Platinum Group Metals Update March 14, 2008
Posted by gaussling in Business, Chemical Industry, Chemistry, Economics, Metals.4 comments
14 March, 2008. As the deepening US gravity well continues to tug at the recession asteriod that is looming ever larger in the sky, we see a steady line of investors boarding Platinum Group Metal (PGM) investment vehicles for immediate launch off this doomed planet.
Monday and friday opening EIB prices over the week of 3/10/08 thru 3/14/08.
Silver- US$19.70/toz; US$20.77/toz.
Gold- US$971.55/toz; US$1,0005.86/toz
Palladium- US$470.00/toz; US$516.00/toz
Platinum- US$1,960.00/toz; US$2,110.00/toz
The geology of PGM deposits is quite interesting. There are numerous resources detailing the Bushveld Igneous Province (or Complex) in South Africa. Check it out.
