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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Casaubon who wrote (48644)	2/9/2000 8:06:00 AM
From: long-gone	Read Replies (1) of 116764

<<Palladium is needed for catalytic converters and is in short supply. Platinum can be used but is not as good. Both reflect low supply from Russia. PLatinum futures are up 21 bucks as I type -- chooo chooo :)>> It will also be needed in the coming fuel cell technology as some say silver. Problem is(IMHO) there will be a hole in Platinum group metals demand as we transition from gasoline engines to fuel cells through the vehicles such as the new Honda which uses a diesel engine (no cat. converters can be used on diesels) to spin a generator & it to push an electric motor.

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