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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (37150)	8/12/2003 4:15:50 PM
From: KyrosL	Respond to of 74559

Pd is much cheaper and has many of the same properties as platinum. Platinum is used in jewelry much more though. It's a matter of value. I always try to buy low and Pd is selling right now for below NA production costs (which are more than $250/oz). The companies that produce it outside Russia stay afloat because they have presold a lot of their production at double current prices when Pd climbed to $1000 a few years ago. Even at double its current price Pd should be the metal of choise for catalytic converters for cars, for example.