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New York Spot Price

MARKET IS OPEN
(Will close in 1 hr. 27 mins.)
Metals
Date
Time
(EST)
Bid
Ask
Change
Low
High

GOLD
10/10/2007
12:04
742.30
743.80
+5.60
+0.76%
740.70
746.90

SILVER
10/10/2007
12:04
13.60
13.70
+0.17
+1.27%
13.53
13.75

PLATINUM
10/10/2007
11:40
1385.00
1389.00
+18.00
+1.32%
1385.00
1392.00

PALLADIUM
10/10/2007
11:40
372.00
376.00
+10.00
+2.76%
368.00
378.00

RHODIUM
10/10/2007
11:45
6,140.00
6320.00
0.00 0.00% Invest in Rhodium


USD 78.20 -0.21


PS RUTHENIUM is about same price as RHODIUM. We should be hearing more about these very precious metals with nanotechnology application expansion and PGM's evolution.

PGM market cap is now at ONE DOLLAR PER RESOURCE OUNCE IGV when most of its peers sit at 50 -100 bucks an ounce resource IGV. IMO this is RIDICULOUS and wont be sitting there for too long.

IMO further, I support Alf's and Casey's and others' views that POG is heading for around USD 850/oz short term and then 1650 for its third primary target later .... 2009 -2011 ? PGMs will probably outpace Gold cos of further critical use reasons.

I expect PGM to come into increasing view to precious metals industry backers both local and foreign. Still waiting to see which guru is gonna take the prize for being first to "spot it" even tho its been under their noses for such a long time.

I personally feel comfortable with retaining PGM my PRIME (and possibly only) extreme sports proxy to the coming precious metals super-boom coming up IMO. Non-diversification is the Olympian MO to real wealth creation ...... sharpshooter approach. Only "diversification" I belive in is the cash at call component of my resources "portfolio".

Should be another good day coming up as the precious stuff is bursting to strut its stuff and USDX returns to its primary downtrend. The FED is indeed our friend ...... and they are talking about further rate cuts hoho. Turkeys ....... but I aint complaining !

IMBOOC