This post was in "jest", but of course it is positive... it means that France and the US are buddies again (g).
By the way last July (#msg-1230445) I proposed a long term hedge in the PT group when Platinum was trading at $686, Rhodium at $440 and Pd at $166, I suggested shorting Pt and buying Rh o a combination of Rh and Pd, that hedge is working perfectly, with Pt up only 33%, while rhodium is up 74% (yesterday it was up 82% vs pt up 34.5%) and Pd is up 61%. If any one did this hedge, I think it will become even better, particularly the Rh part. The Pd part is more or less well priced, so you may want to take that on off. For RH, I would wait at least until Rh comes to parity with Pt, maybe even a 20% premium and we are a long way there.
Oh, as for silver, I was wrong, it was "sterile" only until about November, then together with the whole commodities group it took off...(but not as much as Rhodium did...)
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