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<p>[QUOTE="desertgem, post: 1132346, member: 15199"]To answer your question, not as I can see. However, I do not agree with the cause and effects on platinum and palladium that you indicate. For palladium, the high of the last 30 days was 862 on 2/18 and then began a drop to 687 on 3/16. Since then a nice move up to 731 at close. Platinum follows a very similar pattern, high was 1869 on 2/8, fell to 1658 on 3/16 and then a strong up to 1723 at close. Automotive manufacturing of parts has become so worldwide, with catalytic converters being widely manufactured in Korea, India, and China, It is possible that many are looking for an increase in auto manufacturing ( or at least catalytic converters ) now. I have no interest either way on either of these metals, but if I did, I would wait a while to see if the curve up stands before investing, but if one waits too long, they are looking at a lesser profit, so research and decision would be imperative.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1132346, member: 15199"]To answer your question, not as I can see. However, I do not agree with the cause and effects on platinum and palladium that you indicate. For palladium, the high of the last 30 days was 862 on 2/18 and then began a drop to 687 on 3/16. Since then a nice move up to 731 at close. Platinum follows a very similar pattern, high was 1869 on 2/8, fell to 1658 on 3/16 and then a strong up to 1723 at close. Automotive manufacturing of parts has become so worldwide, with catalytic converters being widely manufactured in Korea, India, and China, It is possible that many are looking for an increase in auto manufacturing ( or at least catalytic converters ) now. I have no interest either way on either of these metals, but if I did, I would wait a while to see if the curve up stands before investing, but if one waits too long, they are looking at a lesser profit, so research and decision would be imperative. Jim[/QUOTE]
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