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MUSHROOMKING

03/03/08 2:09 AM

#9091 RE: mick #9081

I thought that the story on platinum and gold was interesting so I just put in the site. ( had to get to work and that is why I'm late responding back)

In his latest "Basic Points" report, BMO Commodity Portfolio Strategist Don Coxe declared "platinum is the current commodity star" as prices have soared due to South African power failures.

"Ominously, the South African government's repeated failures to implement a program of strengthening the state-owned electricity system mean that such production cutbacks will last for years. At some point, the catalytic converter in a scrapped car could be worth more than the rest of the wreck," Coxe asserted.