Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: pater tenebrarum who wrote (104035)	5/22/2001 3:38:58 PM
From: yard_man	Read Replies (2) \| Respond to of 436258

another one ... maybe the rally is not done for a little while yet. I see bonds just went negative, too biz.yahoo.com thanks for the discussion -- I think even at lower prices PAL makes a lot of money, but they have some kind of collar if I read correct ...

To: pater tenebrarum who wrote (104035)	5/24/2001 1:34:40 AM
From: craig crawford	Read Replies (1) \| Respond to of 436258

>> they've been touting substitutes ever since platinum briefly traded above 600 in the late '80s... and nothing has materialized << I'm not sure what substitutes you are referring to, but they are coming for catalytic convertors. >> imo price elasticity of demand is virtually non-existent in the pgm's (in fact only in dentistry is it more pronounced). << There is lots of substituting taking place depending on which PGM is more expensive. Palladium used to be cheaper so it was used more. When it skyrocketed to $1100/oz there was quite a bit of substituting, some back into platinum, and some into gold and other base metals. Now with automotive catalysts they have to have both in varying ratios. In other industrial use like electronics you can have some substitution into base metals or gold for instance. (not without a trade-off however, which is usually reliability)