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View Full Version : Jack Lifton on why Rhodium and Pt crashed



midiman
08-16-2011, 03:28 PM
Have a read of this article and make up your mind.

Bear in mind that all metals crashed around the same time.

But both Rh and PT went down with some of the car giants.

http://www.resourceinvestor.com/News/2008/8/Pages/Can-One-Man-s-Actions-Take--6-Billion-In-Value-Out.aspx

Element
08-16-2011, 08:10 PM
Thanks..
Dated but interesting..
I would like to get a handle on the "emerging market" manufactures.
E

midiman
08-17-2011, 03:18 AM
Yes but it was written around the time of the crash.

So did one persons action cause Rh and PT to dive.

If it did it clearly shows how easily the markets can be swayed by the auto manufacturers for PT and RH.

So based on the poor automotive results and the current price of PT and RH.
Think about where PT and RH could be if and when things pick up.

Like Jack says a bit of insider info could help. Info like stock levels or forthcoming buys would help us to get a better picture of Rh.