Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

GPGI 23.57

-2.9%

Jan 30 9:30 AM EST

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To: Zeev Hed who wrote (1655)	2/13/1997 7:18:00 PM
From: Richard Mazzarella	of 14226

Zeev, GPGI hasn't put much pressure on the price of PGMs yet. It will take a while for the production levels to build to a point where price is effected. As the supply increases and price does decline, I suspect that previously unaffordable applications will slow the price decline. We have been through many of those before so I won't belabor the point. IMO you and I will long be dead before our desert dirts change the price of precious metals significantly. That however doesn't mean that our stocks can't anticipate that wondrous day though. Elasticity? That's Young's modulus.

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