SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (104001)5/22/2001 3:36:34 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
true, demand WILL likely soften some more near term. but the longer term outlook stays intact imo...they've been touting substitutes ever since platinum briefly traded above 600 in the late '80s... and nothing has materialized. imo price elasticity of demand is virtually non-existent in the pgm's (in fact only in dentistry is it more pronounced).

PAL is attractive because it is ramping production, and that makes quite a difference since it's such a small producer. of course it also happens to be one of the only two pgm producers outside of SA and Russia....there aren't exactly a lot of investment choices in the sector.