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Gold/Mining/Energy : Platinum Group Metals (PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: Ptaskmaster who wrote (178)	11/17/1999 10:38:00 PM
From: Just G	Read Replies (2) \| Respond to of 529

Thanks Ptask, interesting readings. Regards G

To: Ptaskmaster who wrote (178)	12/15/1999 12:13:00 PM
From: Ptaskmaster	Read Replies (1) \| Respond to of 529

Perceived scarcity.--- Asia Precious Metals Review: Palladium surges on short-covering Tokyo--Dec 15--Spot palladium expanded overnight gains Wednesday in Asia on short-covering and speculative buying on the Tokyo Commodity Exchange, where some contracts hit a daily price limit-up or ceiling, dealers said. Platinum was supported by palladium, but some profit-taking kept prices from further rallying in Asia. Gold continued to hover around US $280 per ounce on too few fresh incentives, while silver failed to rally in Asia despite the overnight rally in the US market. (Story .2200) Not much left?--- Russian upper house to consider resumption of platinum exports Moscow--Dec 14--The upper house of the Russian parliament will consider on Dec 22 a legislative amendment which would allow the export of platinum and other precious metals to resume, an official with the house's budget committee said Tuesday. The lower house, or Duma, approved the amendment on Dec 1. Platinum exports were suspended in May due to an irregularity in the law. (Story .13249) Want highest prices for what there is.--- Russian Norilsk, CBR combine policy to keep PGM prices high Moscow--Dec 14--Norilsk Nickel and the Central Bank of Russia (CBR), the two largest exporters of platinum and palladium in the country have reached an "understanding on ways to influence the world market in order to achieve high prices," Chairman of Norilsk Nickel's board of directors Yury Kotlyar said today. However, Kotlyar said there would be no delay in PGM exports next year as the government desperately needs the money. (Story .13446) While demand increases.-- Rising car sales in Europe seen fueling palladium price hikes London--Dec 14--The all-time highs in the spot palladium market were being partly fuelled by increasing demand from car makers, according to market analyst Ross Norman of Precious Metals Research. (Story .16487) All: Bridge News crbindex.com