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<p>[QUOTE=&quot;Hobo, post: 463039, member: 11521&quot;]Platinum and palladium are used in catalytic converters and the Big 3 US auto makers are major purchasers of catalytic converters to be used in the vehicles they make. However, even if the Big 3 shut down operations tomorrow and never made another vehicle the demand for catalytic converters (and the precious metals used in them) would remain (although probably with a momentary blip). Drivers will continue to need new vehicles whether the Big 3 auto makers are still around or not. If the Big 3 close operations other auto makers will step up and fill the void - and buy catalytic converters for those additional vehicles they will make.[/QUOTE]</p><p><br /></p>

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