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To: yard_man who wrote (104014)	5/22/2001 3:02:30 PM
From: steve susko	Respond to of 436258

have to do some research on that...

To: yard_man who wrote (104014)	5/22/2001 3:16:29 PM
From: Horgad	Read Replies (3) \| Respond to of 436258

I sold my platinum holdings and switched to gold earlier this year as the economy showed more and more signs of slowing down. As stated previously by another poster, the number one usage of these metals is in catalytic converters. I expect vehicle production to go down as the economy slows and platinum metal demand to go down also. Of course, inflation may keep these metals looking strong even as demand falls, but I prefer gold at this juncture. Also keep in mind that platinum metals are recycled from catalytic converters as long as the price stays high enough. So total number of vehicles owned has to go up to increase platinum metals demand. People have to own more cars per person or number of people has to increase. Also consider increasing demand for platinum jewelry might continue to support platinum price while palladium price falls...