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Re: RonnieD post# 23

Thursday, 04/23/2009 1:19:29 PM

Thursday, April 23, 2009 1:19:29 PM

Post# of 27
You bring up a really good point. Unlike, say, gold, platinum and palladium are both extremely useful industrial metals; if their value starts being arbitrarily defined by investors with no sense of their supply/demand characteristics, it could be very bad for everyone involved.

If these two take off in the states, I wonder if we'll start to see more precious metal ETFs emerge. Can you imagine a Rhodium ETF? Yeesh.

Thanks for the tip about Anooraq! And glad you enjoyed the article. :)