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To: ForYourEyesOnly who wrote (275114)1/25/2004 10:24:53 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
You did not ask me but I am going to butt my ass in here anyway.

Palladium and platinum are both used in catalytic converters. However there is a cost associated with switching from one to the other. Ford got stuck with huge amounts of palladium right at the peak. Lost billions as everyone started switching ove r to platinum.

Palladium is aactully more rare that platinum if my understanding is correct. There does seem to be a switch back towards palladium vs platinum for industrial uses.

The problem is (for most people) the palladium contract is a huge one, being on the wrong side can be very costly, it is an illiquid market, and there are no options on it.

If you have deep pockets Palladium looks like a buy otherwise I am not so sure. I would buy a palladium option right now but there is no such thing so I watch.

Good luck

M