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

To: elmatador who wrote (24014)	10/13/2007 12:54:18 AM
From: TobagoJack	Respond to of 217764

yes, and in the meantime, platinum rises 9% per annum, marking time, waiting for the moment, to at some point make an outrageous step-up, while new avenues explored and solutions devised, even as 2.7 billion folks step up to wear platinum as trinkets

To: elmatador who wrote (24014)	10/13/2007 1:36:00 AM
From: energyplay	Read Replies (1) \| Respond to of 217764

Platinum has been up for a LONG time, and extensive efforts have been made to replace it. Palladium is a partial contender, but it is not cheap or easily available either. So Platinum still has industrial demand at $1,400. One problem with gold : It hit $800 a many years ago, which drove some very aggressive efforts to reduce gold consumption. Printed circuit board edge connectors went from using 5 microns of gold to a barely 1 micron "gold flash". Telephone companies that served communities with in a few miles of the humid, saltwater, Gulf of Mexico found they had to get their consumer phones and connectors made to a slightly higher standard of 2 or 3 microns to avoid reliability issues due to corrosion. The rest of their service area was ok with the gold flash. So industrial uses of gold have been minimized, and the gold price is dominated by jewelry, security and quasi-monetary uses. Gold recycling is well established. More and more gold mines are being established, as exploration geochemistry and geophysics gets better, mining trucks larger, and the gold price higher. The other thing : Ever heard of a platinum bug ? Lots of gold bugs, and some day they (or their heirs) will say "Ah-ha! I was right !" and start selling... Also, the Bank of England doesn't have a bunch of Platinum for Gordon Brown to sell ;-)