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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (59099)	5/12/1999
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 132070

I think I like that "story". I am highly intrigued by the potentially "untenable" Pd situation. Consumption went from 80 tons in 1981 to 223 tons in 1998. Russian shipments were stable in the 1980's at around 50 tons. They ramped that to a peak of 170 tons to support the higher demand. But their shipments were down to 143t in 1998......what will happen if they slowly go back down to the double digits? We could have an intense "crisis" here. Sure they could try to switch to Pt, but Pt is also tight. An extra 50 or 100 tons of Pt is not to be found. What are your present/future plans for Pt/Pd investment? I have Pt futures positions, and was shaken out of Pd the last time it tanked. Thinking of buying Pd today........ Thanks! THC

To: Knighty Tin who wrote (59099)	5/12/1999 7:38:00 AM
From: valueminded	Read Replies (1) \| Respond to of 132070

Mike <THC, With the entire platinum complex, platinum, palladium and rhodium, more is used than is mined. End of story> Appreciate your help in the following: Where do you get your used vs mined figures ? What is the best way to invest in this complex, and are there any companies you like now in this area. A final hypothetical question, what rate (currently) would you (or anyone else) accept as a good rate of return for 5yr CD ? ie. Would you be willing to invest most of your money at 5%, 8%, 10% (Assuming you would not be allowed to touch it till the end of the 5year period also, assuming you would not need it till then) Rough ranges will do. thanks