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- - Platinum holding up much better than gold or silver (http://goldismoney.info/forums/showthread.php?t=114348)

phideaux | 02-28-2007 10:09 PM
Platinum holding up much better than gold or silver Hi All, Anyone have any ideas about why platinum has withstood the recent sell-off? It's actually up a few bucks over the last few days, while G&S have gotten whacked pretty good. http://www.kitco.com/charts/liveplatinum.html I was figuring that with all the hub-bub about China's economy slowing down, platinum would be right there in the thick of the sell-off. Do they not use platinum in Chinese cars converters? Phideaux

highroller4321 | 03-01-2007 01:52 AM
Re: Platinum holding up much better than gold or silver It wasent a sell off. It was a total drop in the majority of the markets.

phideaux | 03-01-2007 08:15 AM
Re: Platinum holding up much better than gold or silver Quote:
Originally Posted by highroller4321 (Post 525179) It wasent a sell off. It was a total drop in the majority of the markets.
Right. That's why I would like to find out why platinum was the exception. :coo_mal:

TLM | 03-01-2007 08:39 AM
Re: Platinum holding up much better than gold or silver Palladium didn't drop either. Unfortunately, I only own 1 ounce :sad_m:

mooshcook | 03-01-2007 01:10 PM
Re: Platinum holding up much better than gold or silver My guess is because it is more of an industrial metal than anything else. Just a guess. Palladium too.

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