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Post by unlawflcombatnt on Dec 12, 2008 2:04:45 GMT -6
The price of Gold is now intermittently higher than Platinum. As of this writing, Gold is at $813/ounce, while Platinum is at $812/ounce. At it's peak, Platinum was over $2,200/ounce, while Gold maxed at a little over $1,000/ounce.
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Post by graybeard on Dec 12, 2008 8:45:08 GMT -6
When you're not selling cars, you don't need platinum for catalytic converters.
I'm still puzzled why gold is following the stock market in the last few months. If there were any correlation, I would expect it to be opposite, i.e., people selling stocks and buying gold with the proceeds.
GB
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