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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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From: aknahow9/21/2012 7:25:12 PM
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In the long run we are all dead.

Platinum is dead.

The price provides too great an incentive fo develop technologies that reduce or eliminate the need for platinum in catalytic converters.
Nanostellar's NS Gold would have reduced usage. While its' Noxicat eliminates platinum use in one application.

Granted Nanostellar's efforts may fail but the incentive is out there and challenges will come from various directions.

Nanotechnology will provide challenges using various materials. But my point is an industrial metal cannot expect demand to continue unchanged regardless of price. Big deal we all know this, except that we don't.

This does not mean that supply disruptions will not cause temporary price spikes.
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