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: Pogeu Mahone who wrote (257921)	8/28/2003 10:59:22 AM
From: zonder	Read Replies (2) \| Respond to of 436258

You are a little worm, trying to feel big by launching unsolicited attacks on people exchanging information in a civil manner, hmm? Here, little worm, read and learn: By the way, next time, do your own homework before you launch off into another of your petty attacks. But in 1997, the Russians shocked the market by holding up palladium shipments. Outsiders could only speculate on what motivated the move: perhaps internal political or bureaucratic wrangling, or maybe a conscious effort to cause a panic -- and higher prices. Whatever lay behind it, the disruption resulted by early 1998 in a price surge to the previously unheard of level of $350 an ounce. Palladium prices jumped again in 1999, amid uncertainty about Russian shipments. Anxiety deepened when President Yeltsin resigned in December 1999. By spring 2000, the major metals exchange in Tokyo temporarily froze skyrocketing palladium at $700 an ounce. Worried by these developments, Ford's top managers in 2000 approved a proposal from the purchasing staff to begin stockpiling palladium and lining up long-term supply contracts, even though prices were at record highs. econ.ucsc.edu