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osoab
13th March 2012, 12:35 PM
Pt is back on top today. :o
Neuro
13th March 2012, 01:19 PM
Pt is back on top today. :o

Very sneaky! However it is a good thing for PM's in general if the PGM's lead the way. Usually it means that the Bull market will continue a while...
Sparky
13th March 2012, 02:23 PM
Good eye, osoab.
osoab
13th March 2012, 06:50 PM
Best ratio chart I could find.

So, are we looking at the bottom in the ratio?

http://www.goldsheetlinks.com/spread.gif

http://www.finviz.com/fut_chart.ashx?t=GC&cot=088691&p=d1

http://www.finviz.com/fut_chart.ashx?t=PL&cot=076651&p=d1
Silver Rocket Bitches!
13th March 2012, 07:03 PM
Clearly this is an indication that the economy is turning around since platinum only does well when cars sell well and people are buying platinum jewelry. ::)
ximmy
13th March 2012, 07:05 PM
Clearly this is an indication that the economy is turning around since platinum only does well when cars sell well and people are buying platinum jewelry. ::)

I concur... all is well... stable, strong trees with good roots... lots of green grass to look forward too
Neuro
13th March 2012, 11:28 PM
Clearly this is an indication that the economy is turning around since platinum only does well when cars sell well and people are buying platinum jewelry. ::)

Don't forget ammunition industry...
osoab
20th March 2012, 09:27 AM
Pt below Au today? Why is Pt getting smashed?
gunDriller
20th March 2012, 03:04 PM
Don't forget ammunition industry...

http://www.winchester.com/products/handgun-ammunition/supreme/platinum-tip-hollow-point/Pages/default.aspx

had to look that one up.

why do they use Platinum in bullets ?

http://www.winchester.com/SiteCollectionImages/products/handgun/PTHP.jpg
Neuro
20th March 2012, 04:30 PM
http://www.winchester.com/products/handgun-ammunition/supreme/platinum-tip-hollow-point/Pages/default.aspx

had to look that one up.

why do they use Platinum in bullets ?

http://www.winchester.com/SiteCollectionImages/products/handgun/PTHP.jpg
Actually I didn't know about that. What I remember is that it is used as a catalyzator in making explosives and gun powder... But for bullets they may use it because it is both hard and heavy, piercing armour etc.
osoab
24th April 2012, 04:19 PM
Now at about 100 dollar spread the opposite way.

Anyone know what is up with Pt? Pd has been languishing too.

For posterity Au @ 1641, Ag @ 30.78, Pt @1544, Pd @ 644

http://www.kitconet.com/images/sp_en_6.gif