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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (59099)	5/12/1999
From: ForYourEyesOnly	Read Replies (1) of 132070

I think I like that "story". I am highly intrigued by the potentially "untenable" Pd situation. Consumption went from 80 tons in 1981 to 223 tons in 1998. Russian shipments were stable in the 1980's at around 50 tons. They ramped that to a peak of 170 tons to support the higher demand. But their shipments were down to 143t in 1998......what will happen if they slowly go back down to the double digits? We could have an intense "crisis" here. Sure they could try to switch to Pt, but Pt is also tight. An extra 50 or 100 tons of Pt is not to be found. What are your present/future plans for Pt/Pd investment? I have Pt futures positions, and was shaken out of Pd the last time it tanked. Thinking of buying Pd today........ Thanks! THC

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