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Gold/Mining/Energy : Platinum $2,000 & Palladium $800 ?? -- Ignore unavailable to you. Want to Upgrade?


To: WWS who wrote (88)2/10/1999 11:30:00 PM
From: WWS  Respond to of 187
 
Tonight's Nightly Business Report (PBS) featured an interview by Paul Kangas of the Chicago Bureau Chief of Bridge News. After indicating that recent bond weakness took away some of their glitter as a hedge against declining stock prices, he was asked by Paul "where is the investor to look now?" His answer COMMODITIES, particularly METALS. He specified copper and aluminum and, when Paul asked "and gold too", his answer was "Yes".



To: WWS who wrote (88)2/11/1999 7:43:00 AM
From: DRT  Read Replies (1) | Respond to of 187
 
2/10/99 TODAY IN PLATINUM

Platinum Market Commentary

Deutsche Bank released a report this week forecasting expectations that platinum consumption will increase by 1.9% to around 5.65 million ounces in 1999. In a Reuters report quoting from the bank's 1999 Metals Outlook, Deutsche believes that Japan's period of inventory adjustment should be winding to a close and the country should actually see platinum demand growth this year. "Moreover," said the report, "with demand set to recover and with the likelihood that Russian exports will fall back from recent high levels, the market looks set to record ongoing deficits for some time to come. In turn this should underpin falling stocks and rising prices. In contrast to most other metals, the risks for the platinum market over the medium term remain firmly on the upside."

DRT