Using current exchange rates, the other three metals have a little less than one eighth the total USD equivalent circulation value. Silver has a 5.5% circulation share. Platinum has 2.3% circulation share. Palladium has a 3.7% circulation share; this is mainly due to it's dramatic rise in USD value recently because it has the smallest physical share. The average funded balance, in USD value, of the other three metals is much greater than gold's avg. funded balance. The metal with the highest avg. funded balance is, unsurprisngly, Palladium; this is again mainly due to it's dramatic rise in USD value. Palladium currently has a avg. funded balance over 200% greater than gold does. Silver and Platinum are grouped closely at 57.4% and 47.4%, respectively. The other three metals have a much longer turnover period which is the amount of time neccesary to spend the entire amount held in circulation. Silver has the longest turnover period; currently taking ~10-11 months. Next is Platinum, with a period of ~3-4 months. Palladium has the quickest period of the three; currently taking ~2-3 months. All of these are very long when compared with gold's period of ~9 days. These facts lead to the conclusion that the other three metals are used mainly for investment, while gold is the chief commerce metal. Viking Coder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
