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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 8bits who wrote (24005)	10/12/2007 8:08:16 PM
From: energyplay	Read Replies (1) \| Respond to of 217745

The number use of Pt in cat converters is a problem. As oil prices go hirer, cars will have smaller and more efficent engines, which will mean smaller cat converters. That will free up considerable Pt for new cat converters for new cars in emerging areas. I expect there will net be a little more supply than expected, until in about 4-8 years most of the big double cat converter SUVs have been recycled. Platinum has many other high priced industrial and scientific uses. Very much on the plus side, Platinum is rarely used as a currency reserve like gold and silver are. Currently, there is no way to economically mine disseminated Pt deposits, like cyanide heap leaching does for gold. There don't seem to be very many disseminated Pt deposits anyway. Gold and Silver tend to be by products of copper, zinc and lead mining, and other types of mining. Although there is some Pt associated with Nickel deposits, nickel mining is not as big an enterprise as copper or lead. If we look at gold vs. the Euro over the past two years, we see that gold has been flat except for the past two months. Platinum has made some upward progress, even in Euro terms. If we were Europeans looking to protect ourselves from currency debasement, our options might be limited to Platinum and Oil. All this being said, I don't yet have enough Platinum.

To: 8bits who wrote (24005)	10/12/2007 8:13:12 PM
From: TobagoJack	Read Replies (4) \| Respond to of 217745

8bits, from the date of the nyt article in 1991, when nissan made their pitch, when platinum was at $376.70, down 20, it now sits at 1,415, gaining 9% per annum since, without fuss and minus the hassles so, we should instead be adding to platinum, but only if the actual platinum coins were verifiably available to real people - they have been unavailable in hk for 7+ years now given its very unique properties and genuinely limited stock (not as if the earth is getting more massive, and besides, space colonization will probably require the use of lots of platinum), the metal must be meant for greater purpose, in a biblical sense of 'greater', say some geewhizbanohwhoawee energy application, for example, or knockthemsocksoff medical use, for instance if / when so, why not platinum at 14,000 an ounce? or, should the true imperative arise, 140,000 a gram, in 1991 purchasing power parity dollars indexed to lifestyle? it is less likely that gold has same potential for outofthebluethunderbolt gain liquidating platinum can only be based on premise that an alternative use of the funds thus liberated will be found, engaged with, and not making losses on; typically a bad bet and poor wager, especially for excess savings and surplus capital that ought to be treasured, nursed, and shined every so often, as often as possible. on the fundamental side, a few million tail pipes endlessly recycled on 60 months schedule is only so much demand going round and round, whereas india's taste for platinum jewelry is on track to match same in china and japan, and jewelry in some parts of india and china tend not to be recycled for several generations. also, diesel tailpipe regulations, newly mandated everywhere with various launch date, require ... you know what, and the knowhow is different than gas powered tailpipes; if so, and as energy costs rise ... also, fuel cell ... harddrive coating ... consider the possibilities recommendation: buyplatinum on weakness should it ever show up as weakness. chugs, tj