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Everything always reverts to the mean...

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Pro-Life Member Profile Pro-Life Member Level 
Wednesday, October 29, 2008 3:52:12 PM
Re: None Post # of 64 
Everything always reverts to the mean...

Meaning this - there has always been a historical price difference between the price of platinum and palladium. The mean price ratio is the normal difference between those prices. I do not have the exact numbers now, however, today's price action does a lot bring back into balance the difference in price between the two. In other words, the gap in the price is narrowing back to normal.

Platinum 808.00 -17.00
Palladium 193.00 +16.00


* The novelist George Eliot once said that "it is never too late to become what you might have been." That quote inspires me to seek those investments in the future that I didn't in the past.

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