Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (33959)	5/19/2003 12:15:18 PM
From: KyrosL	Read Replies (1) of 74559

I am buying the metal. My understanding is that SWC's production costs are considerably more than the price of the metal right now -- they stay in business strictly because they have presold some of their production at more than double current prices a number of years into the future. In addition to jewelry, palladium can completely substitute platinum in catalytic converters (you just need 25% more), and has some exciting potential for use in fuel cells. Russia is the main producer right now.

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