2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.27

-0.2%

Nov 21 4:00 PM EST

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To: TobagoJack who wrote (56171)	10/10/2009 12:17:04 AM
From: RJA_	Read Replies (1) of 217981

>>it is tough to be enthusiastic about some element that i only have perhaps 10 oz of :0) Easily remedied at some opportune time, should you be so inclined. The problem with both Pd and Pt is that much of their demand (roughly half +/-) is related to the auto industry... so if the auto industry goes south, it cant help but effect demand and therefore price. So, if you think auto demand in China has nowhere to go but up... (without pause)... seems like Pd is a natural... as most of its use is for gasoline engines, although more is being used in diesel than before. If however, we hit a rough spot, a world wide decline in auto production... well then, prices might get cheaper. Right now of course, its a hard asset play against USD.

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