RE: Re: Palladium prices

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From: Joachim (joachim@microdsi.net)
Date: 02/17/00-09:08:01 PM Z


Remember when silver went from $5.00 to several multiples of the basic
price? It went down again. The metal business is a lot like chicken
ladders. (I was in that business for a few months in 1946; it was the only
job I ever quit that paid well). Don't worry. So long as there is no true
shortage things will settle down. Besides, the consumer price is dependent
on many factors besides the raw metal price. Joachim

> -----Original Message-----
> From: James Romeo [mailto:jromeo@iopener.net]
> Sent: Thursday, February 17, 2000 7:29 PM
> To: alt-photo-process-l@sask.usask.ca
> Subject: RE: Re: Palladium prices
>
>
> It looks bad. Is my palladium days nearing a end ? I love it but
> on my budget it looks bad. I satrted with gum many years ago
> maybe I should go back in time. I am very interested in bromoil
> and I am about to give it a try.I sell my work but my income is a
> fixed income. We will see. James Romeo
> -----Original Message-----
>
> From: alt-photo-process-l@sask.usask.ca
> To: alt-photo-process-l@sask.usask.ca
> Subject: Re: Palladium prices
> Date: Thu, 17 Feb 2000 17:01:36 -0500 (EST)
>
> Palladium is at an all time high of $735/t.oz. up from $400/t.oz. in
> November. Some analysts predict it may go up to $1000/t.oz.
> Platinum has
> gone up to but not so dramitically. Primary reason is the Russians, who
> supply 80% of the worlds Palladium, have suspended shipments and
> demand has
> gone up. No telling when this will revert.
>
> Lisa Bergman
> First Reaction
>
>


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