Russians finally got their chit together on something and are trickling out their palladium making tremendous profits, knowing they control the market,....Opec must be green with envy. My guess is this will continue for another year at least,...ramping up production in existing mines and commissioning new mines just can't run on new economy time lines,...zipfffff, here today, gone tomorrow. Must be really pi$$ing off all those generation bubbleonians with their big sport utilities PGM containing machines. Just replaced the catalytic convertor on my 1985 chevette bomber,...cost $150, apparently it only has a couple grams of PGM's in it. Asked the guy what one of the big SUV's cost to replace and he said they were special orders presently,...over $1500, most of which was the half ounce plus of PGM's in them ;-)))
Bids building on the SUF,...going to break soon,...which way will she go?? |