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

To: energyplay who wrote (24006)	10/24/2007 3:47:32 AM
From: 8bits	Read Replies (1) \| Respond to of 217749

Platinum has many other high priced industrial and scientific uses. True.. it has broader applications than Palladium and has a much greater cachet as jewelry/investment item. It's also more durable (less brittle, important for jewelry fabrication) and melts at a higher temperature than Palladium (important for industrial uses). Found this article on diesel catalysts: "Nanostellar, described as a leader in nano-engineered catalyst materials, introduced gold as an oxidation catalyst in diesel emissions technology for the first time in April this year. It announced a gold or tri-metal catalyst (platinum, palladium, gold) that enables manufacturers of light- and heavy-duty diesel engines to reduce harmful emissions up to 40% more than existing platinum-palladium catalysts at equal cost Its first generation product, based on a platinum and palladium alloy, introduced in 2006, achieved a 25-30% higher performance than commercial pure platinum catalysts. And the second generation product, the gold containing catalyst, delivers a further 15-20% increase in performance. Platinum is the most expensive component of the diesel oxidation catalysts required to meet the new, stringent emissions regulations for light-duty and heavy-duty diesel vehicles produced worldwide. " Very much on the plus side, Platinum is rarely used as a currency reserve like gold and silver are. Yes a very good point. There are still many tons of gold sitting in the vaults of central banks waiting to be liberated when droves of people start retiring in Western Europe/US and request their government retirement.