For an Ounce of Gold and $75 You Can Get an Ounce of Platinum!

itsnotjustme

Very low price spread for these metals. Perhaps the economic slowdown driven auto production way down. (What happens as more electric cars come out?)

66Tbird

Isn't summer coming up in the mining territories? I read the power grid is still a little weak. Production could stop again.

Deadhorse

<< <i>Very low price spread for these metals. >>



I'd take that deal for 25 ounces right now.

Just one problem, well maybe more than one.

First the premium spreads come into play and it's very difficult to locate 25 ounces of platinum in one spot.

I've got the gold, but if I had the platinum, I wouldn't do it.

FullStrike

On a brighter note - for an ounce of Platinum you can get an ounce of Gold AND a large Starbucks Coffee. And maybe someone would throw in a free Cookie - or something.

rube26105

*** urgent message for Mr. Osama(Twin Towers) Bin Laden : I have a free WTC "Death Coin" Set for you. Please reply with your shipping address. For the safety of your Coins they will be hand delivered by Armed Agents of the CIA Courier Services.

i like that

Bear

I heard that they are going to replace the Platinum

in Catalytic Converters with Plutonium. That should give

the old girl a boost in power.

Deadhorse

<< <i>I heard that they are going to replace the Platinum

in Catalytic Converters with Plutonium. That should give

the old girl a boost in power. >>




You may have swerved into the truth more than you realize.

Industrial scrubbers are now being manufactured using other metals than platinum to save money.

This technology is working it's way down to catalytic converters as well.

Industrial platinum usage has been dropping and is expected to drop even more in the future.

Actually, catalytic converters don't due anything in cleaning the exaust in modern cars, but it was feel-good legislation from a liberal Congress.

Better to do something, regardless of added costs, than to do nothing in the wake of enviro scare mongers.

The first thing I have done to every vehichle I have purchased over the last 20+ years is to either replace the entire exaust system or at the very least, gut the cats.

Now they have made such things illegal in my state, talk about controlling the sheeple. No shop is allowed to modify an exaust system even if you want to replace the cats in the process. This nonsense outraged me so much, I began doing it myself. Had to learn to weld, not that thats not a good thing to know.

Improved performance and milage and I pass all exaust inspection tests they can throw at me with ease.

We have some of the toughest tests in the nation, living in a huge metro area.

Plutonium eh? Not sure what sort of a blast of power one would get, but I suppose it could have a dramatic effect in some ways.

It could convert a massively populated urban area into a sparsely populated urban area over several years.