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November 15, 2006
Should it be Plat or Pall or Nil?, Wed., Nov. 15, 2006, 8:29 AM
Merrill Lynch is forecasting 1H07 prices for Platinum and Palladium of $1000 and $300, which are considerably below the current prices (~$1200 and ~$300 respectively).
Download Nov 14 ML report on Plat and Pall.
This Nov 14 report by ML shows continued strong growth in Platinum demand, but a continued over-supply in Palladium. As I read this data, the jewellery industry seems to be moving towards Platinum and away from Palladium.
Posted by Posted by Bill Cara on November 15, 2006 08:29:36 AM | Category: Bullion
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