Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Dan, that PM hedge I suggested a little while back (about two months ago) is already stating to work, Pt is up only 3.4% but Pd is up 32%, the Rh side is still more or less even at up 2.3%. I think it should be left in place, at least until Pd reaches $250 or so. The Rh/Pt hedge may take more than a year to come to fruition, but that should be expected.