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[quote="MSNBC"]Stolen in 60 seconds: the treasure in your car As precious metals prices soar, catalytic converters are targets for thieves By Alex Johnson updated 4:38 p.m. ET, Tues., Feb. 12, 2008 As prices of precious metals skyrocket, thieves are targeting an obscure component of automotive exhaust systems in lightning thefts that can be accomplished in less than a minute, police and automotive experts say. The component is the catalytic converter, which has been a mandatory part of exhaust systems since 1975. Police across the country say they have seen a dramatic rise in thefts of the components in recent months. If you peer inside a used catalytic converter, nothing looks salvageable, much less valuable. But some of the gray gunk in there hides three expensive precious metals. ... http://www.msnbc.msn.com/id/23117250/[/quote]
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MSNBC
Posted: Wed, Feb 13 2008, 7:17 pm EST
Post subject: Stolen in 60 seconds: the treasure in your car
Stolen in 60 seconds: the treasure in your car
As precious metals prices soar, catalytic converters are targets for thieves
By Alex Johnson
updated 4:38 p.m. ET, Tues., Feb. 12, 2008
As prices of precious metals skyrocket, thieves are targeting an obscure component of automotive exhaust systems in lightning thefts that can be accomplished in less than a minute, police and automotive experts say.
The component is the catalytic converter, which has been a mandatory part of exhaust systems since 1975. Police across the country say they have seen a dramatic rise in thefts of the components in recent months.
If you peer inside a used catalytic converter, nothing looks salvageable, much less valuable. But some of the gray gunk in there hides three expensive precious metals.
...
http://www.msnbc.msn.com/id/23117250/