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<p>[QUOTE=&quot;jaceravone, post: 462963, member: 9474&quot;]As many of us know, both platinum and palladium are both used extensively in the automotive industry in the manufacturing process of catalytic converters.&nbsp; With the recent talk of the automotive industry to be included in the 700B financial bailout by the government, the prices for both platinum and palladium are dropping fast.&nbsp; If we see the big 3 car manufacturers go out of business (which I personally believe will not happen), we could really see the bottom drop out from these metals. At the close of todays markets, there was nearly a $80 difference between an ounce of gold and an ounce of platinum.&nbsp; Platinum is down well near 60% for the year and palladium nearly the same.&nbsp;&nbsp; With the demand of both platinum and palladium dwindling, so will the value do the same.&nbsp; Why would anyone continue to buy a coin that is made from a precious metal that continues to drop in value.&nbsp; I don&#039;t think the mint will stop making platinum coins, but I also believe that the prices we pay today (even at the mints newly adjusted prices) will not be close to what the value of the metal is tomorrow.&nbsp; Just sitting here pondering the market and mostly just typing out loud! Comments welcome. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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