eye-opening video. Thanks. I wonder how the world will change when we start mining asteroids? There are metallic asteroids with lots of iron, nickel, platinum-group metals, amongst others. The Psyche asteroid is thought to be the metal core of a failed planet and contains so much metal as to make it essentially as cheap as air.
@CommodityCulture
@CommodityCulture Жыл бұрын
Thank you for watching. At the moment, I believe mining asteroids is quite a ways off from being economically feasible but I agree it could eventually happen.
@gooman989898
@gooman989898 2 жыл бұрын
Not going to lie dude, loved this content. Subbed and added this to a playlist on precious metals I watch when I'm hung over
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad you enjoy it! Being hung over seems as good a time as any for some precious metals education 🤣
@IO-zz2xy
@IO-zz2xy Жыл бұрын
Very interesting history. Many thanks Regards from South Africa
@CommodityCulture
@CommodityCulture Жыл бұрын
Glad you enjoyed it and thanks for watching!
@platinum646
@platinum646 2 жыл бұрын
I love this metal.
@thandotwenanijr9937
@thandotwenanijr9937 2 жыл бұрын
What makes platinum to the strong procces in the lab..?
@triple_gem_shining
@triple_gem_shining 2 жыл бұрын
Higher density and probably higher melting point
@einundsiebenziger5488
@einundsiebenziger5488 Жыл бұрын
What makes platinum stronger* and harder* to* process* in the lab?
@chitranthirupathy6678
@chitranthirupathy6678 Жыл бұрын
Beautiful. I’m learning so much on my journey of stacking metal coins and bullion. ❤
@CommodityCulture
@CommodityCulture Жыл бұрын
That's awesome. Thanks for watching and keep stacking!
@V72_
@V72_ Жыл бұрын
My favourite metal is platinum. It’s fascinatingly dense and is so beautiful. (its also not as expensive as gold!)
@CommodityCulture
@CommodityCulture Жыл бұрын
I love platinum as well.
@cinemaipswich4636
@cinemaipswich4636 8 ай бұрын
The words "Silver Bullet" have been used since the first vampire movies, where it would kill him. Now "The Little Silver" is the new Silver Bullet where it helps make cancer drugs, to keep patients alive. Platinum is also used to make Integrated Circuit Chips to help vaporises metals in a vacuum, and lay up "one atom thick" on chips.
@mannyespinola9228
@mannyespinola9228 2 жыл бұрын
Thank you for this video
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thanks for watching!
@ecocodex4431
@ecocodex4431 Жыл бұрын
9:08 response quoted from Wikipedia: "The myth of the flat Earth, or the flat-Earth error, is a modern historical misconception that European scholars and educated people during the Middle Ages believed the Earth to be flat." "According to Stephen Jay Gould, "there never was a period of 'flat Earth darkness' among scholars, regardless of how the public at large may have conceptualized our planet both then and now. Greek knowledge of sphericity never faded, and all major medieval scholars accepted the Earth's roundness as an established fact of cosmology." Historians of science David Lindberg and Ronald Numbers point out that "there was scarcely a Christian scholar of the Middle Ages who did not acknowledge [Earth's] sphericity and even know its approximate circumference". Historian Jeffrey Burton Russell says the flat-Earth error flourished most between 1870 and 1920, and had to do with the ideological setting created by struggles over biological evolution. Russell claims "with extraordinary few exceptions no educated person in the history of Western Civilization from the third century B.C. onward believed that the Earth was flat","
@CommodityCulture
@CommodityCulture Жыл бұрын
Several have clarified this, appreciate it.
@mikemcgrath5188
@mikemcgrath5188 Жыл бұрын
160 tons of platinum are mined per year as opposed to 3000 tons for gold. but currently platinum is priced half as much as gold!
@paulcandiago9339
@paulcandiago9339 Жыл бұрын
Thank you
@brad4908
@brad4908 6 ай бұрын
“Its other myriad of uses…” - was the commentary auto translated from some other language?
@quint3ssent1a
@quint3ssent1a 8 ай бұрын
Best thing I've heard about platinum is that near my hometown there used to be a place where in 19 century some dudes found real platinum nuggets. Not knowing what it is and after determining it wasn't gold (i.e. thing that matters) some local hunters started to use small nuggets as shot in their hunting shotguns, because hey, it's denser than lead and hard like steel instead of being soft and deformable :)))
@halaheleu7013
@halaheleu7013 2 ай бұрын
What town is it ?😢
@quint3ssent1a
@quint3ssent1a 2 ай бұрын
@@halaheleu7013 Yekaterinburg, there were a few platinum mines opened in 1820 and first PT-Fe nuggets were discovered somewhere in 1814-1817.
@Thesupetrsisters
@Thesupetrsisters 2 жыл бұрын
As a side note, I'd like to make a small correction (irrelevant to the main subject). Almost no one in the 1700s (or even the 1400s when Columbus lived) believed that the Earth was flat (certainly not educated people). Ulloa took part in the French Geodesic Mission of 1735 with the goal of performing an arc measurement, measuring the length of a degree of latitude near the Equator, by which the Earth radius at the equatorial plane could be inferred. The ultimate purpose of the mission was to confirm the suspicion that the Earth is not a perfect sphere but had a greater circumference at the equator. Also, Newton was dead for more than a decade by that time. The myth about most people believing the Earth was flat during these times has been long held but in the last decade it has started to die down. It is gradually becoming common knowledge to more and more school students that even during Columbus' time no one doubted* the fact that the Earth was round**. More facts concerning the French geodesic mission which brought Ulloa to the Americas can be be accessed via a wikipedia search. * The argument between Columbus and his critics was about the size of the Earth. They correctly pointed out that assuming (by everyone,, inlcuding Columbus himself) that only an ocean lies between the westernmost point of Europe and the easternmost point of Asia, its length would be so vast that they would ran out of potable water. Lucky for him an entire unknown continent existed in his path, which saved his and his crews' life. ** In fact since at least since the Hellenistic period in antiquity all educated people knew that the Earth is spherical. Eratosthenes in 200BC(!) actually measured the circumference of the planet with surprising accuracy using a very simple and smart methodology.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thanks for clarifying, the reason I didn't research much about the purpose of the expedition is that it had such a small bearing on the subject at hand, the discovery of platinum as an element.
@Thesupetrsisters
@Thesupetrsisters 2 жыл бұрын
​@@CommodityCulture You have a point there. I guess what bugged me most was that this small part of the video unwittingly contributes to the long held belief that people thought the Earth was flat up until the time* of Columbus. In fact since at least the Hellenistic period in antiquity all educated people knew that the Earth is spherical. Eratosthenes in 200BC(!) actually measured the circumference of the planet with surprising accuracy using a very simple and smart methodology. That said, the fact that you care to interact with you audience's comments tells me that you are serious about your channel and did not just throw a quick and inaccurate narration over a hastily made video just to scrape views. I have now watched a few more of your videos and their quality is obvious. I will edit my initial comment just to provide the additional info, without the criticism. It's now unjustified as it no longer reflects my opinion on the video or your channel and I wouldn't want to take away from your effort. And especially I do not want to discourage you from making similar historical videos about elements in the future. There is not a lot of info about this subject out there and I am confident your videos will eventually get the views they deserve. I for one have now subscribed to your channel.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
@@Thesupetrsisters Thank you very much for the kind words and appreciate the subscription! I will try to be more cautious in getting everything right moving forward, though a few things will be bound to slip between the cracks.
@fiegenfiegen
@fiegenfiegen Жыл бұрын
If you did not research on the matter and ended up propagating misinformation... how are we to trust that you did research the rest of the video? Please, avoid saying things in videos unless you research them!
@derricksooEOAdvocate
@derricksooEOAdvocate 2 жыл бұрын
Platinum is common Durable metal in Rings. My 2nd Wife’s Wedding Ring was Platinum and far more $$$ than Gold and Silver.
@200fpsASH
@200fpsASH Жыл бұрын
Weld Tex and the gas shield types was all completed! Thanks
@Francis77492
@Francis77492 Жыл бұрын
Please make a video about the material they use to make space rocket
@robertguzman3113
@robertguzman3113 2 жыл бұрын
Thank you for your team_bringing history of past documents to a great present time video. Cheers to All !
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Glad you enjoyed it and happy you think there's a team, I'm a one-man show haha.
@farrukhahmad453
@farrukhahmad453 2 жыл бұрын
Anyone Need Assets Manager , Accounts And Tax Manager, Money Manager I do work with safe and Secretlly
@basedmushroom
@basedmushroom 2 жыл бұрын
How come platinum is cheaper than gold even though it's more rare? AMAZING video!
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you! I think it's because platinum has never been used as money and so is strictly for jewelry and industrial use.
@basedmushroom
@basedmushroom 2 жыл бұрын
@@CommodityCulture Interesting, I wonder if silver will rise or fall in this case because I'm pretty sure silver will not become tomorrows money, and it seems like it's becoming more of an industrial metal as time moves forward.
@CommodityCulture
@CommodityCulture 2 жыл бұрын
@@basedmushroom Silver's move to a purely industrial metal is indeed possible. From the monetary side, the game-changer would be big institutions starting to invest in physical.
@CommodityCulture
@CommodityCulture Жыл бұрын
@@steve0504 I agree, it's just a matter of time. The difficult part is knowing when.
@TheCharr1981
@TheCharr1981 Жыл бұрын
​​@@basedmushroom Gold and Silver will always be money since biblical times....Silver has been more valuable than Gold before. The reason why pure silver is way undervalued because of less implosion of manipulators for centuries due to its healing abilities for humanity and abundance of diversity. All of the Precious metals will show their truer value someday. And the people that hold pure silver or not will be shock of its intrinsic value that correlates becoming..."invaluable" Haggai 2:8 The Silver and Gold is mines said the Lord...Pure Silver is actually rare than Gold.
@empororhenkel3432
@empororhenkel3432 Жыл бұрын
One of the questions I have to ask is all the Spanish mumbo-jumbo with platinum when One of the questions I have to ask is all the Spanish mumbo-jumbo with platinum when It comes out of Africa and Russia pretty much all of it so I have to question why were talking about it in South America and you also mention that it was found in the Egyptian tombs for Burial
@rockbutcher
@rockbutcher Жыл бұрын
I've panned platinum out of the Rios Santiago and Esmereldas. Right where the Conquistadores found it.
@CommodityCulture
@CommodityCulture Жыл бұрын
Wow really? That's awesome.
@Jackson-l3r
@Jackson-l3r 8 ай бұрын
Fascinating. Maybe we will be able to produce it in a lab too. 😏 The Philosopher's Stone. In 1980, gold was successfully made by a team of scientists at the Lawrence Berkeley National Laboratory in Berkeley, California. Nuclear chemists Glenn T. Seaborg, David J. Morrissey and Walter D. Loveland used a high energy nuclear particle accelerator known as the Bevalac which transformed the metal bismuth into gold. The process is known as "Chrysopoeia".
@Jackson-l3r
@Jackson-l3r 8 ай бұрын
Then how will you value it?
@davidgold5961
@davidgold5961 8 ай бұрын
The video is informative, but it is a bit heavy on the stock footage.
@brianbushue
@brianbushue Жыл бұрын
great video
@CommodityCulture
@CommodityCulture Жыл бұрын
Thank you!
@shironoyami7002
@shironoyami7002 8 ай бұрын
Can you please explain ;is it due to manipulation and the faith in golds that has been found and used over Thousands of years earlier that has caused the platinum's value to be reduced to factory uses and not in jewelry trends?
@goldcic
@goldcic Жыл бұрын
Platinum broke the $2000 barrier when gold came close but failed to do so after the Oct 1998 economic disaster. Palladium was as low as $175 a troy oz. Events in S. Africa caused auto makers to use more palladium in the converters than platinum. This was why the US Pt. z coin was $100 rather than the $50 assigned to gold & Platinum Credit Cards exceeded Gold cards during that era. This info came from my older brothers & father as I wasn't born yet. 😂
@CommodityCulture
@CommodityCulture Жыл бұрын
Very interesting insights, thanks!
@ayakashimoda4100
@ayakashimoda4100 2 жыл бұрын
Awesome video 👏🏻😎✨ I like it so much 😎👍⭐️⭐️⭐️
@CommodityCulture
@CommodityCulture 2 жыл бұрын
Thank you my biggest supporter!
@dogyerf21
@dogyerf21 Жыл бұрын
Never heard of this “eye Ron” you speak of.
@MattMajcan
@MattMajcan 5 ай бұрын
i find it fascinating how platinum is more rare and valuable than gold yet its popularity is virtually zero
@CommodityCulture
@CommodityCulture 5 ай бұрын
It's more rare but value is determined by the market. However I think there could definitely be an investment opportunity in platinum.
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