Thanks for the update. More importantly, do you have a cheap source
for palladium in Montana? Does Stillwater have a store? ;)
Diana
On May 30, 2008, at 11:32 AM, Christina Z. Anderson wrote:
Oh no,
I'm back after being gone on a trip to a stack of newspapers that I
just finished going through. On Thursday's paper in the editorial
column it says "State strikes gold with palladium coin".
Apparently there is a bill before congress to mint a 1907 coin out
of palladium instead of gold as it was originally. It has to be
mined out of American palladium. Did you know that the only
American palladium mine is in Montana? Stillwater Mine near Nye
MT. So this bill, if passed, will be a "goldmine" for MT but put
even more demand on palladium for us alters.
It says in the article that palladium is $430 a troy ounce, platinum
is $1300 and gold $900.
Most of the palladium goes into our catalytic converters in our
cars...
Little factoids to wake you people up this morning!!
Chris
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Christina Z. Anderson/CZAphotography.com
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