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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Robbins who wrote (677)8/28/2000 7:19:03 PM
From: Sleeper  Read Replies (2) | Respond to of 976
 
[B] NY Precious Metals Review: Gold slips, silver up in thin trade Updated Mon 8/28/2000 16:20 EDT

By Darcy Keith, BridgeNews New York--Aug. 28

Dec palladium settled down $9.45 at $715.0, but players downplayed the
move, calling it insignificant in such a thinly-traded market.
O'Neill said palladium prices have probably peaked, and the movement
by industrial users toward using less palladium will likely ensure prices
won't climb back to these lofty levels anytime soon.
"The thinking that we're in the process of long-term topping is
becoming more and more evident with each passing day. I think platinum
will eventually go to a premium to palladium," said O'Neill.

Apparently this O'Neill, whoever he is, hasn't read Dines or the supply/demand estimates on Pd! Short seller perhaps?

Sleeper