The platinum market is just too small. China has $3.7 trillion of foreign exchange reserves. To keep 1 percent by value in platinum, at $1,000 an ounce, would need 37 million ounces of platinum, which is six years' mine supply, to get 0.1 percent, you'd only need to buy two-thirds of a year's mine supply, but why would you want to hold 0.1 percent of your reserves in platinum? What use would that be to anyone?

Matthew Turner

Matthew Turner, a Liverpool physician, is considered to be the author or co-author of the 1782 pamphlet, Answer to Dr. Priestley's Letters to a Philosophical Unbeliever, the first published work of avowed atheism in Britain. Turner was also a pioneer in the use of ether for medical purposes, and wrote a pamphlet on the subject. In a footnote, Turner was the man who introduced Josiah Wedgwood to Thomas Bentley in Liverpool, a friendship which led to the formation of the company that produced the famous pottery. Turner was a friend of Peter Perez Burdett and his scientific knowledge was referred to Joseph Wright of Derby when he constructed his painting of The Alchemist Discovering Phosphorus in 1771 which is now in Derby Museum and Art Gallery.

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