Pt 30.989 Pd 28.584 Rh 143.874 Au 77.184 Ag 0.938

CAR CATALYST OF THE WEEK & TIP OF THE WEEK

This week we present the Toyota Prius 1.5 2003-2009 Auto cat. serial #EA6,

And a tip – Examining Gold as an Inflation Hedge in 2024:
A Summary of Mike Maharrey Insights

Data

  • Car Private
  • Brand Toyota
  • Ref EA6
 
Monolith A
Monolith B
Metal Price $/g – ($/tOz)
Type
Monolith A
Monolith B
Monolith C
Ceramic
 
 
Weight
Monolith A
Monolith B
Monolith C
602 gram
 
 
Palladium
Monolith A
Monolith B
Metal Price
7300 PPM(7.3 g/kg)
 
$28.3
Platinum
Monolith A
Monolith B
Metal Price
0 PPM (0 g/kg)
 
$30.45
Rhodium
Monolith A
Monolith B
Metal Price
400 PPM (0.4 g/kg)
 
$150
$ Value of the Monolith.
Monolith A
Monolith B
Monolith C
$158
 
 
Total Value of the cat.
$158
 

Note: Please consider that the PGM (Pt, Pd, Rh) content might change from one catalytic to another (with the same serial #) due to its condition affected by mileage, weather conditions, etc. *Assay made with Niton XLT3GOLDD+

PRICE COMPARISON IN DIFFERENT APPS

App
AG Metals
Ecotrade
Catalopedia
Noble6
CAT-DB
Auto Catalyst
Price
$158
$127
no data
$141
$181
$158
App
Price
AG Metals
$158
Ecotrade
$127
Catalopedia
no data
Noble6
$141
CAT-DB
$181
Auto Catalyst
$158

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TIP OF THE WEEK

Examining Gold as an Inflation Hedge in 2024 :
A Summary of Mike Maharreys Insights

Its common to speak about gold as a hedge against inflation, but in this summary of the journalist Mike Maharrey, he points to actual todays indicators.
Since mid-2021, we have lived through the worst price inflation since the 1970s, with the CPI (Consumer Price Index) peaking in June 2022 at 9.1 percent. During this period, many people sold gold, evidenced by its rangebound price through most of 2023. Was this a good move?
Examining the trend, gold sellers dominated when news indicated ongoing high inflation, often selling during large CPI increases or strong economic reports, particularly positive job reports. Conversely, gold buyers increased their purchases when inflation news was positive or indicated an economic slowdown.
The mainstream view suggests that persistent price inflation prompts the Federal Reserve to raise interest rates or keep them higher for longer. Higher interest rates create headwinds for gold since it is a non-yielding asset, leading investors to prefer yielding assets like bonds.
However, Maharrey finds it curious that investors consistently sold a traditional inflation hedge during the worst inflationary period in 50 years. Some of the gold price swings in recent months appear to be driven by traders anticipating
others; actions, rather than long-term trends or economic fundamentals. This “monkey see, monkey do” phenomenon was programmed into trading algorithms, creating short-term gains but neglecting long-term perspectives. Maharrey also questions golds role as an inflation hedge, noting that some investors consider it a “useless metal.” However, looking at the performance since June 2021, gold has
increased by about 29 percent, compared to a 12.3 percent rise in CPI, indicating a solid
inflation hedge.

For the full detailed Mike Maharreys article press ARTICLE

IMPORTANT NOTE: The information contains in this article for information purpose only and does not constitute investment advice or a recommendation to buy or sell.

A.G. Metals 

Ami Gur