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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (24553)	11/22/2009 9:10:01 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 71479

30% up from here? resistence is futile? kitco.com

To: Real Man who wrote (24553)	11/22/2009 9:33:35 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 71479

in the 1997-98 time period pd jumped to 1100/oz on the london fix. and this story from the time period, illustrates the set up for the jump.... other than that.. as a rule, pd has a miserable track record in the last decades for holding price above current levels per se. so... is there potential for a move from here to 600 say, or to 1000 eventually? and under what circumstances? as a money unit? as a product of russian roulette? Platinum, palladium and rhodium in 1998 Engineering and Mining Journal, Apr 1999 by Christian, Jeffrey M 12345678910Next ..The activity of the platinum group metals (PGMs) in 1998 showed everyone just how sensitive these markets are to shifts in the supply and demand balance. Although the metals share many similar characteristics, the price of platinum reached a multi-year low last year while palladium touched an all-time high. This seeming contradiction is indicative of how quickly things can change in these markets and how economic and fundamental factors affect the markets differently. Related Results Theragenics Corporation® Appoints Frank J. Tarallo Chief Financial... North American Palladium Fourth Quarter 1998/Year End Results Borberg - Arnold An evaluation of the environmental and health effects of vehicle exhaust... The reason for this disparity in the behavior of platinum and palladium prices lies in the fact that both technical and fundamental forces have been at work in these markets. On the one hand, commodity prices in general suffered in 1998. Not only metals prices, such as gold, silver, copper, lead, zinc, and nickel, but the prices of other commodities have languished as well. In turn, platinum and palladium were pushed lower at times by technical traders at banks and brokerages, who used the general sectoral weakness to sell platinum and palladium short. On the other side of the coin, however, are the fundamentals of these markets. The most significant factor affecting PGMs was the interruptions in Russian exports of these metals in 19971998, and as it appears now, in 1999. Russian exports were delayed for the first 8.5 mo of 1998 due to political infighting within the Russian government. Although some metal was sold into the spot market, sales did not resume under 1998 sales contracts until the middle of September 1998.