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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

Dec 1 4:00 PM EST

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To: IngotWeTrust who wrote (42786)	10/12/1999 2:27:00 PM
From: ali	Read Replies (1) of 116790

Hi ole 49er, <You are entirely correct in my opinion, Robert. Platinum's limited usage in catalytic converters, coinage and jewellery will not permit Platinums lofty $100 premium to POG> Where have you been in the last few years? platinum has changed its importance in the high tech industry and is even changing more with the use in batteries.To compare the the price relationship of gold to platinum is just as outdated as that of gold to silver.The high tech use of platinum and silver has just began and an end is not in sight yet.Paladium is used in converters,not platinum as you stated as it was price advantaged,although the difference is not that great lately. Without platinum your computer would not have a hard drive and how many computers were built the last 5 years? To have a machine which can sort the platinum out from sand is great if it works and there is platinum in the sand.Maybe you could demonstrate your platinum machine to these people who are trying desperately to get platinum from desert sand.

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