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Platinum prices hit 25-year high

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Platinum prices hit 25-year high

Unread postby Wildwell » Sun 13 Nov 2005, 13:09:07

Platinum prices have hit highs not seen for more than 25 years, driven by growing demand for the metal in cleaning car exhausts.

Prices have risen nearly 130% over the past four years and now stand at more than $950 per troy ounce.

http://news.bbc.co.uk/1/hi/business/4424334.stm
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Re: Platinum prices hit 25-year high

Unread postby AmericanEmpire » Sun 13 Nov 2005, 17:11:45

But the economists on TV say everything is gonna be all right. Inflation is in check. :lol:
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Re: Platinum prices hit 25-year high

Unread postby OilsNotWell » Tue 15 Nov 2005, 03:51:25

And a key ingedient in hydrogen fool cells, if I am not mistaken, which manufacturers will leap to in a thoughtless knee-jerk reaction before they realize they will not be a solution to the underlying problem.
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Re: Platinum prices hit 25-year high

Unread postby frankthetank » Tue 15 Nov 2005, 13:24:14

If its recycleable then we'll be drowning in the stuff in a few years.
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